Beer prices set to rise by 30 pence a pint, says report

Beer prices are reportedly set to rise by 30 pence a pint. That's before any duty increases are announced in the Budget, as rising costs are passed on to consumers.

More than eight in 10 pubs have raised prices or plan to as a result of rising costs, including those caused by higher wages along with energy and supply shortages The Times reports.

Chancellor Rishi Sunak has been asked to freeze the alcohol duty rate amid fears the £6 pint could become commonplace around London and the south-east.

A shortage of hospitality staff returning after furlough has prompted pubs to increase wages to fill the estimated 134,000 vacancies across the sector, the paper says, while drinks wholesalers Matthew Clark and Bibendum are hiking prices by between 3.5 and 5 per cent next month.

A spokesman for the companies, which are owned by the C&C Group, told The Times: “As our industry recovers from the pandemic, the pressure on UK and global supply chains has added increased cost and complexity.”

Dave Mountford, co-founder of the Forum of British Pubs, predicted publicans would have to increase pint prices from 20p to 30p to meet rising costs.

“In my pub that means I will be charging more than £4 for a pint of cask ale for the first time,” the Derby publican told the paper. “It will mean much more in areas like London.”