I am aware that I have to display a price list in my pub which needs to be kept up-to-date with any fluctuating prices, but I am worried that during happy hour the prices of the drinks are obviously different. Should I replace the price list at this time?
The Price Marking (Food and Drink on Premises) Order 1979 provides that the prices of drinks must be clearly displayed on your premises. The price list must be visible at all times and should be correct at all times as well.
In an ideal world this would mean changing your price list during happy hour to reflect the changes in the prices. However, if you can provide signage that states exactly how the prices are to change then you do not need to replace the price list.
You must ensure that these notices are prominently displayed and that it is clear to the customer exactly what the change in price is. The important point to remember is that it is an offence under the Consumer Protection Act 1987 to mislead customers in relation to prices and this includes drinks being cheaper than on a price list displayed in your pub.