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