5th February, 2018 by Edith Hancock
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The number of pubs closing in the UK has slowed to two per day after years of rapid decline, according to new figures.
Around 616 pubs have “disappeared” since April 2017, when the government last adjusted the rateable value of business properties to reflect changes in the property market, according to real estate advisory Altus Group, equating to around two closures per day.
Four years ago, the figures were much steeper. Figures released by The Campaign for Real Ale (CAMRA) found that UK pubs were closing at a rate of 29 per week in 2014.
Since then, a number of initiatives have been launched by CAMRA alongside MPs to ease the rate of decline in the on-trade.
Back in March the treasury announced it would….
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