Britain could lose 14,000 pubs unless they're thrown a lifeline says shock report

More than one third of cherished locals risk closure without 'immediate intervention' from Rachel Reeves says a damning new report View Image Pubs face a challenge from VAT and labour costs while Chancellor Reeves has been warned of looming rises (Image: Getty Images)

Britain will lose more than a third of its pubs unless the Chancellor throws the struggling sector a lifeline, a new report warns. ‌

A staggering 35% of British inns - up to 14,000 cherished locals - risk closure without “immediate intervention” from Rachel Reeves’ Autumn Budget, says the British Institute of Innkeeping. ‌

The trade body said just one in three hostelries was now profitable as a result of tax hikes introduced by the Chancellor in April. ‌

It found three quarters of its 13,500 members - some