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Fuller's boss warns of price rises after Budget tax hike
The Independent
|November 14, 2024
A major pub chain has joined the growing list of hospitality businesses warning of price rises due to Labour’s Budget.
Fuller’s chief executive Simon Emeny said “pricing is going to have to go up across the sector”, as there is “no way” that pubs can sustain cost pressures.
“It’s an extra £8m of costs for our business alone,” he told BBC Radio 4’s Today programme as he revealed a 5.2 per cent sale growth at Fuller’s in the second half of 2024.
The pub chain currently operates at 380 locations across the UK, most located in southern regions. This puts it below larger chains like Wetherspoons and Greene King.
This story is from the November 14, 2024 edition of The Independent.
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