Over 50 pubs closed in England and Wales each month during the first half of 2024, raising concerns about future closures due to potential tax increases. Experts warn that a 'double whammy' of property tax rises next year could force even more pubs to shut their doors for good.
England and Wales lost more than 50 pubs a month in the first half of 2024, new Government data shows. This comes as experts warn tax rises could see even more locations shut their doors for good come 2025.305 pubs closed in the first six months of this year, according to real estate intelligence firm Altus Group.This brought the total number of pubs closed, left vacant or being offered to let at 39,096.
"Read more: Streets left underwater in East of England as 'megastorm' brings deluge of rain leaving cars strandedA spokesperson for the British Beer and Pub Association said: "While we know that brewers and pubs pour billions into the economy, their massive contribution to society is priceless which is why any closure is devastating.
Pub Closures Tax Increases Hospitality Industry England Wales
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