Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Economy

New Report Urges Action from Ministers to Save Local Pubs and Their Vital Socio-Economic Impact

by
September 22, 2024
in Economy, Investing
0
New Report Urges Action from Ministers to Save Local Pubs and Their Vital Socio-Economic Impact
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Local pubs play a crucial role in the social and economic fabric of our communities. This is the key finding of a follow-up report by think-tank Localis, entitled ‘Inn-Valuable 2: unlocking the socio-economic potential of our nation’s pubs’, which was released today at the Labour Party Conference in Liverpool.

The report highlights the significant contribution of the beer and pub sector to the UK economy, with an annual contribution of £34.3 billion and support for over one million jobs. The report also emphasizes the importance of pubs in promoting community cohesion, providing spaces for social interaction, and combating isolation.

According to a YouGov poll conducted for the report, a vast majority of British adults (72%) believe that pubs have a positive impact on their communities. Additionally, 81% of respondents agreed that pubs are important in bringing people together.

However, the report also outlines the policy challenges faced by the pub sector, including tax, regulatory, and planning obstacles. It calls for the government to launch a taskforce to address these challenges and ensure the long-term sustainability of the sector.

The report’s authors urge the government to provide short-term support by extending business rates relief for hospitality and increasing the window for this relief to three years. They also call for a review of business rates and excise duty, along with employment incentives to support pub landlords in employing younger staff members.

The report also recommends examining planning policies to support the night-time economy and preserve the role of local pubs as social, cultural, and economic anchors in towns and villages.

Joe Fyans, head of research at Localis, emphasized the importance of recognizing the value of pubs and supporting their continued success. “Pubs are more than just businesses; they are the heart and soul of our communities,” he said.

Emma McClarkin, chief executive of the British Beer and Pub Association, echoed these sentiments, stating that “pubs aren’t just about a pint” and highlighting their role in combating loneliness, supporting vulnerable groups, and raising money for charity.

The report includes polling data from YouGov, which shows that among those who have visited a pub in the last three months, more than half (53%) have met a friend, and nearly two-in-five (38%) have met with family. The poll also found that 73% of British adults believe that pubs help combat loneliness in their local area.

The report concludes with a set of policy recommendations, including calls for a taskforce to review business rates and excise duty, provide employment incentives, and examine planning policies. It also urges the government to extend business rates relief for the hospitality sector and freeze beer duty for another year.

The full report and polling data can be found on the Localis website.

ShareTweetPin

Related Posts

Tech Weekly: CES Announcements Reignite Memory Shortage Concerns
Investing

Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

January 11, 2026
Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain
Investing

Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain

January 10, 2026
Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026
Investing

Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026

January 10, 2026
Yvonne Blaszczyk: Gold Still Far from “Ultimate High,” US$5,000 is Next
Investing

Yvonne Blaszczyk: Gold Still Far from “Ultimate High,” US$5,000 is Next

January 9, 2026
Yvonne Blaszczyk: Gold Still Far from “Ultimate High,” US$5,000 is Next
Investing

Yvonne Blaszczyk: Gold Still Far from “Ultimate High,” US$5,000 is Next

January 9, 2026
Prismo Metals to Increase Hot Breccia Interest to 95%, Secures Option for Full Control
Investing

Prismo Metals to Increase Hot Breccia Interest to 95%, Secures Option for Full Control

January 9, 2026
Next Post

RLC Residences shines at DOT Property Philippines Awards 2024, takes home country’s Best Developer recognition

Recommended

Matthew Wolf (Switzerland): India’s Growing Mobile Data Landscape

Matthew Wolf (Switzerland): India’s Growing Mobile Data Landscape

September 26, 2024
JAZA earns spot in Leaders50 list

JAZA earns spot in Leaders50 list

November 28, 2024
Peso volatility vs dollar likely to continue in 2025

Peso volatility vs dollar likely to continue in 2025

December 29, 2024
Another epic adaptation hits the stage

Another epic adaptation hits the stage

October 15, 2024
Four million pensioners face council tax hike as single-person discount under threat

Four million pensioners face council tax hike as single-person discount under threat

September 7, 2024
VRIC 2025: Experts Tout Hard Assets, Energy as Sure Bets Amid Uncertainty

VRIC 2025: Experts Tout Hard Assets, Energy as Sure Bets Amid Uncertainty

January 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    January 11, 2026
    Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain

    Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain

    January 10, 2026
    Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026

    Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026

    January 10, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved