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 Top News

Pub closures top 400 in England and Wales as total dips below 39,000

by
December 30, 2024
in Top News
0
Pub closures top 400 in England and Wales as total dips below 39,000
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

More than 400 pubs in England and Wales have either shut down or been repurposed over the past year, taking the total number below 39,000 for the first time.

Commercial real estate firm Altus Group says 412 public houses were demolished or converted for alternative use in 2024, leaving only 38,989 in operation.

The UK’s brewing and hospitality sectors have long warned of mounting costs, including changes to the alcohol duty system and higher energy bills. Businesses also face further challenges in 2025, when employer national insurance contributions will rise, the National Living Wage is set to increase, and the discount on business rates will be reduced from 75% to 40%.

Alex Probyn, UK president of property tax at Altus Group, says: “Many publicans I speak to are extremely worried that this could be their last Christmas. Costs for employers are going up just as rates relief is being scaled back, so maintaining profitability is increasingly difficult.”

The leisure industry suffered a heavy blow during the Covid-19 pandemic, highlighted by a rapid decline in nightclubs, which fell from 1,700 a decade ago to just 787 by June 2024.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Exploring the Curry Craze: The Rise of British Indian Restaurants in 2024, from Corner Curry Shops to the Elite Top 100 List

Exploring the Curry Craze: The Rise of British Indian Restaurants in 2024, from Corner Curry Shops to the Elite Top 100 List

Recommended

The importance of grants to small museums, galleries

The importance of grants to small museums, galleries

August 6, 2024
Falling oil prices to ease inflation pressure in Philippines

Falling oil prices to ease inflation pressure in Philippines

September 23, 2024
Malixi shares third place at Aussie Master of Amateurs

Malixi shares third place at Aussie Master of Amateurs

January 5, 2025
Should I Buy a Car on Finance or With Cash?

Should I Buy a Car on Finance or With Cash?

December 2, 2024

Xanadu Agri touts improved yields with its liquid fertilizer

September 25, 2024
Tech 5: OpenAI Restructures, Apple Pursues AI Search, Constellation Shares Jump

Tech 5: OpenAI Restructures, Apple Pursues AI Search, Constellation Shares Jump

May 11, 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.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

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

    Copyright © 2024 investdailypro.com | All Rights Reserved