More than 4,000 pubs will go out of business in the next two years as beer sales fall and higher bills crush profits, according to insolvency specialists at PwC.

Sixty-four pub businesses went bust in the third quarter – more than double the number in the same period last year and nearly triple the number in 2006.

Stephen Broome, PwC’s hospitality and leisure director, said: 'This is the start of a rapid period of acceleration of pub closures as more and more businesses give up the unequal struggle.'

A combination of factors, including the smoking ban and the aggressive marketing of alcohol by supermarkets, had helped encourage people to drink in their homes rather than pubs and bars.


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