
Ignacio Cabras
Professor of Regional Economic Development at Northumbria University; expert on pubs' economic and social value.
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APPEARANCES
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Jun 22, 2026
What is a pub really worth?
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14:51
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16:04

Ed BedingtonHOST
What is the report found around the social value of pubs? Ignacio, do you want to give us that?

Ignacio CabrasGUEST
Basically, this report is very important because it's the first time that we tried to measure this value with such granularity.

Ignacio CabrasGUEST
Before, as John said, there was a lot of saying about the value of pubs within local communities, but it was mainly based on anecdotal evidence, stories, narratives, which are fine, but when you attach a figure to that particular story, that's when it becomes important, and that's exactly what the report does.

Ignacio CabrasGUEST
So, you mentioned 1.3 million, which is the contribution of average pubs into the local communities.

Ignacio CabrasGUEST
This is a very important figure, but I would like to stress the importance of pubs in stimulating activities, stimulating relationships, stimulating things that otherwise wouldn't be there in the local community.

Ignacio CabrasGUEST
We managed, for example, to understand how much these activities were worth in our community.

Ed BedingtonHOST
Were there any surprises in the report? Were there things that made you sort of think again? I mean, tell us about that.