{"id":608097,"date":"2026-05-28T07:58:09","date_gmt":"2026-05-28T07:58:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/608097\/"},"modified":"2026-05-28T07:58:09","modified_gmt":"2026-05-28T07:58:09","slug":"the-5-coffee-that-tells-a-story-of-global-economic-turmoil","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/608097\/","title":{"rendered":"The \u00a35 coffee that tells a story of global economic turmoil"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><a href=\"https:\/\/www.bbc.co.uk\/sounds\/play\/p0nnmbnr\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">Listen to Faisal read this story.<\/a><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It&#8217;s 9am at Kew Bridge in west London, and tourists, runners and dog walkers are queuing up at the Dear Coco vintage Italian coffee cart.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It is high-grade coffee made from the arabica bean, brewed in an expensive La Marzocco machine &#8211; and the price shows that, at \u00a34.50 for an iced latte, \u00a34.10 for a 10 oz latte, and \u00a33.90 for a 6 oz flat white.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It&#8217;s a price tag that would have once looked strikingly high, but across much of the UK the \u00a34 threshold is well broken, including in chains that do not use the highest-grade beans. A large coffee in central London, served with an alternative milk like soy or almond, is now closer to the \u00a35 mark.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier this month in the US, Starbucks CEO Brian Niccol came under fire for suggesting a &#8220;$9 [\u00a36.68] experience&#8221; at one of his outlets was a &#8220;really affordable premium experience&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The man working at the cart in Kew doesn&#8217;t agree. He is relatively lucky; carts pay street trading fees rather than soaring rents and business rates. But still, he is squeezed. &#8220;We feel super strongly about keeping the price of a flat white under \u00a34 for as long as possible,&#8221; Anthony Duckworth tells me, as rowing boats glide past. &#8220;But it&#8217;s becoming increasingly difficult, because every part of the supply chain has become more expensive. We think there&#8217;s a really important psychological threshold around that four pound mark.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Coffee is not just a morning ritual, repeated worldwide: in fact, it&#8217;s an insight into the modern global economy. The latte sheds light on everything from commodity inflation to trade chaos; from geopolitical strife and climate change to Gen Z cultural tastes. It teaches us about rampant new demand from the Chinese middle class, and the long-hanging economic effects of the Vietnam War.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It&#8217;s all there, in every frothy cuppa.<\/p>\n","protected":false},"excerpt":{"rendered":"Listen to Faisal read this story. It&#8217;s 9am at Kew Bridge in west London, and tourists, runners and&hellip;\n","protected":false},"author":2,"featured_media":608098,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-608097","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/608097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=608097"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/608097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/608098"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=608097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=608097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=608097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}