Showing posts with label beer. Show all posts
Showing posts with label beer. Show all posts

Wednesday, 6 August 2008

Inflation hits where it hurts

Having just been to Earl’s Court to worship at the temple of hedonistic binge drinking, I am horrified to discover that inflation is really beginning to hit where it hurts.

According to CAMRA (one of the few special interest groups with which I have some sympathy), by the time the Olympics arrive a pint of beer will cost £5. By beer they mean the usually-cheaper foamy stuff such as bitter and ale, of course; the story will be worse for larger.

Indeed, “By the end of this year the cost of a pint will have risen by an inflation-busting 25 pence”, and in London they have found beer for sale at £3.70 a pint.

(Amateurs! I was in the Bunch of Grapes in Borough a couple of weeks ago and was charged £3.95!).

Of course the price has already been way above that in clubs, bars and swanky outlets, but in the traditional (and not so traditional) British pup one had hoped that reality would not bite. But with the cost of fuel, agricultural produce and potentially labour on the rise, it won’t be long before we reach the next horrendous milestone.