Industry experts are warning that the price of a pint could soon rise by up to 50p in some bars and pubs.
As costs rise in England across the board, the British Beer and Pub Association has spoken out – warning that punters could soon be paying more for their pints too.
Whilst some of the cheapest pints in Leeds still sit around the £3 mark (the cheapest, unsurprisingly, often being found at Wetherspoons chains – such as £2.79 for a John Smith’s), according to the association the UK average is currently around £4.07
In the capital meanwhile, the association claim Londoners pay £4.84 on average, but we know some pubs are already be charging well over £7 – so if the cost of a pint does go up by 50p then people may have to pay over £8 or more soon.
Trade body UKHospitality said pubs were facing “unprecedented” price rises.
Earlier this week, the chairman of the City Pub Company Clive Watson said that ‘pub inflation’ was currently running at about 10%.
Kate Nicholls – Chief Executive UK Hospitality – explained: “This is weighing very heavily on these businesses, which have had nothing but a torrid time, and the price of a pint and a meal out will have to rise.”
Nik Antona – CAMRA’s National Chairman – said the sector is continuing to deal with a crisis in “employment, supply chain, and cost of goods”, which is causing the price of a pint to rise, and admitted that: “This could spell disaster at the pump for small brewers and publicans if consumers make the decision to stay at home to cut corners.”
Pub landlords across the country are already telling of their recent need to hike pint prices, and are expressing their concerns at this continuing.
Dave Mountford, co-founder of the Forum of British Pubs and manager at The Boat Inn in Derbyshire, warned that drinkers will face rises of more than 50p, adding: “We’re putting prices up now and soon we’ll break the £4 a pint on cask ale for the first time ever.
“Our most expensive pint is a premium lager and it’s £4.80 – it was £3.75 two years ago.”
James Calder – Chief Executive of Society of Independent Brewers – explained: “We have seen huge spikes in people costs, transport, raw ingredients, and energy, and with most brewers running very tight ships already, our sector unfortunately needs to be able to pass on these price rises to customers including the pubs in between, otherwise they will go bust.
“No business likes to raise its prices but right now it is a necessity to survive.”
Because of all these constraints, industry experts have urged the government to scrap the 12.5% VAT rate on pubs, restaurants and hotels, and have called for the scheduled rise back up to 20% in April to be scrapped, as they claim these measures could help ease pressure.
Featured Image – Unsplash
