The results showed that, despite an uptick in registered hospitality businesses since 2019, the UK’s nightlife sector is in decline.
Between 2019-2020 and 2020-2021, the number of pubs, bars and clubs in the UK dropped, continuing a trend that has seen businesses in the sector shutting in high numbers for a decade.According to the ONS, there were 10,040 registered clubs in the UK in 2010.
However, by 2015 that number had fallen to 8,370 in 2015 and again to 6,985 by 2021. Using that data, the study predicts that the number of clubs in the UK will soon drop to 5,000 or less.“With continued uncertainty, home-working & low footfall there’s no denying that the industry is facing an extremely tough few months,” Christophe Delacroix, the CEO of StoreKit, said.The impact of the coronavirus pandemic on the country’s nightlife sector has caused many establishments to face financial issues.
The government responded with some financial assistance packages, including a £1billion support package introduced in December 2021 after the emergence of the Omicron variant.
Read more on nme.com