- September 23, 2021
- Posted by: Mainframe Consulting
- Category: Business
City Pub Group boss has warned that due to a surge in costs to run venues the price of drink and food is going to rise.
Clive Watson who is the executive chairman told the PA news agency that pub regulars will be paying more for their favourite tipple.
Inflationary pressures such as soaring construction costs and higher wages to attract staff means buying a drink at a pub will cost more.
Watson said, “We are seeing cost inflation everywhere and it isn’t stopping.
“This is going to feed through into everyone across the sector, although obviously not just pubs, it is a huge issue right now industry as a whole.
“We are seeing inflation of 4% and more for most things so we will have increase the prices in our pubs, just as everyone else will.
Published at Thu, 23 Sep 2021 13:51:04 +0000