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flag Over 400 pubs closed in England and Wales this year, hitting a record low due to rising costs and spending habits.

flag Over 400 pubs in England and Wales have permanently closed by December, reducing the total to 38,989, the lowest number on record. flag The closures, averaging 34 per month, are linked to rising costs like National Insurance and minimum wage increases, as well as cautious consumer spending. flag The British Beer and Pub Association urges the government for business rate reforms to aid the struggling sector.

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