January 18th 2025.
A brand new pop-up pub has recently opened its doors in London, and it's not your average watering hole. This pub, called The Fair Pour, is taking a unique approach to charging its customers for their drinks - based on their net worth. So, if you've already given up on Dry January and are looking for your next pint opportunity, this may be the place for you.
As we all know, the first month of the year can leave our wallets feeling a bit empty. And The Fair Pour is here to highlight the growing inequality gap between the super-rich and the rest of the world. From midday to 9pm on January 21, this pub, located at 64 Theobalds Road in Holborn, will be asking its patrons to take a good look at their bank accounts and pay what they feel is fair based on their individual wealth.
According to Oxfam, the organization behind this initiative, more affluent customers are encouraged to dig deep and pay prices that reflect their wealth. This is to bring attention to the need for a fairer tax system and to address the issue of inequality. While it's not clear how The Fair Pour will enforce this policy, it seems that honesty will play a role.
But don't worry, if you're not rolling in cash, you won't be expected to pay the same prices as a billionaire. The Fair Pour aims to create a fair and inclusive environment for all, with options for alcohol-free drinks and even a pub quiz in the evening. So, whether you're a high earner or on a tight budget, everyone is welcome to join in on the fun.
Speaking of budgets, let's take a look at the average UK annual salaries by age. Unsurprisingly, those aged 18-21 have the lowest median earnings at £24,440 per year, due to their lack of experience in the workforce. As we move into our twenties and thirties, the average salary increases, with those aged 30-39 earning around £39,988 per year. It's no surprise that as we reach our forties, we hit our peak earning potential, with the average salary for those aged 40-49 being £42,796 per year.
But after the age of 50, we see a decline in median wages, with the average salary dropping to £40,456 for those aged 50-59 and even further to £36,036 for those over 60. This decline is attributed to factors such as workers leaving the workforce, going part-time, or experiencing health issues.
With the rising cost of living in London, it's no wonder that people are constantly on the lookout for a cheap pint. The average cost of a round of drinks can easily add up to over £20, with some pubs in the capital increasing their prices by as much as 20% in recent years. In 2024, the London borough of Newham had the cheapest pints at an average of £4.06, while the most expensive pints could be found in Kensington and Chelsea, where they cost an average of £7.02. But at The Fair Pour, the price you pay will depend on your personal wealth, making for a unique and thought-provoking drinking experience.
So, if you're looking for a new pub to try, head to The Fair Pour and pay what you feel is fair. And if you have a story to share about your experience, be sure to get in touch with us. Who knows, maybe one day we'll see a Fair Pour pop-up pub in a city near you. Cheers!
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[Generative AI is experimental.]
