Many Britons are expected to celebrate King Charles’s coronation on May 6 with a fresh pint in their local pub. The industry has calculated that the weekend of the accession to the throne could bring an additional 350 million pounds into the register.
For comparison: according to the British Beer & Pub Association (BBPA), the average daily turnover of British pubs and restaurants was 60 million pounds in 2019, i.e. before the corona crisis.
The pubs expect higher revenues on the long weekend from Friday 5 May to Monday 8 May. The Monday after the coronation is a public holiday for the British and from Friday evening to Sunday evening the pubs are also allowed to serve alcohol a little longer. Normally the tap closes at 23: 00, but during the coronation weekend pubs are allowed to sell drinks for two hours longer.
For the pubs it is a nice extra. They have had difficult years with first the closures due to the corona pandemic and then the high energy prices.
But even apart from that, the typical pub from the British street scene is disappearing. While the UK still had almost 61,000 pubs in 2000, there were only 47,000 in 2020. Meanwhile, the figure has fallen even further.
Parties and events are on the programme throughout the UK over the long weekend from 5 to 8 May. Although Charles immediately assumed the task of King after the death of his mother Elizabeth on September 8 last year, the coronation on May 6 is considered the official accession to the throne.