Published quarterly in partnership with international finance-sector advisors AlixPartners, Market Growth Monitor is the product of the exhaustive research data gathered by our own Outlet Index.
Nearly 12,000 licensed premises have closed in Britain since December 2019, the new edition of the Market Recovery Monitor from CGA and AlixPartners reveals—an average of around 30 a day and the highest rate on record.
Britain’s supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019—the lowest rate of year-on-year decline for nearly two years.
Latest figures from the CGA AlixPartners Market Recovery Monitor show that at the end of March this year, the pre-lockdown number of licensed premises in Britain stood at 115,108, a 2.4% reduction on March 2019.
Fewer than two thirds (62%) of Britain’s licensed premises were trading again by the end of July following the lifting of COVID-19 lockdown restrictions. The pattern of reopening has also been uneven, with pubs ahead of restaurants and London lagging the rest of England, the new Market Recovery Monitor from CGA and AlixPartners reveals.
Nearly a quarter of Britain’s licensed premises were still to reopen at the end of August, with the London market particularly slow to recover, the latest edition of the Market Recovery Monitor from CGA and AlixPartners reveals.
Britain now has nearly 25,000 fewer licensed premises open than before the COVID-19 lockdown, the latest Market Recovery Monitor from CGA and AlixPartners reveals.
Trading restrictions led almost a third of Britain’s licensed premises to shut their doors last month, the latest Market Recovery Monitor from CGA and AlixPartners indicates.
At least 50,000 licensed premises in England will not be able to trade even after the end of the national lockdown this week, the latest Market Recovery Monitor from CGA and AlixPartners reveals.
Britain lost around 6,000 licensed premises last year, the latest Market Recovery Monitor from CGA and AlixPartners reveals—nearly triple the number in 2019.
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