Economy

The Weird Economics Behind London's Disappearing Pubs

It's actually the pub industry's tough practices that are giving local boozers the greatest problems.
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Even if you're not much of a drinker, London’s pubs are places of real beauty. With their wrought iron signs, blown and stained glass windows, and acres of tobacco-colored wood, they're among the best bits of traditional vernacular architecture the city has.

Despite Britain's reputation as a home for rowdy drinkers, London pubs can also be very welcoming, with the best ones stretching their often early closing times with quasi-legal after-hours lock-ins.