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Color me skeptical. Demand for a pint isn't about to disappear just because energy costs are rising. Surely the more likely outcome is that pubs will pass along
by chaorace 4y ago
Color me skeptical. Demand for a pint isn't about to disappear just because energy costs are rising. Surely the more likely outcome is that pubs will pass along rising costs to consumers, who will absorb increased prices because: *A)* pubs are a centuries-old English social institution with no readily available alternative and *B)* alchohol is habit-forming.
- secretsatan 4y agoPubs have been slowly dying off in the UK for many years (decades?) now. The common line is that young people just don't like to go, although I personally think it's because they can't afford to go anymore, and not just because of rising pub prices, stagnant wages and ever rising house prices have a part too
- balaga01 4y agoDon't forget that it's not _just_ the pint that will be more expensive. The consumers, after paying double or triple the usual electricity/gas price this winter, and suffering from a inflation of more than 10%, will have to have enough spare cash to stomach an increase of the price of a pint. There is absolutely no chance that the pubs will be able to have as many customers as before. And for B) the answer is simple: they'll buy their alcohol at the shop and get drunk at home