How much was a pint in 1975?
Discussion
Engineer1 said:
What would the price be now with inflation?
£1.42 according to RPI or £2.13 using average earnings.Power of the Pound
lockhart flawse said:
I am sure 15p is not right. I know I paid 20p a pint in the subsidised Union bar at University in 1975. Hoping someone for some reason can actually remember what they paid.
I started in the Fire Engine and The Globe c. 1978 and you could get four pints for a pound, I remember that much. We used to drink either draught Blackthorn or Courage BA IIRC.If we accept 20p a pint then and say £3.00 now that means :
My first car which cost £375 is equivalent to £5625 now and I reckon I can get a much better car for £5625 than the heap I bought back then.
My Pa sent me off to University with a cheque for £400 that lasted me from Oct 75 to Feb 76. So I would have to give Flawse minor £6,000 which seems extraordinary.
I think that the answer is that a pint has become extremely expensive.
L.F.
My first car which cost £375 is equivalent to £5625 now and I reckon I can get a much better car for £5625 than the heap I bought back then.
My Pa sent me off to University with a cheque for £400 that lasted me from Oct 75 to Feb 76. So I would have to give Flawse minor £6,000 which seems extraordinary.
I think that the answer is that a pint has become extremely expensive.
L.F.
Dog Star said:
Probably explains why so many pubs have closed down I guess.
Regardless of my income, I look at the price of a (oop north) pint and it makes me wince.
I think it's far more to do with the competition they face than the price of the beer....Regardless of my income, I look at the price of a (oop north) pint and it makes me wince.
I'm currently sat here replying to a point of view expressed by a complete stranger I know not where, having just fast-forwarded through the ads on a programme recorded off ITV's 4th television channel whilst waiting for a curry to be delivered, also ordered via the wonderful medium of the internet. After dinner, I might spend a bit of time on the X-box before bed.
If this was 1975, I'd have a choice of whatever was on one of the 3 channels available right now.
It's far easier not to bother going out to the pub these days!
Kermit power said:
Dog Star said:
Probably explains why so many pubs have closed down I guess.
Regardless of my income, I look at the price of a (oop north) pint and it makes me wince.
I think it's far more to do with the competition they face than the price of the beer....Regardless of my income, I look at the price of a (oop north) pint and it makes me wince.
I'm currently sat here replying to a point of view expressed by a complete stranger I know not where, having just fast-forwarded through the ads on a programme recorded off ITV's 4th television channel whilst waiting for a curry to be delivered, also ordered via the wonderful medium of the internet. After dinner, I might spend a bit of time on the X-box before bed.
If this was 1975, I'd have a choice of whatever was on one of the 3 channels available right now.
It's far easier not to bother going out to the pub these days!
Meanwhile, I can get four 400ml cans of cider (my favourite summer drink) from a supermarket for the price of a pint from a pub.
lockhart flawse said:
Interesting though that Sam Smiths can sell a pint for £2.00 in one of their tied pubs. Where does the extra £1-2.00 go in Surrey?
Higher cost of land, higher cost of wages etc, etc...I suspect, though, that even in the frozen wastes of The North, if they're selling bitter at £2 a pint, that's something of a loss leader.
Of that £2, 40p is VAT, and a further 45p (approximately, depending on beer strength) goes on duty. This leaves the pub with £1.25 out of each pint from which to cover everything else - the cost of buying in the beer (or the cost of brewing for a tied pub), wages, utility bills, building maintenance etc, etc... Even with a high level of custom, I can't see them making a profit out of selling the beer alone?
By way of a frame of reference, the average pint of bitter when I was a student in Liverpool in the late 80s & early 90s was around £1.30, and costs have gone up a lot since then.
When we moved to North Yorkshire 9 years ago Sam Smiths was £1.40 a pint. We ordered 2 pints and I thought we had been charged for just one but no - £1.40 a pint. I don't think Sam Smith's run it as a loss leader either but they maybe prefer to take their margin in the brewery. I asked Oliver Smith a few years back but didn't really understand his answer which was maybe his intention.
So a pint of beer isn't really a good comparison I think because the gradually increased duty has distorted the price. Is there any other food item which is sold in the same form now as in 1975? Mars Bars for example have become smaller but I suspect a 340g can of say John West corned beef will be a better comparison but subject to changes in import duty. So ideally I need a home-produced food item? Marmite perhaps.
So a pint of beer isn't really a good comparison I think because the gradually increased duty has distorted the price. Is there any other food item which is sold in the same form now as in 1975? Mars Bars for example have become smaller but I suspect a 340g can of say John West corned beef will be a better comparison but subject to changes in import duty. So ideally I need a home-produced food item? Marmite perhaps.
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