BIA drinkers are facing a 50p a pint rise – as pubs risk bankruptcy, industry insiders have warned.
Boozer is seeing the cost of beer, energy, food and labor soar as it faces soaring inflation and supply chain problems.
It means some bettors may pay more £7 for a pint in London.
The average cost of a pint in the UK it’s £4.07, according to the British Beer and Pub Association.
It is estimated that Londoners pay an average of £4.84 – but some pubs in the capital charged over £6.
Bunch of Grapes in Borough charged £6.75 for a pint of Amstelwhile a Staropramen in The World’s End in Camden costs £6.70.
UKHospitality says pubs are facing “unprecedented” price increases.
“This is weighing heavily on these businesses, which are nothing but horrible times, and the price of a pint and a meal will have to go up,” said Kate Nicholls, chief executive officer.
“Independent brewers are not immune to increasing input costs,” said James Calder, chief executive officer of the Independent Brewers Association.
“We have seen spikes in the costs of manpower, transportation, raw materials and energy.
“With most brewers running trains very closely, unfortunately our sector needs to be able to pass these price spikes on to customers, including pubs in between.
“Otherwise they’ll go bankrupt. No business likes to raise prices but right now it’s essential to survival.”
Dave Mountford, co-founder of British Pub Forum and manager at The Boat Inn, in Cromford, Derbyshire, warns that drinkers are facing an increase for more than 50p.
He said: “We are bullish right now and we will soon break £4 a pint on a barrel of wine for the first time.
“Our most expensive pint is a premium ale and it was £4.80 – £3.75 two years ago.”
Nik Antona, Country President of CAMRA: “Despite dissatisfaction, it is not surprising that the price of a pint is expected to increase sharply as the beer and pub sectors continue to cope with employment, supply chain response and cost of good crises.
“This could spell disaster for the pump for small brewers and workers if consumers decide to stay home to cut corners.”
Earlier this week, City Pub Company president Clive Watson said that ‘pub inflation’ is at around 10%, and the price of a pint went from 40p to 50p.
Industry experts called on the government to drop the VAT rate of 12.5% for pubs, restaurants and hotels, and drop the expected increase to 20%, scheduled for April to relieve pressure on the industry.
https://www.thesun.co.uk/money/17437490/pubs-set-to-hike-beer-prices-by-50p-a-pint-and-londoners-could-pay-over-7/ Pubs raise beer prices by 50p a pint and Londoners can pay more than £7