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Thousands of Restaurants, Pubs Closing in UK Due to Rising Utility Bills - Reports

© AP Photo / Nariman El-Mofty / People watch live news in a pub showing the funeral service of Queen Elizabeth II at a London pubPeople watch live news in a pub showing the funeral service of Queen Elizabeth II at a London pub
People watch live news in a pub showing the funeral service of Queen Elizabeth II at a London pub - Sputnik International, 1920, 14.01.2024
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MOSCOW (Sputnik) - Thousands of restaurants and pubs are closing in the United Kingdom due to exorbitant increases in utility bills, as well as rent and operating costs, UK media reported on Sunday, citing data from consultancy group CGA.
Over 10 restaurants or pubs closed every day between January and September 2023, the Independent newspaper reported, adding that the number of licensed premises in the country fell by 3.6% over the same period, from 103,682 to 99,916.
A British Gas bill is displayed by a gas ring on a cooker in this photo illustration in London. - Sputnik International, 1920, 16.12.2023
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Unpaid Energy Bills Reach Record-High Level in UK Amid Cost of Living Squeeze
The total number of restaurants and pubs in the UK reportedly dropped to less than 100,000 for the first time in the history of observations.
Other factors leading to the closure of restaurants and pubs include rising food prices and staff shortages, the report said.
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