More than one in ten British pubs are at imminent risk of closure, with 11% of the UK’s pubs classed as technically insolvent and facing maximum credit risk, according to analysis by accountancy firm Price Bailey.
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According to accountancy firm Price Bailey, pub closures reached a decade high in 2023.
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Pub closures reached back-to-back quarterly records in Q2 2023, smashing the previous unwanted benchmark set in Q1.
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The number of pubs closing across the country, having called last orders for the final time, has rocketed by 50% in the last three months.
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