Egil Johansen, the owner of The Kenton Pub, emphasized, "Our next rent review is in five years, and if it increases by the same amount, that will definitely be the end for us." He detailed the tough environment for pubs, citing rising utility costs leading to their kitchen closure and heightened mortgage interest rates.
Alison Boutoille, founder of CityStack, stated, "While big chains may be well equipped to weather the current economic situation, it's much harder for independent businesses to keep themselves afloat, which is why we created this initiative." This highlights the financial struggles faced by independent pubs compared to larger chains.
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