Enterprise Inns announces drinks price increases of up to 3.5%

By Adam Pescod , 22-Jan-2013
Last updated on 22-Jan-2013 at 10:42 GMT

Related topics: Company & City News

Enterprise Inns has informed its lessees that it will be increasing its drinks prices by between 3% and 3.5% from 4 February.

Enterprise Inns announces drinks price increases of up to 3.5%

It comes following the announcement of further wholesale price increases by the major brewers earlier this month, with rising cost pressures cited as the main drivers of price hikes.

A spokesperson for Enterprise said: “The past year has seen continuing input price pressures across all sectors of the economy, ranging from raw materials and utilities to fuel and distribution. It is against this inflationary backdrop that our drinks suppliers are passing on such increases in their wholesale prices and there is naturally upward pressure on prices.

“This is the first review of Enterprise selling prices in the last 12 months and we have worked closely with our licensee groups over the past few years to develop new agreements offering greater flexibility for publicans, offering standard and incentive discounts and free-of-tie options.

“We share a strong common interest in our publicans’ success and will continue to go to considerable lengths to assist and support them in dealing with current economic challenges.”

Punch Taverns also said it is to review its pricing structure following the brewers’ price increases.

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