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Pubs and the unsustainable rise in costs
Many pubs and bars have expressed the fear that they will face closure unless the Government steps in and helps with the rising cost of energy, which is also resulting in the closure of C02 factories, a key ingredient in making beer and cider. But not only that, customers will be strapped for cash, resulting in the potential loss of customers, resulting in the not so perfect storm.
It is estimated that seven in 10 pubs believe they will not survive the rising cost of living and increasing energy bills, according to the Morning Advertiser. A further 8% of pubs said they had an increase in utility costs of more than 500% and 65% had an increase of at least 100%.
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