Costa Coffee has announced it will slash the price of drinks and food after the announcement by Chancellor Rishi Sunak that VAT will be cut for the hospitality sector until next year.
Costa Coffee is to pass on the full 15% VAT reduction to customers across all food and drink in owned stores. and its more than 9,000 Costa Express machines.
Prices will now be...
In-store
• Premium House Filter Coffee, was £1, now 88p
• Latte – was £2.55, now £2.23
• Flat White – was £2.70, now £2.36
*plus an additional 25p off when using a reusable cup
• Ham and Cheese Toastie – was £2.95, now £2.58
• Bacon Bap – was £2.95, now £2.58
• Salted Caramel Brownie – was £2.25, now £1.97
Costa Express
• Regular size- was £2.40, now £2.10
Costa Coffee has recommended its franchise partners also pass on the saving, however, customers should check prices in store, as prices may vary in those stores operated by a franchise partner.
This week Costa Coffee has opened a further 300 stores for eat-in, with 1,000 stores seating areas re-opening by the end of July. Costa also continues to offer both new and existing members of the Costa Coffee Club app 300 points to spend on any Costa product throughout July, worth £3. Coffee Club points can be collected in Costa Coffee stores and at Costa Express machines.
Neil Lake, Managing Director of Costa Coffee, said: “We’re delighted to be able to reduce prices today and pass on the saving directly to our customers. It is important to us that our customers benefit from the VAT reduction not just on selected core coffee products but across all Costa food and drink, both in store and from Costa Express machines. As we continue to safely welcome customers back into our stores for both takeaway and eat-in, we hope today’s reduction encourages more customers to enjoy their favourite handcrafted Costa Coffee, for less.”
