The British pub is an institution under threat. During the past decade, a series of legislative, social and economic trends have conspired to squeeze industry revenue and profit margins, forcing many pubs out of business. Already reeling from the ban on smoking in public places, patronage and industry revenue have been battered by rising beer duty, declining alcohol consumption, competition from low supermarket alcohol prices and the prolonged economic downturn. Operators have also been pinched by the rising prices of beverage and food, increasing rents and higher business rates.
Pubs and bars prepare and serve beverages for consumption on their own premises. The industry includes only individuals and companies that operate pubs. Companies that own but do not operate pubs, such as property companies and pub companies (pubcos), are not covered in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.