A fact to remember when your favorite club is forced to close.
The Night Time Industries Association (NTIA) has produced the Forward Into The Night report, which claims that the business of restaurants, pubs, bars and clubs is worth £66 billion to the UK, generating about 6% of the country’s gross domestic product and employing about 1.3 million people.
“An increasing proportion of the population’s social activities either begin with or extend into the night,” the report says. The report was released Tuesday, just as the London Underground becomes a 24-hour service.
In addition, the reports claims that the night-time economy is actually helping reduce crime rates, which are down 38% since 2002-2003. “Venues are now safer than ever and most bars and pubs are careful to ensure that their customers enjoy a safe evening out,” the report argues.
“Lighting up our streets, employing 8pc of our workforce – a large proportion of whom are young – paying business rates and as active stakeholders in our local communities, our industry simply makes Britain better,” said NTIA chairman Alan D Miller. The NTIA is a lobbying group led by Miller, Jonathan Downey and Steve Ball. [via Telegraph]