LAST ORDERS AT THE BAR? BRITISH PUBS FACE CLOSURES AS COST PRESSURES RISE
https://image.cnbcfm.com/api/v1/image/108192841-1756735279813-gettyimages-2173566898-240925_closed_pubs_44.jpeg?v=1756735318&w=1920&h=1080
✍️ The British pub industry is facing a crisis, with 378 pubs expected to close in 2025, resulting in over 5,600 job losses, due to rising costs and reduced consumer spending.
👉 378 pubs expected to close in 2025 👉 Over 5,600 direct job losses 👉 Rising costs, including minimum wage increases, National Insurance contributions, and business rates 👉 Pub owners passing on costs to consumers, leading to higher prices 👉 Industry calling for urgent action to cut business rates and VAT
-- #TimSkinner #CharlieHall #MickHoward #London #England #Wales #Scotland #BondStreet #Mayfair #business
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