Summary
A pub in Lincolnshire is considering raising the price of a pint of Guinness to £7.50 due to increased costs from the supplier. The owner wants to know if customers would still buy Guinness at this price. Rising costs are a concern for both pub owners and customers.
Key Facts
- The Advocate Arms pub is considering raising the price of a pint of Guinness from £6 to £7.50.
- The pub's owner, Matthew Horsfield, seeks customer opinions on the potential price increase.
- Diageo, the company distributing Guinness, mentioned rising supply chain costs as a reason for higher prices.
- On average, a pint of Guinness in the UK costs £5.21.
- The proposed price increase is set to begin in April, potentially adding approximately £0.04 to the cost of a draught pint.
- Rising costs are causing financial difficulties for pubs, with many facing the choice of raising prices or closing.
- The government plans to give a 15% business rate discount to pubs and music venues in England starting from April.
- Some breweries, like Shadowbridge Brewery, limit drink prices to £5 to control costs and avoid wastage.
