News Pub Closures on the Increase in UK

Almost as many pubs closed across the UK in the first half of this year as all of 2022. From January to the end of June this year, 383 pubs closed in the UK, compared to 386 throughout all of 2022.

The increase in closures appears to be accelerating, with the average number of closures per month at 51 during the first three months of 2023, and then increasing in the second quarter to an average of 77 per month. The current trend would indicate the likelihood of at least 800 pubs closing by the end of the year.

The numbers were provided by the real estate analysts Altus Group based in Toronto, Canada.

Wales was the top region with a total of 52 pubs closing from January to June with London number two at 46 closures.

More on the story here.

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