More than 30,000 pubs and restaurants to stay shut post-coronavirus
New poll suggests pandemic is final nail in coffin for many hospitality businesses
More than 30,000 UK pubs and restaurants will remain closed after the coronavirus lockdown is lifted, a new hospitality industry survey suggests.
The sector has been one of the hardest hit by the outbreak, with pubs throwing away beer and restaurants forced to shut their doors or transition into takeaways in order maintain an income.
And “experts predict a high proportion of restaurants won’t make it through to the other side of the Covid-19 crisis”, says The Telegraph.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Many were already “having a tough time” before the pandemic, with “about 2,800 bars and restaurants closed down in the 12 months before the lockdown began”, reports The Guardian.
“The 2.4% fall in the number of licensed premises in the year to the end of March was recorded by the CGA AlixPartners market recovery monitor, which now expects the decline to worsen once the hospitality sector begins to reopen at the start of July,” the newspaper continues.
The grim prediction comes after a third of hospitality business owners told CGA’s latest business confidence survey that they anticipated permanently closing sites.
Phil Tate, group chief executive at the research consultancy, said: “Industry estimates of the scale of closures vary widely, from below 10% to as high as 30% of total sites.”
A separate recent survey of British Beer and Pub Association members found that almost 19,000 out of the UK’s 47,000 boozers may not reopen.
Pubs and restaurants are among the so-called “higher-risk businesses and public places” that must remain closed until the beginning of July at the earliest, under the government’s latest guidance.
–––––––––––––––––––––––––––––––For a round-up of the most important stories from around the world - and a concise, refreshing and balanced take on the week’s news agenda - try The Week magazine. Start your trial subscription today –––––––––––––––––––––––––––––––
Casual Dining Group (CDG), owner of restaurant brands including Cafe Rouge, Bella Italia and Las Iguanas, this week announced that the company has filed a notice of intent to appoint administrators at the High Court, “putting the future of 6,000 workers in doubt”, reports the Daily Mirror.
A CDG spokesperson said: “This is an unprecedented situation for our industry and, like many other companies across the UK, the directors of Casual Dining Group are working closely with our advisers as we consider our next steps.”
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Why Man United finally lost patience with ten Hag
Talking Point After another loss United sacked ten Hag in hopes of success in the Champion's League
By The Week UK Published
-
Who are the markets backing in the US election?
Talking Point Speculators are piling in on the Trump trade. A Harris victory would come as a surprise
By The Week UK Published
-
Crossword: November 3, 2024
The Week's daily crossword
By The Week Staff Published
-
Why are America's restaurant chains going bankrupt?
Today's Big Question Red Lobster was the first. TGI Fridays might be next.
By Joel Mathis, The Week US Published
-
It's not your imagination — restaurant reservations are becoming harder to get
In the Spotlight Bots, scalpers and even credit card companies are making reservations a rare commodity
By Justin Klawans, The Week US Published
-
'Brain drain' fear as record numbers leave New Zealand
Under The Radar Neighbouring Australia is luring young workers with prospect of better jobs
By Chas Newkey-Burden, The Week UK Published
-
Ghost kitchens are pulling a disappearing act
under the radar The delivery-only trend is failing to live up to the hype built up during the pandemic
By Theara Coleman, The Week US Published
-
Is this the end of the big night out?
Talking Point Bar closures and Gen Z teetotallers threaten 'extinction' for 'messy nights on the town'
By Chas Newkey-Burden, The Week UK Published
-
The birth of the weekend: how workers won two days off
The Explainer Since the 1960s, there has been talk of a four-day-week, and post-pandemic work patterns have strengthened those calls
By Chas Newkey-Burden, The Week UK Published
-
Why household wealth took off during the pandemic
Under The Radar The Covid-19 pandemic caused a lot of pain and hardship, but new research shows it also left most Americans wealthier
By Justin Klawans, The Week US Published
-
Empty office buildings are blank slates to improve cities
Speed Read The pandemic kept people home and now city buildings are vacant
By Devika Rao Published