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
16
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

Byron King: Gold, Silver, Oil/Gas — Stock Ideas and Strategy Now
Investing

Byron King: Gold, Silver, Oil/Gas — Stock Ideas and Strategy Now

March 10, 2026
Allied Critical Metals Further Highlights Rapid Payback, Capital Efficiency and Infrastructure from Borralha PEA
Investing

Allied Critical Metals Further Highlights Rapid Payback, Capital Efficiency and Infrastructure from Borralha PEA

March 10, 2026
Valeura Energy Inc. Announces Manora Drilling Exceeds Management’s Expectations
Investing

Valeura Energy Inc. Announces Manora Drilling Exceeds Management’s Expectations

March 9, 2026
Valeura Energy Inc. – Thailand Clarifies Fuel Security Measures
Investing

Valeura Energy Inc. – Thailand Clarifies Fuel Security Measures

March 9, 2026
Adrian Day: Gold Dips Bought Quickly, Price Run Not Over Yet
Investing

Adrian Day: Gold Dips Bought Quickly, Price Run Not Over Yet

March 7, 2026
Top 5 Canadian Mining Stocks This Week: Adex Mining Extends Gains with 100 Percent Jump
Investing

Top 5 Canadian Mining Stocks This Week: Adex Mining Extends Gains with 100 Percent Jump

March 7, 2026
Next Post

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

Recommended

Navigate Market Shifts Like a Pro: Utilize This Key Indicator Effectively

Navigate Market Shifts Like a Pro: Utilize This Key Indicator Effectively

April 26, 2025
Government plans £100m annual levy on gambling firms to tackle harms

Government plans £100m annual levy on gambling firms to tackle harms

November 26, 2024
Pineapple exports to grow 16% in 2024 — FAO

Pineapple exports to grow 16% in 2024 — FAO

December 30, 2024
Oil and Gas Price Update: Q1 2025 in Review

Oil and Gas Price Update: Q1 2025 in Review

April 24, 2025
Pound hits 20-month high against Euro as ECB rate cuts loom

Pound hits 20-month high against Euro as ECB rate cuts loom

December 11, 2024
San Miguel eyes partnership for Caticlan resort project

San Miguel eyes partnership for Caticlan resort project

September 12, 2024

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Byron King: Gold, Silver, Oil/Gas — Stock Ideas and Strategy Now

    Byron King: Gold, Silver, Oil/Gas — Stock Ideas and Strategy Now

    March 10, 2026
    Allied Critical Metals Further Highlights Rapid Payback, Capital Efficiency and Infrastructure from Borralha PEA

    Allied Critical Metals Further Highlights Rapid Payback, Capital Efficiency and Infrastructure from Borralha PEA

    March 10, 2026
    Valeura Energy Inc. Announces Manora Drilling Exceeds Management’s Expectations

    Valeura Energy Inc. Announces Manora Drilling Exceeds Management’s Expectations

    March 9, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

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

    Copyright © 2026 investdailypro.com | All Rights Reserved