Connect with us

Business UK

UK pubs facing a SURGE in closures | GB News’ Liam Halligan analyses the latest figures

Published

on



The hospitality industry has been warned of another fatal “nail in the coffin” that threatens the future of pubs in the UK.

Rising costs and bills have crippled pubs across the country, forcing many to close.

GB News’ Economics and Business Editor, Liam Halligan, shared a bleak outlook for pubs across the country, citing utility bills, beer prices, and premises being sold for re-development, as key contributors to a 60 per cent surge.

Speaking to Mark Longhurst he said: “Between January and March this year there were 153 pub closures, or 51 a month.

“Now if you compare that with last year, but all of last year, January to December, there were 386. So that’s just 32 pub closures a month. I say just because that’s pretty eye-watering, but we’re now up to 51 pub closures a month.

“Utility bills, now this government support for almost all businesses has disappeared from the beginning of this month.

“A survey of pub landlords say they expect their utilities bills to go up by an absolutely whopping 82 per cent. That’s about £18,500 a year for the average pub, a huge cost.

“Beer prices are also up that the breweries charge the publicans by 10 to 13 per cent. Landlords don’t always want to pass that cost on, of course, because punters won’t pay it because it’s such a huge increase.”

Keep up to date with the latest news at https://www.gbnews.com

Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline

Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.

https://www.gbnews.com/watch/how-to-watch

source

Business UK

“GROW A PAIR!” – Sir Michael Ellis LAUNCHES SCATHING ATTACK on Burnham’s EARLY RELEASE SCHEME

Published

on

By



“Grow a pair!”

Watch as Sir Michael Ellis launches a scathing attack on Andy Burnham and the Government as he joins Dewbs & Co to dissect the ongoing controversy surrounding the early release prison scheme.

Burnham has since delayed the scheme from September to October.

#Prison #UKNews #EarlyRelease #Burnham #GBNews

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

source

Continue Reading

Business UK

Patrick Christys REACTS as the TORIES PLEDGE to EVICT foreign nationals from COUNCIL HOUSES

Published

on

By



‘This problem will get worse!’

Patrick Christys reacts as the Conservatives pledge to evict foreign nationals from council houses and ban them from accessing new ones.

#UKPolitics #Conservatives #Foreign #CouncilHouse #GBNews

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

source

Continue Reading

Business UK

Nigel Farage pledges to deport foreign criminals

Published

on

By



Nigel Farage has unveiled plans to deport foreign criminals to Kosovo and El Salvador should the party win the next General …

source

Continue Reading

Business UK

Jacob Rees-Mogg’s State Of The Nation | Tuesday 11th August

Published

on

By



Join Jacob for his unique and unmissable take on the day’s news.

Keep up to date with the latest news at https://www.gbnews.com

Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline

Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.

https://www.gbnews.com/watch/how-to-watch

source

Continue Reading

Business UK

Carrie Johnson: Rebecca Jane responds to argument that criticism of PM’s wife if sexist

Published

on

By



‘This is not about sexism, this is about someone who has not been elected into the position that she is’ Edwina Currie, Rebecca …

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.