A report from the Night Time Industries Association (NTIA) has shown that despite glimpses of recovery following the COVID-19 pandemic, the cost-of-living crisis could deliver the final blow for some night time businesses. In the decade leading up to the onset of the pandemic in 2020, the UK’s night time cultural economy (NTCE) showed steady …
Industry bodies react to scrapping of business energy price cap
Industry organisations have reacted to the plans set out by the UK Government to help businesses deal with the inflated energy costs. The government is scrapping the energy price cap for businesses from April 2023 and is instead replacing it with a discount. The new plans will see eligible businesses in the UK receive a …
NTIA survey reveals impact of spiralling costs on night time economy
The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that gives an indication of the current impact of rising costs on the night time economy and hospitality businesses in the UK. The Night Time Industries Association (NTIA) has revealed a flash poll taken over the last week that …
NTIA expresses concern over nightclub closures
The Night Time Industries Association (NTIA) has expressed its concern over the number of nightclubs that have closed down in the last three years. Statistics from data and insight consultancy CGA demonstrated that there are only 1,130 nightclubs currently open in the UK, a significant decrease compared to pre-pandemic. The data showed that the Midlands …