With the recent beer-tie proposals and long standing high taxes on alcohol, it’s no surprise that the pub industry is dwindling. According to Institute of Economic Affairs, 21,000 pubs have shut since 1980.
As well the increasing tax on alcohol, the price of beer has risen above the rate of inflation. Together with the smoking ban, this has caused many customers to head to shops and supermarkets to buy cheaper wine and beer to drink in the comfort of their own home. Wine has also proved to be very popular over the years, resulting in a fall in beer consumption.
With stricter regulations to combat drink-driving, many people prefer to stay in than spend an evening at the pub. Scotland recently reduced the drink drive limit to 50mg in every 100ml of blood – meaning a glass of wine or pint of beer could be too much.
We’ve worked with many pubs and Inns that have struggled financially and have produced an extensive expert guide to turning around your pub business. If you need advice and would like to talk through all the options, call us on 0800 9700539 or fill in our online enquiry form.