The price of a pint could rise by about 10p as a result of the latest Covid restrictions, according to the chairman of the City Pub Group who said Christmas party cancellations had risen since the move to plan B was announced on Wednesday.
Clive Watson said the cost of a pint was already on course to rise by about 25p as a result of higher costs, including energy and wage bills, but that weaker than expecting trading over the key Christmas period would lead to further hikes.
“From about 10 days ago, office parties started to get cancelled, particularly those office parties which were being funded by companies, so typically parties for 40 to 50 people,” he told BBC Radio 4’s Today programme.
While some companies had postponed their celebrations
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