Pub Closures Slow to 25 a week

16/03/2011

The British Beer and Pub Association (BBPA) has published a report claiming that pub closures are slowing to 25 a week, from 40.

However, this means that 13,000 pubs closed last year with each employing around 10 people. And the situation is worst in London and the North West, although the whole of the country has been affected.

And the difficult trading conditions for pubs will be further exacerbated by the biggest ever tax hike in a single year if the duty escalator of 7% was imposed, which comes on top of January’s 2.5% rise in VAT.

“The closure of 25 pubs per week is bad news for the economy, as the sector plays such a vital role,” said chief executive Brigid Simmonds.

“It’s also a blow for local communities, with pubs often acting as the hub of local life. With the right policies, this vital part of our tourism and hospitality sector could be creating new jobs, and helping to bring Britain out of recession. If we really do have a pub-friendly Government as the Prime Minister says, the time to act is now.”

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