The rate of pubs shutting down is accelerating at a faster rate than immediately after the end of COVID-19 lockdowns, according to new figures.
Government data indicate a significant surge in pub closures, with 51 shutting down each month during the first financial quarter of 2023.
In 2022, after the UK emerged from COVID-19 lockdowns, 32 pubs were lost on average each month, with 386 pubs closing in total.
The data released on Tuesday by the commercial real estate intelligence firm Altus Group, found that the overall number of pubs in England and Wales dropped even more at the end of the first quarter of this year….