In 2002, there were 53,900 pubs in the UK. Twenty years later, it is reported that the number of pubs has reduced by over 25% (down to 39,970). It begs the question, where have all the pubs gone?
Across the country, it is no secret that the hospitality and leisure sector has had an incredibly difficult time over the past few years. First, with the Covid-19 pandemic forcing customers away from hospitality venues and now, with the cost of living and energy crisis' squeezing customers' disposable income each month, businesses in the sector are, once again, having to prepare for troubling times for the remainder of 2022 and into the new year.