Increasingly, research is putting a financial value on that contribution.
We’ve highlighted some of the figures illustrating just how pubs support those they serve:
£30bn
According to the British Beer & Pub Association (BBPA)’s report Pubs as Social Infrastructure, published in July this year, with almost 30% of UK adults visiting pubs regularly (equating to about 16m people), the total wellbeing-equivalent value is estimated at up to £30bn a year.
£100m
Non-profit organisation PubAid revealed pubs collectively contribute more than £100m to charity each year
£40m
Pubs provide £40m annually to grassroots and community sports, estimations from PubAid show.
The research also found pubs help keep 1.7m people active each year.
£1.3m
A report commissioned by Punch Pubs in partnership with Northumbria University earlier this year (April) found the average UK pub contributes up to £1.3m in economic and social value to its local community.
£12,000
Government methodology used in the BBPA’s Pubs as Social Infrastructure report put the wellbeing loss associated with severe loneliness at about £12,000 per person, pinpointing the potential value of social spaces such as pubs that help prevent isolation.
£2,000
The BBPA’s report also estimated the wellbeing benefit generated through pub-based social interaction at up to £2,000 per regular guest a year, using the Treasury’s WELLBY methodology.
£8.28
Just last year, not-for-profit organisation Pub is The Hub unveiled research that showed for every £1 spent investing in the provision of services and activities in the pub, an average of £8.28 of social value is created, highlighting the wider return pubs can deliver for their communities.
- Do you go above and beyond for your community? We want to hear from you. Let The Morning Advertiser deputy editor Nikkie Thatcher know at nikkie.thatcher@wrbm.com or on 01293 610388.
