Pub and brewery firm The Liberation Group has warned its energy costs are set to double “even with the support” announced by Prime Minister Liz Truss to help firms with their energy bills.
The Jersey-based parent company of West Country brewery and pub brand Butcombe - which has a portfolio of more than 50 managed and around 65 tenanted pubs across the South West and Channel Islands - has called on the government to provide “further details” on how it will support businesses and consumers with rising costs.
The independent brewer said despite “a strong summer of trading” it had not been immune to inflation pressures currently facing the hospitality sector. In a trading update for the period May 21 to September 3 2022, the firm reported total like-for-like sales across its managed pubs had risen by 6.3% compared to last year and up 30% on pre-pandemic levels in 2019.
