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The Independent UK
The Independent UK
National
Liam James

Pub firm closures up 180% as costs soar and punters stay home

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The number of pub and bar companies calling last orders has risen by more than 180 per cent in a year amid surging costs and falling sales, new figures suggest.

Insolvencies rose from 280 in 2021 to 512 last year, accountancy group UHY Hacker Young said, as a survey found nearly one-quarter of pub firms could be forced out of business after just three bad months.

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