| Update from the pub coal face. 16:04 - Nov 25 with 5623 views | catch74 |
If you haven’t heard Heineken are going with a big price hike in January.
If you don’t know their brands it’s the likes of Kronenberg, Amstel, Fosters, Moretti. I imagine that’ll equate to a 50p a pint price rise to for pubs to cover this - more if tied. I thankfully don’t use Heineken.
Costs off the top of my head that have affected us over the year.
7% increase on all alcohol products - this was pre energy crisis so more to come clearly.
Business rates for next year - £1200 a month - we had full rate relief during lock downs and then been paying £600 month this year.
Meat - particularly chicken (30%), probably 20% rise all told.
VAT - this time last year we had a reduced rate on food sales 12.5% - my VAT for this quarter last year was £8500, this year £21000 - from very slightly higher sales .
Coffee - 20% rise
Fish - maybe conservatively 20%. Our food specials are so much more limited, there are just so few dishes we can cost out that would sit at the right level for our pub.
Cooking oil - doubled in price .
Veg maybe least affected but I’d say 10%.
We’ve streamlined, found a new butcher with good produce and good price - but we’ve taken our custom away from the local village butcher - which I really didn’t like. I’ve found a new supplier and playing off prices with current on alcohol supply. We’ve put our prices up but they’ll need to go up again in spring - let’s see what joys the budget brings.
We’re a strong business and we’re getting through this but I can see carnage, particularly with tied pubs next year (a lot of big companies are merely offsetting the costs of their borrowing against their estates as things stand) when interest rates go up again. |  |
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| Update from the pub coal face. on 17:07 - Nov 26 with 806 views | Nthsuffolkblue |
| Update from the pub coal face. on 16:09 - Nov 26 by chicoazul |
Maybe closing the world economy for months was a bad idea after all. |
Do explain the logic behind lockdowns which have all been lifted long ago affecting current inflation and not having affected historic inflation.
It is like you are forcing an agendum here. |  |
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| Update from the pub coal face. on 17:59 - Nov 26 with 778 views | chicoazul |
| Update from the pub coal face. on 16:38 - Nov 26 by HARRY10 |
I know you righties are not too bright, but
"closing the world economy for months" |
Hey you know me Harold. |  |
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| Update from the pub coal face. on 18:00 - Nov 26 with 776 views | chicoazul |
| Update from the pub coal face. on 17:07 - Nov 26 by Nthsuffolkblue |
Do explain the logic behind lockdowns which have all been lifted long ago affecting current inflation and not having affected historic inflation.
It is like you are forcing an agendum here. |
Governments like inflation. The extra revenue that’s coming in helps to pay for the lockdowns from two years ago. It’ll be like this for probably a decade at least. | |
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| Update from the pub coal face. on 18:04 - Nov 26 with 770 views | HARRY10 |
| Update from the pub coal face. on 18:00 - Nov 26 by chicoazul |
Governments like inflation. The extra revenue that’s coming in helps to pay for the lockdowns from two years ago. It’ll be like this for probably a decade at least. |
I know you are a rightie, but claiming that the extra interest a government has to pay out on its debt because of inflation, is incredibly dumb
........................even for you |  | | |
| Update from the pub coal face. on 18:20 - Nov 26 with 742 views | Geomorph |
| Update from the pub coal face. on 18:11 - Nov 25 by factual_blue |
My cousin is so relieved she got out of the licenced trade in September 2019. It was tough then, and that was before the pandemic.
On the other hand, the pub we used to drink at as students in Manchester charged 20p a pint in 1974. |
50 pubs in ulverston (pop 12000) when I started drinking as a 14 year old in the early 80s… now only 25 left |  | | |
| Update from the pub coal face. on 18:39 - Nov 26 with 721 views | Nthsuffolkblue |
| Update from the pub coal face. on 18:00 - Nov 26 by chicoazul |
Governments like inflation. The extra revenue that’s coming in helps to pay for the lockdowns from two years ago. It’ll be like this for probably a decade at least. |
I see. So, this Government is about to encourage inflation with massive funding injections into public services?
Whilst I get your idea that inflation reduces the value of money rapidly so that the debts become less significant, I think you have badly misjudged this Government. They think austerity hasn't gone far enough. We have 2 wings of the Tory party right now. The one who trashed the economy trying to give massive tax cuts to the richest and the one that thinks the only alternative is to punish the poor by cuts, cuts, cuts. | |
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| Update from the pub coal face. on 18:39 - Nov 26 with 721 views | BanksterDebtSlave |
| Update from the pub coal face. on 18:04 - Nov 26 by HARRY10 |
I know you are a rightie, but claiming that the extra interest a government has to pay out on its debt because of inflation, is incredibly dumb
........................even for you |
You do realise that debt can be inflated away Harry?
Edit...only 1/4 of UK government debt is inflation linked.
https://capital.com/can-we-inflate-away-government-debt
If you read this you will see why they are determined tobsuppress wages too. [Post edited 26 Nov 2022 18:49]
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| Update from the pub coal face. on 18:46 - Nov 26 with 714 views | HARRY10 |
| Update from the pub coal face. on 18:20 - Nov 26 by Geomorph |
50 pubs in ulverston (pop 12000) when I started drinking as a 14 year old in the early 80s… now only 25 left |
Staying with a friend in Brittany some while back I learned that the local cafe/bar was charged lower or no rates as it was seen a being beneficial to the community (village). The early evening it served as a meeting point for teenagers (to do their homework), blokes to have a couple before the evening meal and would shut midweek around nine. The village bakery was given much the same dispensation.
There was also some former agricultural iron works buildings that had been converted into offices, and I was told they were used rather than the dozen (?) or so workers driving in Rennes. It also ensured they could pick up/drop off their kids to school and avoided an hour or so drive either way. It had led to a reversal in the village school numbers and a more 'lively' village.
I was told this by the kids (above), keen to practice their English, and enjoying my crap French that was only OK if I was talking about the pen of my aunt.
What they told me was part of the subject they studied, local/national politics and how things were done.
We seem to get so much wrong in this country. So much is about the majority being there to serve the needs and wishes of a minority, and in many cases be grateful for it. Many are it would seem
Not all pubs would survive whatever is done, being work related etc. But is beyond the wit to allow a pub in a village the chance to survive ie selling drink at the same price as a supermarket ? | | | |
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