Credit crunch crashes beer sales
Figures released today by the British Beer and Pub Association make for grim reading, with beer sales in pubs, restaurants and clubs down a staggering 8.1% against the third quarter of 2007 - a fall of more than 160 million pints.
Nor were UK supermarkets immune: their sales fell by 6%.
BBPA chief executive Rob Hayward said: "The downturn has now broadened to affect sales through both pubs and supermarkets.
"This sales trend is symptomatic of the problems infecting the broader economy. But any prudent diagnosis would also identify the specific impact of the Budget's 9% beer tax increase."
Meanwhile, an average of five British pubs are closing every week.
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How drunk are you when you write this?
With the current price of beer? You must be kidding.