Price of London pint set to reach staggering £9.99 within just two years

Pints in London could cost as much as £9.99 within the next two years, a leading industry body has claimed.

Pubs make a huge proportion of their sales through beer meaning the humble pint has a huge role to play in keeping boozers from calling last orders.

Camilla Weddell from the Campaign for Real Ale (CAMRA) has explained how boozers make some 90% of their money through pints despite the array of costs pointed at landlords from overheads to taxes – which will set them back about 54p per 5% of booze.

READ MORE: Kim Jong-un's sister threatens to turn Pacific into 'firing range' in chilling warning

CAMRA is now asking the UK government to accommodate our pubs in the upcoming Spring Budget due to be announced on March 15 – or risk seeing more pub closures.

Ms Weddell told LADBible: "You do see the difference between a beer you can buy in the supermarket and you can buy the same beer in a pub and it is a lot more.

"That’s where you start to get all these other costs coming in, things like business rates, like council tax but for businesses, where pubs pay a massively disproportionate amount.

"Nine out of 10 drinks sold in a pub are beer, it's not like a supermarket where they can sell it as a loss leader, it's not what’s actually making their profit."

  • Every 100 yards of territory 'costs Russia lives of 2,000 men,' says NATO

She explained that pubs’ hands are often tied when it comes to trying to drive their own prices down, and even the best efforts are likely only going to save the punter at the bar about 10p.

The Office for National Statistics has produced data claiming that in the last three years, the average price of a pint of lager at the bar is up 50p to £4.23.

And, for a British pint, the cost is now a pound dearer than it was 10 years back.

For pint patrons in the capital, jars could soon be as much as £8.67 this year, CAMRA has warned.

Already, especially in more central parts of the city, the cost of a bev can sneak up above £7.

If prices continued to rise at this rate past this year they could reach as high as £9.31 in 2024 and £9.99 by 2025.

CAMRA's National Chairman Nik Antona said: "With energy bills for businesses going through the roof and the cost of goods and employing staff rocketing too, pubs and the breweries that serve them have had no choice but to put up prices in order to make ends meet.

"If the government doesn’t use the spring budget to change its plans to slash help for pubs with energy costs from April, then we risk seeing further price hikes at the bar – or more pub closures."

For the latest breaking news and stories from across the globe from the Daily Star, sign up for our newsletter by clicking here.

READ NEXT:

  • Kyiv's mayor issues stark nuclear warning for ‘everyone on our planet’
  • Paul Burrell's five word message to Kate Middleton as he vows to 'tell boys the truth'

  • Putin 'puts nuclear forces on highest alert' as Biden visits Ukraine

Source: Read Full Article