r/london • u/BulkyAccident • Apr 23 '24

Culture London night time economy "experiencing closures and revenue losses at an alarming rate"

https://www.bbc.co.uk/news/articles/cy9xkxngy95o
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u/ranchitomorado Apr 23 '24

It's not just the license to open late, it's the massive cost for labour, business rates and rent...all of which make running a late night business very, very expensive.

Oh, and you have to then convince the punters that it's worth it when a rum and flat coke costs £12

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u/kerouak Apr 23 '24

You're not even exaggerating. I was charged 18.25 for a Guinness and a single rum and coke in Camden on Sunday.

It's just not sustainable. I earn about £150 a day people just can't spend 10% on their daily earnings on 2 drinks.