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150 pubs have shut this year as energy bills soar Published Date: 11/04/2023

Analysis of official government data by the commercial real estate intelligence firm Altus Group shows that the overall number of pubs in England and Wales, including those vacant and being offered to let, dropped to 39,634 at the end of the first quarter to March 31.

It showed that 153 pubs closed from the total 39,787 pubs recorded in England and Wales at the end of 2022.

The data showed that 51 pubs were lost each month, accelerating from a reduction of 32 pubs a month during the whole of 2022.

The British Beer and Pub Association warned that the average energy bill for a pub would rise by £18,400 a year from this month as the Energy Bill Relief Scheme ends.

Alex Probyn, president of property tax at Altus Group, said “Pubs have seen their values for the business rates tax fall 17% overall and, with measures taken at last year’s Autumn Statement, that will mean a tax saving of £5,500 for the average pub.

“But that simply won’t compensate for the energy support being lost, making plots even more attractive for alternative investment.”