Latest data from the Night Time Industries Association (NTIA) reveals that 3,011 businesses have shut in the capital and the commuter belt — far more than in any other region — since March 2020.
Across the UK as a whole 13,793 nighttime economy businesses have been lost up to December 2023, more than 15% of the total, in an unprecedented wave of failures.
Nightclubs have been particularly badly hit with numbers down by more than a third across the country, according to the NTIA. The sector suffered from lengthy lockdowns during the Covid pandemic, as well as crippling post-Brexit staff shortages when premises were allowed to open.
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