“The news that the UK has thus far avoided a recession is to be welcomed. However, pubs and brewers are still operating in extremely tough conditions, with inflation pushing up prices across the supply chain and consumer confidence remaining low.
“The absence of meaningful growth in our economy is causing an extreme lack of confidence amongst publicans and brewers, with one in three hospitality businesses predicting business failure in the next 12 months.
“Our industry has the potential to boost local economies in every single part of the UK and contribute to the country’s overall output, but we are being held back by outdated tax systems, a never-ending energy crisis and red tape at every turn.
“The Chancellor needs to make some significant interventions in the Spring Budget to turn this around and ensure our industry can make the contribution it so desperately wants to and continue to support livelihoods in communities across the country.”
Press release from the BBPA.
Contact:
Padraig Blee
Public Affairs Officer
07889254393