Up to 37 pubs closing every month


Up to 37 pubs closing every month

Property experts Altus Group has revealed that 37 pubs were lost permanently each month last year. Research showed there were 40,617 pubs liable for business rates at the end of December - a fall of 446. Despite the impact of Covid, the reduction was lower than the 473 in 2019. However, the figures do not include pubs that are standing empty with little hope of ever reopening. Robert Hayton, at Altus Group, said: “Pubs and restaurants bore the brunt of coronavirus restrictions but proved remarkably resilient aided by Government interventions such as furlough, grants, rates relief and cheap loans.”


Read more: Daily Mirror

 

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