Licensing extension marks start of £350m coronation weekend
As of today, pubs and bars will be able to benefit from extended licensing hours over the Coronation weekend, boosting potential footfall and sales. The temporary extension to licensing hours will allow venues to stay open later, as part of the Coronation celebrations, and enable them to benefit from the estimated £350m boost the sector will see this long weekend.
UKHospitality Chief Executive Kate Nicholls said: “The King’s Coronation will be a historic moment for the country, bringing communities together in celebration and there’s no doubt that hospitality will be at the heart of events across the country, which we hope will deliver a £350m boost to the sector.
“I’m delighted that the decision has been taken once again to extend licensing hours, as was the case with the Platinum Jubilee, to allow consumers to make the most of their local venues and support businesses in real need of their custom.
“This will also be of benefit to the influx of international visitors we expect this weekend, which follows almost a year of tourism levels increasing and taking us back up to pre-Covid levels. “These celebrations come at a crucial time for hospitality and the £350 million boost we hope to see this Coronation weekend will be a huge lift to businesses dealing with record highs in energy, food and drink costs.”
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