7.5m pints of beer may end up down the drain due to lockdown

November 3, 2020

Is this really going to be the final nail in the combined coffin of the hospitality and tourism industries? It is said we are facing the biggest health challenge of our life time and though the figures shared from the government do not sit well with many doubting the pandemic and motives of those in charge, we are seeing small businesses including shops/pubs/bars and hotels closing or being on the brink of.

This week has been a call to action from many public houses that beer will be going cheap until Thursday otherwise the drains will be seeing over 7 million pints poured their way.

“Many pubs, restaurants, cafes and food outlets are not allowed to trade during lockdown, and they have lots of food and drink in stock that may well end up in landfill if they aren’t sold before Thursday”, explains Charlotte Green from waste company TradeWaste.co.uk

Will more pubs be closing now as they admit defeat and not able to survive a stop / start process that seems to be in progress with the government. Will restaurants and bars be simply a thing of the past? Can any business really survive being on lock down when they haven’t the ability to expand their services, ie offer take away foods?

Hotels are also suffering and my recent visits to London there seems to be an eerie atmosphere in many with most rooms empty and footfall non-existent.

Commercial property values are to decline?

It may just be a unique time and one that we will come out from soon, but it could be the fact that we are endlessly presented with a stop and start situation for business and our lives. Who we can and can not invite round our homes will be a normal question we ask of each other, can we risk pre booking a table at our local restaurant, can we plan for our holidays either home or abroad?

Businesses are doing their best to adapt and that means working form home and relying much more on the internet and technology. Office spaces empty and shops closed. What really is that value of the commercial space now?

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

Latest ONS Private Rent and House Prices Index

Average UK monthly private rents increased by 5.0%, to £1,360, in the 12 months to October 2025 (provisional estimate); this annual growth rate is down from 5.5% in the 12 months to September 2025. Average rents increased to £1,416 (5.0%) in England, £817 (6.7%) in Wales and £1,008 (3.4%) in Scotland, in the 12 months…
Read More →
Estate Agent Talk

Winter property checklist: How to protect your home this season

As temperatures drop and winter approaches, Propertymark, the leading professional body for estate and letting agents, is urging homeowners and tenants to prepare their homes for the colder months with a few simple maintenance checks that can prevent costly damage and ensure safety and comfort throughout the season. According to Propertymark, winter is one of…
Read More →
Breaking News

London homebuyers have paid nearly £25bn in Stamp Duty over the last decade

The latest research from Jefferies London shows that, as many await news of potential Stamp Duty reform in the upcoming Autumn Budget, homebuyers across the capital have collectively paid almost £25bn (£24.9bn) in Stamp Duty over the last ten years, with buyers in prime central London contributing the largest share by a considerable margin. Jefferies…
Read More →
Letting Agent Talk

Slow maintenance responses are driving tenant anxiety

New research from Adiuvo, the UK’s leading provider of 24/7 property management support, reveals that almost 60% of tenants report feeling increased stress or anxiety as a result of maintenance issues in their rental property, and for most, the lack of landlord action is more stressful than the maintenance issues itself. Adiuvo has surveyed 1,.013…
Read More →
Estate Agent Talk

Agent confidence split as housing market braces for Autumn Budget impact

The latest agent sentiment survey from GetAgent.co.uk reveals that, while property market activity has remained resilient through 2025, confidence among agents is now divided as the industry awaits key housing announcements in the Autumn Budget. The survey of estate agents, commissioned by GetAgent, found that whilst cautiously optimistic, there are increasing concerns about external economic…
Read More →
Breaking News

Letting agents to play pivotal role in Renters’ Rights Act rollout

The latest lettings sector insight from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has revealed that 57% of landlords do not feel prepared for the introduction of the Renters’ Rights Act, with many looking to their letting agent for guidance, highlighting the vital role letting agents will play in helping…
Read More →