The trading environment for Britain’s pubs has never been tougher. According to the Campaign for Real Ale, 29 pubs close every week in the UK, with pubs selling approximately a third of the number of pints that they used to sell in the late 1970s.
With the number of failing pubs on the increase, insolvency practitioners need to be aware of the potential issues with UK licensing laws that they face when accepting an appointment over a business that holds an alcohol licence. Breaches of UK licencing laws are punishable by an unlimited fine and/or up to 6 months’ imprisonment.
Nicola Smith, a Senior Associate in our specialist alcohol, entertainment and food licensing team, has authored a Guide on Liquor Licensing law for Insolvency Practitioners which has been published by Lexis PSL.
A copy of the Guide is available here IPs’ Liquor Licence Guide