Hospitality

British pubs expect £350m boost from coronation

Hospitality companies will benefit from the extra bank holiday on May 8 and an extension of alcohol licensing hours

King Charles: pubs have said his coronation ‘will be a huge lift to businesses dealing with record highs in energy, food and drink costs’. Picture: Bloomberg

King Charles III’s coronation is expected to deliver £350 million (€394 million) in extra sales for UK pubs and restaurants, according to industry bosses.

Hospitality companies will benefit from the extra bank holiday on May 8 and an extension of alcohol licensing hours, which will run from 11pm to 1am for much of the weekend.

The event “will be a huge lift to businesses dealing with record highs in energy, food and drink costs,” Kate ...