UK Pubs face average of 20 percent loss when energy bill relief ends
The BBPA has warned that the end of the energy bill relief in March would see pubs and brewers at a loss of 20% on average, with operators stating energy costs are the biggest threat to viability and will be “even more lethal” when the scheme ends.
The prediction was calculated by Frontier Economics in a report commissioned by the association and comes as pubs face rapidly rising costs associated with supply, staffing and key commodities, prompting calls for further support for the sector.
“A long term guarantee that energy costs and contracts will be fair and reasonable come the spring cannot come soon enough for out pubs and brewers,” said BBPA CEO Emma McClarkin. “They need reassurance that bills won’t rocket and completely wipe out profits.”
This is even more reason for pubs and social clubs to have the latest fruit machines on hire in their venues, to help generate more revenue for all these price increases!
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