The ONS has today published the latest in its Economies of Ale series, looking at the impact of Covid-19 on UK pubs. Today’s article uses data from the Business Impact and Conditions Survey (BICS) and includes data for April when pub gardens were again able to open.
The responses from BICS show that in late April while 44% of all businesses had high confidence in surviving the pandemic, only 20% of pubs did.
The figures also show that while around 1 in 10 (8%) workers were furloughed in late April, this rose to over half (55%) for pub employees, despite many pubs having reopened.
The figures also give a worrying profit warning, with a third (33%) of pubs reporting profits were down more than a half in late April, compared with only a tenth (9%) of all other businesses.
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Press release from the ONS
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