London’s night-time economy businesses are “experiencing closures and revenue losses at an alarming rate”, according to the Night Time Industries Association (NTIA).
Data shows that between March 2022 and December 2023, 3,011 night economy businesses in and around the capital closed – the steepest fall for any English region.
Michael Kill, the trade body’s chief executive, said the statistics “reflect the crisis gripping our sector”.
The aftermath of the pandemic and the cost-of-living crisis has seen costs rise and footfall drop.
So what are London’s mayoral candidates offering to help support the night-time economy?
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