Rise in pubs closing permanently due to energy costs

pint of beer

More than 150 pubs have closed permanently across England and Wales over the first three months of 2023, according to new figures.

The rate of pubs being redeveloped for other purposes has increased by almost 60%, to 153, in the first three months of 2023 – in response to high energy costs, rising food prices and a cost of living crisis.

Responding to the figures, Emma McClarkin Chief Executive of the British Beer and Pub Association, said:

Energy bills are decimating our sector with extortionate costs wiping out profits and closing pubs at a faster rate than the pandemic. Pubs that were profitable and thriving before the energy crisis are being left with no option but to shut up shop. We have been raising the alarm for months that energy costs are posing an existential threat to pubs across the country and these figures are evidence of that.

It is essential that the government intervenes to ensure energy suppliers are offering the option of renegotiation to pubs locked into unmanageably high energy contracts. Make no mistake, the longer this goes on the more pubs will be lost forever in communities across the country, something must be done immediately to save them.