BusinessBusiness RecoveryOne in ten pubs to cease trading by 2011

One in ten pubs to cease trading by 2011

PwC predicts bleak future for pub industry due to ban on smoking

Twelve per cent of pubs across the UK
will cease trading in the next four years as the effects of the nationwide
smoking ban takes hold, according to
forecasts
by PwC.

Stephen Broome, licensed sector industry specialist at PwC, said the firm
expected 5,000 venues out of some 58,000 licensed pubs, bars and nightclubs to
close for business by 2011.

This works out to a rate of roughly 20 a week.

Further reading:

More hotels and pubs shut by E&Y

E&Y shuts taps at ten more Swallow pubs

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

1w Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

1w Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

4w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor