• last year
Transcript
00:00 [Music]
00:10 The UK's night-time economy is facing a crisis.
00:13 Bars, pubs, nightclubs and live music venues are feeling pressure like never before,
00:19 and as many as 20% of businesses face closure without some form of government support.
00:26 Businesses never really recovered from COVID lockdowns as customers' behaviour changed,
00:31 and with more and more people opting for online entertainment
00:35 or staying in due to safety concerns or convenience.
00:38 Rising costs of rent, wages and business rates made it difficult for night-time venues
00:45 to remain profitable, and the last thing they needed was a cost-of-living crisis,
00:49 leaving customers feeling like they can't afford to go out.
00:55 Coming up, we'll look at all the issues facing the industry, we'll see how students' behaviour
01:00 is changing, and we'll also find out how a little bar in Blackpool is bucking the national trend.