£5 pint predicted for 2012 London Olympics

05 August 2008 by
£5 pint predicted for 2012 London Olympics

Beer drinkers in Britain face a £5 pint in time for the London Olympics in 2012 according to consumer body the Campaign for Real Ale (Camra).

The real ale group revealed research today that claims the average price of a pint of real ale has risen by 12p since the budget in March, with lager up by an average of 14p per pint.

If price inflation of approximately 5% per annum continues until the Olympic Games in 2012, London could be serving visitors real ale at an average of £4.14 per pint, while lager will cost on average £4.48.

Camra's figures are based on an average taken from a survey of 242 pubs from in February and June of this year.

Camra chief executive Mike Benner said: "High beer taxes threaten to prevent many low and moderate earners enjoying a regular pint at their local pub.

"We desperately urge the chancellor to think again before he goes down in history as the chancellor who closed thousands of community pubs; damaged community life and prevented many millions of pub-goers from enjoying a regular trip to the pub."

In March the chancellor announced inflation busting price hikes for alcohol and put booze on a 2% above inflation price escalator for the next four years.

Cains Beer Company's bankers withdraw support >>

Pub beer sales plummet >>

Government fails to disclose beer tax motives >>

Industry blasts chancellor's alcohol tax rise >>

Read more on the London Olympics >>

By Christopher Walton

E-mail your comments to Christopher Walton here.

The Caterer Blog](http://www.caterersearch.com/blogs/catering-news-blog/) Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking