Heineken to Breathe New Life into 156 Pubs, Bucking UK Pub Industry Decline
May 8, 2024 Diverse
Heineken is investing £39 million to revive hundreds of pubs across the UK, with plans to reopen 62 pubs that have been closed for years. This move comes as the British pub industry faces ongoing challenges, including closures due to the pandemic and rising costs of living.
Reopening Closed Pubs and Revitalizing Suburban Locations
The Star Pubs & Bars chain, owned by Heineken, will see a significant investment. Over 600 pubs will receive refurbishments, with a focus on transforming pubs in suburban areas into "premium locals." This strategy reflects changing consumer habits, as more people work from home and seek entertainment closer to where they live.
Signs of Growth Despite Challenges
Heineken's announcement follows other positive indicators for the UK pub industry. Greene King, another major pub chain, recently unveiled plans for a new £40 million brewery, showcasing a long-term commitment to British brewing. Additionally, Spain's Damm is investing £50 million in a new UK brewery.
Industry Leader Calls for Supportive Policy
The British Beer & Pub Association (BBPA) welcomes these investments as a sign of confidence in the pub sector's potential for growth. However, the BBPA CEO, Emma McClarkin, emphasizes the need for a "supportive fiscal and regulatory framework" to further unlock growth opportunities.
Chancellor's Measures Offer Relief
The recent Budget offered some relief for hospitality businesses, with a freeze on alcohol duty and an extension of business rates discounts. These measures are expected to provide a much-needed boost to the industry.
Specific Pub Reopenings
This year, Star Pubs & Bars plans to reopen pubs in various locations across the UK, including:
- The Black Bull in Ecclesfield, Sheffield
- The Hesketh Tavern in Cheadle Hulme, Stockport
- The Junction in Wombwell, South Yorkshire
- The Manvers Arms in Radcliffe on Trent, Nottinghamshire
- The Punch Bowl in West Hallam, Derbyshire
- The Rose of Denmark in Bristol
- Roxy’s Steak & Tap in Twickenham
- The Talbot in Cheslyn Hay, Staffordshire
- The Wildmoor Oak near Bromsgrove
- The Winterton Arms in Chiddingfold, Surrey