The expensive life seen from London: “A pint of beer costs 30 to 40 cents more than a year ago”

In recent months, Peter Myers has begun to dread the arrival of the next electricity and gas bill. “The amount has practically doubled, when it was already one of our most expensive budget items,” says the 56-year-old pub manager who owns ten establishments across London. “For a pub like this,” he continues, pointing to the red brick facade of the Red Lion located on a busy street in Stoke Newington, a residential area in the northeast of the British capital, we now have to pay 36,000 pounds a year [près de 40 000 francs, ndlr]against 19,000 pounds twelve months ago.”