Thousands of British pubs facing financial ruin – media ...News

High energy costs have been blamed for “staggering” closure rates since last year Thousands of pubs in the UK may be forced to shut down this year due to soaring gas prices, the Daily Mail has reported. More than 1,000 pubs closed in the UK in 2022, including 485 in the first six months of the year and another 554 between July and December – “a staggering rate of 21 per week,” the Mail reported on Sunday, citing figures from consumer organization the Campaign for Real Ale (CAMRA). The British pub industry was hit hard by Covid-related restrictions in 2020 and 2021. Last year saw gas prices skyrocket amid the econo

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