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Beer Prices Look Set To Rise Across The UK

Tom Wood

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Beer Prices Look Set To Rise Across The UK

Featured Image Credit: Alamy

Beer prices could be set to rise quite a bit even before Chancellor of the Exchequer Rishi Sunak delivers his budget, as rising costs caused by a number of factors could see a pint pushed up by as much as 30p.

Of course, if you've been out for a pint recently perhaps you'll have noticed that many places have already put up their prices.

Still, after a year and a half out of the boozer - barring a few weeks here and there - it's nice to be back anyway, isn't it?

According to reports from The Times, more than eight in 10 pubs have already raised their prices, or are planning to in the near future because of rising costs.

It seems as if those rising costs are to be put back onto the customers, but what are they?

Credit: Alamy
Credit: Alamy

Well, energy costs to begin with. Pubs consume a lot of energy, and with prices on the up-and-up, that's got to be made up somewhere.

Increased wages - while no doubt a good thing - are also an extra cost that must be paid for.

Loads of staff haven't returned to the reopened hospitality sector since everything came back, meaning there has been an estimated 134,000 vacancies within the industry.

That means that - in order to fill the gaps - staff have had to be paid more.

Again, that's fantastic news for the workers, but the money has to come from somewhere.

On top of that, supply shortages - at least partially caused by Brexit - are also of concern to publicans up and down the country.

Now, the report suggests that those in the business are imploring Sunak to take the plunge and freeze the alcohol duty rate before every pint in London and the South-East is pushed above six quid.

Credit: Alamy
Credit: Alamy

The Times also reports that drinks wholesalers Matthew Clark and Bibendum are raising prices by 3.5 and five percent next month.

A spokesperson for those companies, owned by the C&C Group, said: "As our industry recovers from the pandemic, the pressure on UK and global supply chains has added increased cost and complexity."

The co-founder of the Forum of British Pubs, Dave Mountford, also said he believes that establishments will have to hike prices by as much as 20 or 30 pence to meet these costs.

He said: "In my pub that means I will be charging more than £4 for a pint of cask ale for the first time.

"It will mean much more in areas like London."

Topics: UK News, Money, Food And Drink, Beer

Tom Wood
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