Pints costing £7 will become 'the new norm' brewery boss warns blaming Russia and rising costs

26 October 2022, 06:53 | Updated: 26 October 2022, 07:10

The stark warning for pub goers comes as the industry struggles to recover from Covid.
The stark warning for pub goers comes as the industry struggles to recover from Covid. Picture: Getty
EJ Ward

By EJ Ward

Brewery chief warns that inflation, the weaker pound and spiraling costs could hit the hospitality sector extremely hard, causing soaring prices for pints.

Listen to this article

Loading audio...

The average price of a pint is set to become the norm at £7, brewery bosses have warned blaming soaring production costs and inflation which have created a perfect storm.

The cost of raw ingredients, including wheat and barley, are now rising more than the rate of inflation.

It has not been a great year for UK pub chains. Despite lockdown restrictions being lifted, the hospitality sector has been hit by energy price hikes and customers feeling the pinch amid the cost of living crisis.

Read more: 'Log bank' in UK's coldest town amid fears energy costs will put lives at risk

"During lockdown, dyed-in-the-wool pub-goers, many for the first time, filled their fridges with supermarket beer – and it has proved to be a momentous challenge to persuade them to return to the more salubrious environment of the saloon bar,” Wetherspoons chairman Tim Martin said.

Martin added that the expected post-lockdown boom had not happened and that publicans had experienced painstakingly slow recoveries paired with hugely inflated costs.

Read more: Rishi's team to 'fix' Britain: Continuity Cabinet sees return of Hunt, Gove and Braverman

UK brewer Brewgooder has called on the public and the government to support the pub trade amid their warning of £7 pints.

Alan Mahon, Brewgooder's founder, said Russia’s invasion of Ukraine had driven up ingredient costs.

Mr Mahon said the cost of raw ingredients such as wheat and barley were rising well in excess of the inflation rate.

Inflation returned to a 40-year-high of 10.1% in September, driven by rising food prices - the first time inflation has gone above 10% in 1982

Wheat and barley, two crucial components of brewing, he explains, are rising well in excess of the rate of inflation and other key ‘unseen’ materials such as energy and gas – have hit eye-watering levels, with carbon dioxide now costing a whopping 3,000% more than it did this time last year.

Brewers were also facing spiralling prices for energy and gas, which were at record highs. And the price of carbon dioxide — essential for the brewing process — was now costing 3,000% higher than this time last year.

More Latest News

See more More Latest News

Breaking News

Royal Mail owners agree to £3.5bn takeover offer from Czech billionaire Daniel Kretinsky

Tributes have been paid to watch seller Oliver White who was found dead after a raid

‘Our beautiful, funny, loyal boy’: Heartbroken family pay tribute to watch seller, 27, found dead after ‘traumatising’ robbery

Police have arrested 40 people following the demonstration on Tuesday.

Three officers injured and 40 people arrested after police clash with pro-Palestine protesters in Westminster

Thailand Thaksin

Former Thai prime minister Thaksin Shinawatra indicted for royal defamation

APTOPIX Papua New Guinea Landslide

Mass evacuations in Papua New Guinea amid fears of further landslides

APTOPIX Israel Palestinians

Algeria proposes UN resolution demanding Israel halt offensive in Rafah

Venezuela Election

Venezuela revoke EU invitation to observe nation’s presidential election in July

Rishi Sunak

Sunak pledges to create 100,000 more apprenticeships every year by shutting down “rip-off” university degrees

Garry Conille

Transitional council in Haiti selects new PM for country under siege by gangs

Keir Starmer has pledged to cut NHS waiting lists

‘Cutting NHS waiting lists is our priority’: Starmer unveils ‘first steps’ for Government if elected into Downing Street

Former US pesident Donald Trump sits with lawyers while he attends his trial at Manhattan Criminal Court in New York City

Trump trial: Prosecutor focuses on ‘cover-up’ while defence attacks key witness

Iain Dale is stepping down from LBC

Iain Dale to step down from LBC to put himself forward to be selected as a candidate for MP in the General Election

Amie Gray was stabbed to death on Friday night

Man, 20, from south London, arrested after personal trainer stabbed to death on Bournemouth beach

Smoke billows after an explosion in the Gaza Strip, as seen from southern Israel

Israeli strikes continue near Gaza’s Rafah

Tributes have been paid to women’s football coach Amie Gray. Police have released CCTV of a suspect

Police search teams scour cliffs following fatal stabbing of Amie Gray 34, as manhunt for murderer continues

Changes in VAT exemption for private schools won't happen before the next budget

Labour refuses to rule out possibility of mid-academic year rise in private school fees