Pub’s decline rate: 52 a week

London’s The Times is reporting that there are 52 pubs being closed every week in the UK, equivalent to about 461 jobs lost within the same time frame.  Within the past year, more than 24,000 jobs have been lost due to the recession which has hit both local and high end pubs hard as people choose the cheaper alternative of drinking at home.

From the Times:

Almost 2,400 pubs and bars have vanished from villages and towns in the past 12 months, according to research for the British Beer & Pub Association (BBPA). Local pubs serving small communities have been the worst hit, the association said.

The number of closures represents the steepest rate of decline since records began in 1990 and has risen by a third compared with the same period last year, when 36 pubs were closing every week.

More HERE.

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