The dire financial state of many pubs is revealed in a survey of 500 tenants carried out by the MA.

The most startling statistic is that 10% of pubs are operating at a loss or zero profit.

Also, as many as 78,000 full and part-time jobs may have been lost if the survey results replicate the situation across the 50,000 pubs in England and Wales.

The survey found the average profitability of a pub had slumping by almost 15% in the past year to £24,180.

Of equal concern is that more than half of survey respondents (54%) predicted profitability falling even farther over the coming year.

Nearly six out of 10 pubs (57%) had been forced to shed staff, with an average of 2.75 redundancies per pub.

Pubs where trade was down reported falls ranging between 5% and 40% with the average drop being 18%.

The figures indicate that claims about pubs being repatriated by non-smokers after the ban were over-optimistic.

Source: Morning Advertiser. Link

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