In 2024, the British Beer and Pub Association reported the closure of six pubs, resulting in approximately 4,500 job losses, citing these closures as "completely avoidable." The association highlighted that while consumer demand remains strong, high costs from borrowing, energy bills, and increased National Insurance and minimum wage pressures are severely impacting profitability. Chief executive Emma McClarkin emphasized the need for government intervention to reform business rates and ease employment costs in order to sustain local pubs and the jobs they provide, supporting Britain's economy.
The scale of these closures is completely avoidable because pubs are doing a brisk trade. Consumer demand is there, however, profits are being wiped out with sky high bills and pubs are facing yet more rates and costs come April.
We’re right behind Labour's mission to supercharge growth and can deliver this economic boost across the UK, but only if it is easier for pubs to keep their doors open.
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