The landlords of a Yorkshire gastropub faced with having to charge over £7 a pint to break even have 'mothballed' their business for the winter instead
"We were just waiting to see what the"We've had companies throwing deals at us but none of them would offer us less than a two year contract, and we’d be tied in to prices double what we were paying.
"We’re still recovering from covid as a business, but frankly since Brexit, costs have gone through the roof.PeopleThe couple decided to shut up the pub building, owned by the Fitzwilliam Malton estate. All staff have been offered work in their second premises, Omni, also in Malton. "The only way to control things is to close the doors,” Mr Gillham said. “We've paid the rent for another quarter and this is the only way to get through to next year and control any losses.”"The Government kept on putting off decisions, and we don’t know where we’re going to be."We speak to people in the trade and people are closing left, right and centre. Pubs are important for people’s mental health at the minute.
The survey found that more than a third of hospitality businesses were expecting to be operating at a loss or be financially unviable by the end of the year. It comes as a massive 96 per cent said they were experiencing higher energy costs and 93 per cent complained of food price inflation. Meanwhile, more than three quarters of hospitality venues reported seeing a decline in people eating and drinking out in a sign that cost-of-living pressures have taken a toll on consumer spending, with 85 per cent expecting it to get worse.“And once they’ve gone, they won’t come back.
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