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Pubs are in decline because drinking is so damn expensive these days, and also because there are not large numbers of manual labour jobs where everyone has a drink down the pub after work. That's been increasingly true for 20 years, I guess. So demand is down, and costs are a long way up (particularly labour – bar staff have to be paid at least minimum wage – and rent). Most British towns are over-supplied with pubs for the modern level of demand so it's inevitable that some will close.