Tag Archives: closures

British pub and restaurant market shrinking by eight operators a day

British pub and restaurant market shrinking by eight operators a day

Britain now has more than 3,000 fewer licensed restaurants, pubs and bars than it did 12 months ago, new data claims. The decline represents a fall of 2.5% year-on-year and is the equivalent of eight premises closing each day. The figures were revealed by market insight firm CGA and prompted the UK’s largest industry trade

‘Over-supply’ of market threatens London’s golden age of dining

London is wallowing in a “golden age of dining out” but figures detailing current restaurant closure rates suggest the market has almost reached the stage where it is over-supplied. Restaurant openings in London grew at a faster rate in the last 12 months than at any time previously recorded, according to the latest edition of

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