Pubs vanishing at rate of two every day, as closures surge 50%
1 year, 6 months ago

Pubs vanishing at rate of two every day, as closures surge 50%

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Pubs are shutting down at a rate of two every day across England and Wales, as the number of closures surged by 50 per cent in three months, stark new figures show. Alex Probyn, president of property tax at Altus Group, which calculated the rate of closures to be equivalent to two every day, urged Chancellor Jeremy Hunt to act in his autumn statement in November to ease the pressure of significant business rates on the sector. Business rates hike is ‘last thing pubs need’ This is expected to add more than 6 per cent to bills next year. “With energy costs up 80 per cent year-on-year in a low growth, high inflation and high-interest rates environment, the last thing pubs need is an average business rates hike of £12,385 next year,” said Mr Probyn.

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History of this topic

Revealed: The shocking number of pubs that closed for good last year
1 month ago

Revealed: The shocking number of pubs that closed for good last year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The British pub industry is facing a crisis, with around …

Nightclubs warn Budget tax hikes could drive venues to ‘brink of closure’
2 months, 2 weeks ago

Nightclubs warn Budget tax hikes could drive venues to ‘brink of closure’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK nightclub sector has …

Number of pubs in England and Wales hits record low
2 months, 3 weeks ago

Number of pubs in England and Wales hits record low

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of pubs in England and Wales has hit …

More than 400 pubs shut doors for good as cost pressures rise
2 months, 3 weeks ago

More than 400 pubs shut doors for good as cost pressures rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of pubs in …

Last orders for the pub? More than 50 boozers a month are lost in England and Wales... to be converted into housing blocks, offices and nurseries
6 months ago

Last orders for the pub? More than 50 boozers a month are lost in England and Wales... to be converted into housing blocks, offices and nurseries

Daily Mail  

Has YOUR local pub shut down this year? The Blue Eyed Maid in Borough is among the London pubs to have closed in recent years PUB CLOSURES ACROSS ENGLAND AND WALES SO FAR THIS YEAR BY REGION REGION END OF DECEMBER 2023 END OF JUNE 2024 DIFFERENCE East 3,696 3672 24 East Midlands 3,543 3506 37 London 3,525 3500 25 …

Last orders: 80 pubs shut for good each month, says new data
9 months ago

Last orders: 80 pubs shut for good each month, says new data

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of pubs disappearing from communities across England and …

Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face
1 year, 2 months ago

Thousands of restaurants and pubs closing across UK blame soaring bills among pressures they face

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, he said, …

Well-known nightclub chain announces closure of eight bars
1 year, 2 months ago

Well-known nightclub chain announces closure of eight bars

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A chain of bars has decided to close eight sites …

Pub closures will increase tenfold without business rates relief, warns Fuller’s boss
1 year, 5 months ago

Pub closures will increase tenfold without business rates relief, warns Fuller’s boss

The Telegraph  

Despite stubborn inflationary pressures and the prospect of soaring tax bills, he said he believes pubs have an “innate, incredible ability to evolve and survive”, regardless. Mr Emeny added: “If you look at what’s happened in the last 20 years, we had the global financial crisis, the smoking ban, enormous discrepancy between prices and prices.” He accused the Tories of …

UK pubs and restaurants plead for government action on energy as bills soar 81%
1 year, 9 months ago

UK pubs and restaurants plead for government action on energy as bills soar 81%

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Last month, analysis of official government data by the commercial real estate specialist Altus …

Pub firm closures up 180% as costs soar and punters stay home
2 years, 1 month ago

Pub firm closures up 180% as costs soar and punters stay home

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Insolvencies rose from 280 in …

Pubs and restaurants could cut opening hours to survive ‘perfect storm’ this year
2 years, 2 months ago

Pubs and restaurants could cut opening hours to survive ‘perfect storm’ this year

The Independent  

Pubs and restaurants are being forced to consider reducing opening hours to weather a “perfect storm” of soaring bills and cash-strapped customers cutting their spending this year. UKHospitality chief executive Kate Nicholls said: “Hospitality businesses are facing an ever-growing list of challenges, whether that is soaring energy costs, continued staffing challenges, dampening consumer confidence, or the ongoing impact of rail …

Many pubs and breweries will close without further energy help, report says
2 years, 3 months ago

Many pubs and breweries will close without further energy help, report says

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The report showed …

Warning that 7 in 10 pubs face closure as businesses left in dark over energy bills
2 years, 6 months ago

Warning that 7 in 10 pubs face closure as businesses left in dark over energy bills

The Independent  

Seven out of 10 pubs are likely to close this winter because of rocketing energy bills without an urgent rescue package, ministers have been warned. Unlike households, business energy bills have not been frozen until 2024 and they have been given only a vague promise of 6 months of “equivalent” relief, as many contracts come up for renewal. And we …

Britain’s pubs confront a bleak winter as energy costs spiral
2 years, 6 months ago

Britain’s pubs confront a bleak winter as energy costs spiral

The Telegraph  

For Craig and Darina Currie, it has been an emotional few days. “It's a strange feeling, but they say all good things come to an end,” the pair wrote to customers of their pub, The Park, in Great Harwood, near Blackburn, late last week. “This is not the case that it’s the weakest being weeded out.” Instead, she says, “there …

Energy crisis: UK pubs could close as prices surge
2 years, 6 months ago

Energy crisis: UK pubs could close as prices surge

CNN  

London CNN Business — First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive the collapse in business. “Hikes can now be upwards of 300% on pre-pandemic energy bills, with the current average increase around 150% across the beer and pub sector, putting jobs and businesses at risk.” Nick Mackenzie, …

Pubs and breweries warn of mass closures as energy bills leap 300%
2 years, 6 months ago

Pubs and breweries warn of mass closures as energy bills leap 300%

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. We could face the prospect of pubs being unable to pay their bills, jobs …

What can be done about the decline in pub numbers?
2 years, 8 months ago

What can be done about the decline in pub numbers?

The Independent  

The number of pubs in England and Wales has hit its lowest on record, according to new analysis that lays bare the impact of the Covid-19 pandemic on the sector – and more recently, the burden of rising energy costs. However, the latest analysis – undertaken by real estate consultancy Altus Group – says that the number of pubs across …

Pubs in England and Wales drop below 40,000 for first time on record
2 years, 8 months ago

Pubs in England and Wales drop below 40,000 for first time on record

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Altus Group’s UK president Robert Hayton said: “Whilst pubs …

Changing rules for pubs causing major economic damage, says Wetherspoon boss
3 years, 3 months ago

Changing rules for pubs causing major economic damage, says Wetherspoon boss

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of pub giant Wetherspoon has accused the Government …

Britain lost over 1,000 pubs, restaurants and nightclubs after lockdown lifted, report finds
3 years, 5 months ago

Britain lost over 1,000 pubs, restaurants and nightclubs after lockdown lifted, report finds

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Business rates ‘should be revalued every year’
3 years, 7 months ago

Business rates ‘should be revalued every year’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK property sector has …

Give us a week: Businesses urge clarity on England lockdown
4 years, 4 months ago

Give us a week: Businesses urge clarity on England lockdown

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Business leaders urged the British …

Pubs welcome prospective reduction in two-metre social-distancing rule as ‘a phenomenal move’ towards reopening sector
4 years, 9 months ago

Pubs welcome prospective reduction in two-metre social-distancing rule as ‘a phenomenal move’ towards reopening sector

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. An easing of the social-distancing guideline would be “a …

UK lockdown: Boris Johnson says hospitality industry may partially re-open in July
4 years, 10 months ago

UK lockdown: Boris Johnson says hospitality industry may partially re-open in July

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Some parts of the hospitality industry could re-open in July, …

Coronavirus: Pubs, bars and restaurants shut down across UK
5 years ago

Coronavirus: Pubs, bars and restaurants shut down across UK

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. However some people were determined to get “one last pint” before last orders at …

Nearly 1,000 British pubs have vanished in a year
5 years, 11 months ago

Nearly 1,000 British pubs have vanished in a year

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Almost 1,000 pubs vanished from communities in Britain last year, …

Almost one in four pubs have closed down since the financial crisis
6 years, 3 months ago

Almost one in four pubs have closed down since the financial crisis

Daily Mail  

More than 10,000 pubs have shut down over the past 10 years, with small local pubs the worst affected as they bear the brunt of rising beer duty and business rates. That means that almost one in four pubs in the UK have closed down since 2008, with cities like Birmingham and Manchester having witnessed some of the highest number …

Irish pubs make £35m after opening on Good Friday for the first time
6 years, 11 months ago

Irish pubs make £35m after opening on Good Friday for the first time

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Pubs staying open on Good …

Greene King warns of tough pub market after half-year profit fall
7 years, 3 months ago

Greene King warns of tough pub market after half-year profit fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Pub group Greene King has …

Middle Class Problems: Why can't pubs cope with the Sunday lunch rush?
9 years, 4 months ago

Middle Class Problems: Why can't pubs cope with the Sunday lunch rush?

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Yet twice recently I have fallen …

Pressure on Bank of England eases
13 years, 8 months ago

Pressure on Bank of England eases

The Independent  

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Struggling retailers closing 20 shops a day
13 years, 8 months ago

Struggling retailers closing 20 shops a day

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Retailers are closing an average …

Tie between pub companies and landlords should be loosened, says committee
15 years, 10 months ago

Tie between pub companies and landlords should be loosened, says committee

The Independent  

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