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The Markets
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The Markets
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Food & drink

Another 2,000 pubs at risk as sector faces 'make-or-break moment'

Two thousand of the nation’s much-loved pubs are facing last orders, the British Beer and Pub Association (BBPA) has warned as it calls on the government to extend a lifeline to the sector.

The stark message came as the BBPA cited research from Oxford Economics which estimates on-trade beer sales will decline by 9% in 2023/4, meaning 288mln fewer pints being poured and 25,000 potential job losses in pubs and the wider industry.

The BBPA called on the government to use the Spring Budget to “deliver a plan for sustainable growth with fair, modernised tax rates and a focus on skills and training needed to ensure pubs and breweries can thrive”.

It asked chancellor Jeremy Hunt to freeze duty rates, implement a significant increase in the discount for draft beer sold in pubs and introduce the previously announced reduced rate for lower-strength beers from 1 August.

The BBPA also highlighted the ongoing challenges faced by the industry from ongoing soaring energy costs.

Chief executive of the BBPA, Emma McClarkin, described the situation as “a make-or-break moment to save our locals and breweries”.

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