Nightclub trade shrinking as younger people stay at home instead

The boss of nightclub group Rekom UK previously warned that younger customers are going on fewer nights out due to the rising cost of living - (Kay Zieba/Rekom/PA)

The UK's late-night economy is facing a downturn as younger generations increasingly opt for social media and home deliveries over traditional nights out, according to the head of one of Britain's largest pub and bar operators.

While the hospitality sector anticipates a boost from the upcoming bank holiday weekend, family-oriented occasions like Mother's Day and Easter have been the primary drivers of increased footfall for many chains.