Pret a Manger is raising the price of its coffee subscription service to £25 a month prompting criticism from some of its customers.
The High Street chain said ingredients and staff costs were rising, and that VAT was about to go back up.
Read the full article on the BBC website
NAM Implications:
- Not even the end of the beginning for coffee drinkers…
- …the 40%+ ingredient cost-increase for coffee in their pipeline.
- Pret says ‘…of the extra £5 charge, about £2 will cover VAT, £1.50 would go on paying staff more, and £1.50 will offset inflation’
- i.e. apparently no reflection of upcoming coffee ingredient costs?
- Or a VAT increase from 12.5% to 20% in April…
- …or a National Insurance increase from April.
- Watch this space…
