By Kaya Black & Jenny Coleman – BBC News | A nightclub owner has said if the current decline in the night time economy continues it will be “RIP” for the businesses. Eddie Odudu, co-owner of MCR Lounge in Manchester said it had been the “toughest year in four years” for the industry. He blamed the cost of living and said people had less money to spend.
The government said it was acting on the challenges faced by nightclubs.
Figures revealed by the Night Time Industries Association (NTIA) showed 74 nightclubs had closed across north-west England since 2020.
“People haven’t got the money they used to have,” Mr Odudu said.
“And what is also apparent is that, even on a busy night, the spend per-head has gone down.
“I’m not scaremongering but the rate that they are closing this year, if it keeps going at that rate, that will be it. RIP nightclubs.”
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While this story reflects the problem in England, it is so true in the U.S. – Read more:
https://www.msn.com/en-us/news/world/if-downturn-continues-it-ll-be-rip-for-nightclubs/ar-AA1wGxf0?ocid=hpmsn&cvid=36fcdf12a3494a19ad7dc9a13bf00627&ei=94