The study, by hospitality research company CGA and consulting firm AlixPartners, found that between September 2023 and September this year the number of licensed premises increased by 1.8% in central London and 0.4% in Greater London.
DJ Fat Tony has seen a huge rise in demand for tickets to his daytime clubbing event in the City of London. 'We open at 11:30 in the morning and we close at six in the evening. Every time we put tickets online, we sell out instantly,' he told BBC London.
'I was talking to a friend who runs nightclubs in Hertfordshire who told me the only reason he has stayed afloat is because of his daytime parties,' the DJ said.
'The nighttime economy that brings in so many billions of pounds every year is getting less and less of those billions,' the DJ said, raising concerns about the Budget's impact on the industry's comeback.
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