Only 24% of pubs have a high level of faith they will still be in business at the end of the summer, compared with 44% for all types of company.
The figures, from the Office for National Statistics, are however a big improvement on previous surveys.
Read the full article on the BBC website
NAM Implications:
- That means 75% of pubs are not confident of surviving…
- Pragmatic optimists might settle for 30% closures.
- Meanwhile, pub suppliers have to see retail and off-trade as a major initiative…
- …in order to compensate for loss of on-trade business.
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