Nearly half of pub landlords are not confident about their pub's future over the next year, according to exclusive research by Survation for Greenpeace. The survey found 47% of publicans lack confidence, with a further 19% unsure. Of those not confident, around two-thirds believe their pub can only continue operating under current conditions for less than 12 months.
The cost of living squeeze, changing habits, and soaring energy bills are among the challenges. To keep afloat, 48% of badly impacted publicans have dipped into personal savings, 18% have used credit cards or loans, and 7% have remortgaged properties. Nearly nine in ten are concerned that conflict in Iran could further increase energy bills.
Pubs have taken drastic action: 89% have increased prices, 62% reduced staff or hours, 55% adjusted heating or electricity use, and 49% delayed or reduced their own pay. Miles Lyster-Connolly of The Prince Albert in Stroud said his energy contract jumped 35-40% two years ago, forcing him to install solar panels. He noted, 'Going to the pub is now the preserve of the middle classes rather than the working class.'
Adam Roberts, who owns two pubs in Chester, negotiated a new contract saving £18,000 a year but said, 'We are very busy, but you have to be to make any money.' He added that a friend's bar in town is going under. Greenpeace is calling on the government to extend its solar panel scheme to pubs and community hubs to reduce energy bills.
