British pub numbers sink to record low

British pub numbers sink to record low

LONDON, (Reuters) - The number of pubs operating in England and Wales is the lowest on record, research showed, as surging energy costs combine with a shortage of workers to threaten the future of a much-loved British institution. British inflation is hovering at 40-year highs, spurred by roaring post-pandemic demand for goods and services and more recently, the Ukraine crisis, pushing up fuel and energy bills. There were 39,973 English and Welsh pubs at the end of June, 200 fewer than were open at the end of last year, real estate adviser Altus Group said, citing an analysis of UK tax authority…
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