Number of pubs in England and Wales falls by 7,000 in a decade
According to Altus, 400 pubs in England Wales closed last year and some 200 shut in the first half of 2022 as inflation started to eat into their profits.
According to the research, the West Midlands saw the biggest number of pub closures in the first six months of 2022, with 28 shutting.Altus said that pubs which had "disappeared" from the communities they once served had either been demolished or converted for other purposes, meaning that they were "lost forever".
"It's essential that we receive relief to ease these pressures or we really do risk losing more pubs year on year."According to research from the BBPA, the British Institute of Innkeeping and UK Hospitality, only 37% of hospitality businesses are currently turning a profit.In the past week, pub bosses have also warned that summer rail strikes could hit their profits by further weakening consumer demand.
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