UK nightclubs and bars see first growth in over a year amid venue losses
British nightclubs and bars have recorded growth for the first time in more than a year, even as the sector has shed roughly 29% of its venues since the pandemic.
A trade body for the late-night sector reports that revenue at nightclubs and bars in Britain is finally rising after a year-long decline. The same data show that more than a quarter of venues have disappeared since Covid-19 hit the industry. Analysts see the uptick as an early sign of stabilisation, but note the market remains considerably smaller than pre-pandemic levels.
Why it matters
The story shows how the UK nightlife economy is rebounding yet still faces a significant loss of venues after Covid.
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