Over 5000 pubs that shut before lockdown could stay closed forever

OVER 5000 pubs in the UK that shut before the latest lockdown could stay closed forever, according to industry experts.

The new data shows 30 percent had already stopped trading by the end of October in figures that cover the period before the current lockdown, however, they take into account the tiered system introduced by the government.

Analysts CGA and AlixPartners both estimate that 43 percent will not reopen and that figures could get even worse if lockdown restrictions continue past the proposed December date.

Karl Chessell of CGA said: “We are unlikely to see Britain’s licensed premises return to the levels seen in the summer, let alone pre-pandemic, for a long time.

“Financially robust companies should be able to sustain themselves through the lockdown, and the extension of the government’s furloughing scheme will undoubtedly save some businesses.

“But much more support is going to be needed to prevent a wave of permanent closures over the winter.”

Thank you for taking the time to read this news article “Over 5000 pubs that shut before lockdown could stay closed forever”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.

Euro Weekly News is delighted to continue be able to bring you a range of News from around Spain in English and Global News live as it happens.

Euro Weekly News doesn’t cost you anything but your internet connection. Whether it’s bringing you the local Spanish news or the International news today, we’ve got you covered!

Euro Weekly News, the leading free local and national newspaper in Spain, the people’s paper, we lead others follow!

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Matthew Roscoe

Originally from the UK, Matthew is based on the Costa Blanca and is a web reporter for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at [email protected]


    Leave a comment

    Your email address will not be published.