A Scottish brewery has warned the average price of a pint could exceed £7 ‘as the norm’ in some cities.
Alan Mahon, founder and chief executive of Edinburgh-based Brewgooder, said spiralling production costs driven by the conflict in Ukraine, currency and duty challenges had created a ‘perfect storm’ for the industry – made worse by the Chancellor scrapping a freeze on alcohol duty earlier this month.
He explained how the price of raw ingredients - including wheat and barley - are rising well in excess of the rate of inflation, adding other key ‘unseen’ materials - such as energy and gas - have hit eye-watering levels, with carbon dioxide now costing 3,000% more than it did this time last year.
