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Gloucestershire Business News

Are drinkers calling time on traditional pubs?

Pubs in the UK are closing at the rate of 18 a week.

According to the Campaign for Real Ale (Camra) the high cost of pub drinks means more people are deciding to have a drink at home instead.

There were 476 pub closures in the first six months of the year, 13 more than in the last six months of 2017, the BBC reports.

It means that four out of five people had seen a pub shut down within five miles of their home in the last five years.

Camra said tax rises are also hitting the pub trade, Including higher beer duty and rising business rates.

The report also says that 16 to 24-year-olds are less likely to drink than any other age group.

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