It looks like the "10 pint a night" crowd better be saving up for the night out.
From The Mirror, September 4:
Running costs for pubs are set to increase by 500-600%, putting a huge number at risk of closure, says Tom Stainer, chief executive of real ale campaign group CAMRA
The price of a pint will need to rise to a whopping £15 - 20 to keep pubs afloat during the cost of living crisis, an expert has warned.
Tom Stainer, the chief executive of real campaign group CAMRA, says the increase in energy prices will cause running costs at pubs to increase by 500-600%, putting an enormous amount of establishments at risk of closure.
Speaking to the Daily Star, Tom said: "How much would 500% be on a £5 pint - you’re talking ridiculous amounts of money, 15 or 20 quid for a pint.”
He said there was a “perfect storm” of factors that “will affect just about every pub out there”.
But despite prices of a pint creeping up across the country, the actual increases needed to sustain boozers in this situation are so enormous that they aren't realistically going to happen.....
....MUCH MORE
