Many moons ago, after we broken the exchange link with sterling, but long before the advent of the euro, the punt had dropped back to a value of stg80p.
At the same time, the price of the pint was increasing, through a combination of excise duty increases and the brewers/publicans margins, and rapidly approaching the then almost unimaginable price of 80p (god be with the days!).
I recall a TV sketch at the time featured Eamon Morrissey, studying his pint at the bar and, shaking his head in wonder, asking: “Who’da thought the punt would hit 80p before the pint?”
Nostalgia isn’t what it used to be, and neither is the real price of the pint.
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