Pubs and places: The social value of community pubs (2nd ed, 2012)
Article
Community pubs are one of Britain's oldest and most popular social institutions. However, they are currently under pressure, with 16 pubs closing every week. This report assesses the social value of community pubs, showing why pubs matter, and why we should be concerned about the current state of the pub trade.
Crucially, pubs are more than just private businesses selling alcohol. Many pubs also play an important role at the heart of their local communities. Pubs provide meeting places, supporting formal and informal social networks, and a focal point for community events. They also play a key role in supporting local economies, and in providing residents and visitors with access to information and services.
This report uses a 'social return on investment' methodology to measure the wider social value generated by a sample of community pubs, and finds that this ranges from around £20,000 to £120,000 per pub.
Related items
The heatwave: Unlocking the economic potential of UK heat pump manufacturing
Heat pump manufacturing is a strategic priority for the UK economy.The security blind spot: Cascading climate impacts and tipping points threaten national security
How climate change poses both immediate and long-term threats that are at least as serious as the Covid-19 pandemic.Budgeting better: How the UK could start to improve its fiscal framework and boost growth
The new Labour government’s growth mission is to make the UK the fastest growing economy in the G7,