A pint of beer in London is on track to hit £14 in just two and a half years if inflation and energy costs continue to surge, new research predicts.
Higher energy costs, wages and supply chain issues have meant businesses have been forced to pass on costs to customers with the price of every day purchases soaring.
As well as £14 for a pint of beer, a cup of takeaway coffee is also likely to soar in price to as much as £4.44, and the average Uber trip will hit £26, by 2025, according to figures from pension provider Penfold.