Economy update: Pub and restaurant closures ramp up as UK losing three site a day
4 Articles
4 Articles
Economy update: Pub and restaurant closures ramp up as UK losing three site a day
The UK is losing three pubs and restaurants every day on average as the US-Iran war pushes up costs for hospitality businesses, shocking new analysis has found.A new report from consumer intelligence firm NIQ suggests the British economy has seen more than 350 sites shut down for good in the first three months of 2026This comes to an average of 3.4 closures daily, and comes as businesses are already reporting their difficulty in navigating recen…
Three licensed venues a day are going dark as Britain's hospitality sector buckles
More than 300 pubs, bars and restaurants have served their last pint and plated their last cover since the start of the year, as Britain’s licensed trade groans under the combined weight of higher wage bills, stubborn energy costs and customers who are quietly drinking and dining at home. Fresh analysis from CGA by NIQ, the market research group, shows the number of licensed premises across the UK slipped to 98,609 by the end of March, a net los…
Three a Day: Local Pubs and Restaurants Close at Alarming Rate as Costs Bite – NATIONAL NEWS
Pubs and restaurants across the country are shutting their doors at an accelerating pace, as rising costs and weakening demand place mounting pressure on one of Britain’s most important local industries. New figures show that more than three venues a day are closing nationwide, with over 350 sites lost in the first three months of the year alone. That follows a further 382 closures at the end of last year, leaving fewer than 100,000 licensed pre…
Cost Crunch and Reduced Spending Claims More Than 300 Venues in a Single Quarter - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants
Share Post Share Email Britain’s pubs, bars and restaurants are continuing to close at an alarming pace, with new figures showing more than three licensed venues disappearing every day as operators battle rising costs and subdued consumer spending. The latest Hospitality Market Monitor from NIQ, using data compiled by CGA by NIQ, reveals that the total number of licensed premises fell by 0.3% during the first q…
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