The famous Raikes closes.

clipped from www.blackpoolgazette.co.uk Historic Blackpool pub shuts He said that although the pub's turnover was strong, other factors, including the cost of buying beer from Trust Inns, which owns the premises, made its prices uncompetitive. He said: "We didn't go without a fight but last week we tried to extend our overdraft and were refused by the bank. "It made us look at the whole situation and come to the conclusion that we had to stop now, no matter what it cost.

It just goes to tell when everything is taken into consideration it is price that matters.
People are skint and can't afford the London class pricing that these property holding companies think the average drinker can maintain or punter can pay. This philosophy is killing the Social Clubs as well as the PUB.