The days of being able to enjoy a few cheap pints in your local may be on their way out if inflation continues at its current rate, according to new data.
UK inflation is currently at its highest level on record (5.5%), and that figure is forecast to rise again to 7.5% by the spring.
Naturally, a rise in inflation means that prices for everyday goods will rise too – as working people are starting to notice already on everyday items like pasta and petrol. So it stands to reason that the price of your average pint is likely to go up too.
Still, all the little things add up. Currently, the average price of a pint in the UK is £3.96 – but if inflation continues to rise at the same level by 2030, that average price could rise to an extortionate £10.50.
We’re not talking £10.50 for your 12 or 13% craft brewery imperial stout, either. This is for some of the most mainstream lagers and beers sold across bars up and down the country.
ADVERTISEMENT
Here in Manchester, the average pint is £4.05 so by 2030 this could rise to £7.09. Can you imagine paying over £7 for a pint of Carling or Fosters?
Roberto Rivero, a market analyst at Admirals, told The Mirror: “Soaring energy prices, labour shortages and the rising cost of raw materials are pushing up input costs for businesses, which, in turn, is putting upward pressure on prices.
ADVERTISEMENT
“Rising inflation should only be transitory until the economy is used to living with Covid19. However, things are likely to get worse before getting better. If inflation continues to rise at a faster rate than wages, then the price of a pint would be the least of our concerns.
“The hospitality sector would likely suffer as people began to prioritise spending on essential items and, although many of us may think that a pint of beer on a Friday night is essential, things like food and household goods will take priority for most”.
Greater Manchester public urged to help get people ‘off the streets and on their feet’ before Christmas
Emily Sergeant
Locals are being urged to help get hundreds of people “off the streets and back on their feet” this festive season.
As the temperatures told colder by the day, and Christmas creeps closer and closer, Greater Manchester Mayor’s Charity is bringing back ‘1000 Beds for Christmas’, and the massively-important initiative is aiming to provide 1,000 nights of accommodation to people at risk of homelessness before the big day arrives.
Forming part of the ongoing ‘A Bed Every Night’ scheme, this festive fundraising mission is designed to provide food, shelter, warmth, and dedicated vital wrap-around support for those who need it most.
The charity says it wants to build on the “incredible success of 2023”, which raised more than £55,000 and provided 1,800 nights of accommodation.
Stockport-based property finance specialists, Together – which has supported the campaign for the last two years – has, once again, generously pledged to match every public donation for the first £20,000 raised.
Unfamiliar with the ‘A Bed Every Night’ scheme? Since 2017, when rough sleeping peaked, the initiative has helped ensure a significantly-higher rate of reduction in the numbers of people facing a night on streets in Greater Manchester than seen nationally.
The landmark scheme has given people the chance to rebuild their lives, while also giving them access to key services and opportunities that allows them to stay off the streets for good.
Despite the scheme’s recent success, organisations across Greater Manchester are under “a huge amount of pressure” to meet the demand for their services this winter, and given the current economic outlook, household budgets will continue to be squeezed – leaving people on the sharp end of inequality and poverty.
Georgina Pellant -
23rd February 2022 
