Chancellors budget could see 'pubs close' ending 'the beating heart of a community' - London Business News | Londonlovesbusiness.com
Briefly

The hospitality sector is facing a 'cost of doing business crisis' and the British Beer and Pub Association (BBPA) warned, 'The industry simply cannot afford other costs, let alone tax increases.' This situation compounds the existing pressures many pubs and brewers are experiencing, complicating their ability to survive in a challenging economy.
'Put plainly, for thousands of pubs and brewers across the country there is nothing left to give. The cost of this will be borne by brewers and pubs initially but... ultimately it is the customer who will have to foot the bill.' This statement underscores the direct impact of tax increases on consumers, indicating a shift in financial burden.
Youngs, Greene King, Wetherspoons and Heineken UK signed a letter detailing a five point plan, they wrote, 'If that plan is not delivered, we will see pubs close and the end of the affordable pint.' Such a closure would have ramifications for community engagement and local economies.
'When a pub struggles to survive, it cannot continue to be the beating heart of a community, keep employing staff, or contribute to economic growth.' This highlights the integral role pubs play in local communities and the potential social cost of financial distress in the sector.
Read at London Business News | Londonlovesbusiness.com
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