Pubs play a crucial role in the social and economic life of our nation. The British Beer and Pub Association estimate that each pub contributes £80,000 each year to its local economy. I am glad that the pub sector is being supported in a range of ways.
Through the Asset of Community Value scheme, communities can list facilities of local importance, such as pubs. This means that if a pub owner wishes to sell, the community has six months to come up with a plan and funding in order to try to save it. I am glad that there are now around 2,000 pubs across England listed as assets of community value.
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