One in four pubs to shut for good under lockdown at £7bn cost to UK economy, study claims
dailystar.co.ukpubs are set to close for good due to lockdown restrictions, a new report warns. Nearly 12,000 boozers will shut with 290,000 job losses if rules reducing their capacity continue into the new year, estimates say.Employment in the hospitality sector could fall by a third as beer sales slump by 15% if restrictions become tougher over winter.Researchers estimated that this would cost the economy more than £7 billion.They added that 78% of bars were operating at less than three quarters capacity.The worrying predictions by Oxford Economics were based on data from industry surveys.They were made before the 10pm pub curfew and table-only service rules came into force - expected to worsen the decline of pubs.Emma McClarkin, chief executive of the.
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