In the News
Economies of Ale - Changes to the UK Pub Industry
27th November 2018
More than 11,000 pubs have closed in the UK in the last decade – a fall of almost a quarter. Many smaller pubs have closed as the industry has consolidated towards the larger-scale chains. The ONS has published a detailed statistical report on the UK pub sector - well worth a read from a business economics perspective. Although the number of pubs is down, employment in the industry has grown.
See also:
BBC news (August 2018): Pubs closing at rate of 18 a week as people stay at home
Guardian (November 2018): More than 25% of UK pubs have closed since 2001
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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