![]() Neame said that food prices in the company’s establishments had not yet risen, but added: "We will do our level best to keep good value for money and try and keep the pub experience affordable for people, but there is still a significant amount of inflation." Read more: ‘Latest body blow to household finances’ as Bank of England base rate raised Now Shepherd Neame, which has 303 pubs and hotels in south-east England – predominantly in Kent and London – has said that the pressures of inflation have negated their recent upturn in profits.Īs a result, price rises in its bars are expected, the firm said.Ĭhief executive Jonathan Neame told Kent Online: "I think prices will continue to go up – that's inevitable.” Official figures on Wednesday revealed there was a surprise jump in inflation to 10.4% last month following a period when it decreased. (Getty/stock photo)īritain’s oldest brewer has warned that prices in its pubs are set to go up, due to rising inflation and the cost of living crisis. Shepherd Neame have warned of rising beer prices due to inflation. ![]()
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