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Credit Crunch


Guest mike99

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The recession / creit crunch / blip / depression (whatever the Sun is calling it today) will not have any direct bearing on food prices (in the abscence of big changes in the general price level). Food price is more determined by availability of supply.

I'd imagine prices will be the same or higher for Glastonbury.

Traders are greedy for profit and punters are neccesarily greedy for food. There's money in food. Demand is very inelastic. Particularly when cold and dirty in a field.

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I belive that Glastonbury broke even/made a loss due to the rise in fuel prices last year. Prices have droped alot since the peak last year. The tickets have been sold early (three months) and 90% have sold even at a modest 2% over that time it is an extra £108000 (this figure ignors the deposit money up untill Feb). So the festival does not need to dramatically increase the price to traders. By the summer we may be in for a period of deflation where prices are going down prices should be the same as last year or lower. The comment on the price of barrels is wrong since the price of aluminium has dropped like a stone.

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the Recession (credit crunch god i hate that buzz word :) ) will/is/has effected everyone and everything, did anyone really assume Glastonbury Festival would be exempt from a global economic crisis?

i would say count on it being in line with price increases in general and then add 5%

one thing i don't understand is when people claim food and drink prices are a lot cheaper at Glastonbury when compared with other festivals but i found them to be pretty much all the same as it's usually the same stalls and wagons etc sure there are a few food places scattered around that are reasonably priced with decent food and seem to be more in line with the spirit of the festival but they are few and far between and have huge queues, in general it's the same food traders selling their overpriced tatt that are at all the other festivals throughout the year.

if anything i think people will be taking their own food more this year as everyone is feeling the pinch and will no doubt see this as a better option than risk being ripped off buying their food there.

Edited by .jay.
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The recession / creit crunch / blip / depression (whatever the Sun is calling it today) will not have any direct bearing on food prices (in the abscence of big changes in the general price level). Food price is more determined by availability of supply.
Edited by .jay.
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one thing i don't understand is when people claim food and drink prices are a lot cheaper at Glastonbury when compared with other festivals but i found them to be pretty much all the same as it's usually the same stalls and wagons etc sure there are a few food places scattered around that are reasonably priced with decent food and seem to be more in line with the spirit of the festival but they are few and far between and have huge queues, in general it's the same food traders selling their overpriced tatt that are at all the other festivals throughout the year.

if anything i think people will be taking their own food more this year as everyone is feeling the pinch and will no doubt see this as a better option than risk being ripped off buying their food there.

Edited by serginhowardinho
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The state The Jazz field was left in was horrible! I know I'll sound like a teacher but until people learn not to litter, there will be no 2 litre bottles!!

I'd love to be a vegetarian at Glastonbury! The food there was utterly amazing! Have you even heard of the Buddhafields cafe?

Edited by DaveMac
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Buddhafields cafe were at Bloom last yer weren't they? Had a very chilled time in there, carpets and fairy lights, was lovely.

The state of some of the staff was hilarious.

"Erm, yeah. Tea. You want tea?"

"Yes please."

Guy scratches head, zones into music playing from kitchen radio. Grins. Looks around. "Yeah. cups. Cups cups cups cups. if I was a cup....sooooo, tea, huh?" Does little hand dance with other equally trashed staff member. Picks up plate. Passes it over.

"You want milk? Hmmmmm. Milk. Milk milk milk milk...."

It was like being in a slow motion movie where no-one knows the script.

I really hope it's like that again at Glasto, stonking!

Edited by Josie's Cat
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Buddhafields cafe were at Bloom last yer weren't they? Had a very chilled time in there, carpets and fairy lights, was lovely.

The state of some of the staff was hilarious.

"Erm, yeah. Tea. You want tea?"

"Yes please."

Guy scratches head, zones into music playing from kitchen radio. Grins. Looks around. "Yeah. cups. Cups cups cups cups. if I was a cup....sooooo, tea, huh?" Does little hand dance with other equally trashed staff member. Picks up plate. Passes it over.

"You want milk? Hmmmmm. Milk. Milk milk milk milk...."

It was like being in a slow motion movie where no-one knows the script.

I really hope it's like that again at Glasto, stonking!

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