Hipster East London Defies Brutal Decade for British Pubs

(Bloomberg) -- Britain has lost almost a quarter of its pubs since the financial crisis a decade ago. But the decline has not been uniform, with big chains gaining at the expense of small independent hostelries, which have struggled with rising costs, shifting consumer habits and a challenging economic environment. Wiltshire and Birmingham have been the worst-hit areas since 2008; Hackney in east London, the center of a craft-beer boom, has seen the largest number of pub openings.

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