William Eichler 23 April 2019

Over 1,500 pubs close since controversial business rates revaluation

Over 1,500 pubs close since controversial business rates revaluation  image

Hundreds of local pubs closed down last year due to a ‘myriad of cost pressures’, new research reveals.

According to real estate advisor Altus Group’s annual business rates review, set to be published this week, a total of 914 pubs ‘vanished’ in 2018, an average of about 76 per month.

At the beginning of 2019, the total number of pubs in England and Wales liable for business rates fell to 41,536 with the overall number declining by 1,530 since the revaluation of business rates came into force in 2017.

The rate at which pubs are vanishing, either being demolished or converted into homes and offices, has, however, eased significantly.

Between April 2010 and April 2017, 11,608 pubs were either demolished or converted into other types of use with the number of pubs falling from 54,674 to 43,066, equating to around 138 per month.

Commenting on the research, Kate Nicholls, UKHospitality chief executive: ‘Pubs are being hit with a myriad of cost pressures at a time of unprecedented political uncertainty and unstable consumer confidence.

‘Unless positive action is taken by the Government to address crippling costs, more pubs will be forced out of business.’

Participatory budgeting image

Participatory budgeting

Evgeny Barkov explains what participatory budgeting means and how it can reveal what citizens need.
SIGN UP
For your free daily news bulletin
Highways jobs

Assistant Director Property

East Sussex County Council
Up to £86,000 (pay award pending)
Your track record of leading change will equip you to position Property Services as a true, collaborative partner delivering a... East Sussex
Recuriter: East Sussex County Council

Hylands Manager

Chelmsford City Council
Grade 10 - Starting at £43,836 per annum and rising to £48,309
This is a rare and exciting opportunity for an exceptional candidate to create and deliver a vision for Hylands House to ensure it can reach it’s f... Chelmsford, Essex
Recuriter: Chelmsford City Council

Assistant Traffic Management & Road Safety Engineer

North Yorkshire County Council
£22,021 to £26,999
We are looking for an Assistant Engineer to join our Traffic Engineering team. The Traffic Engineering Team forms part of... Northallerton, North Yorkshire
Recuriter: North Yorkshire County Council

Regulatory Lawyer Solicitor - Selby

Selby District Council
£32,029 to £42,683 pro rata.
We are looking for a Solicitor/Barrister who can join our supportive team to provide legal support to Selby District Council and... Selby, North Yorkshire
Recuriter: Selby District Council

Trainee Solicitor

North Yorkshire County Council
£22,021 to £24,313
To be successful you must... Northallerton, North Yorkshire
Recuriter: North Yorkshire County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue