Further reading:Smaller businesses hit hardest as one in 18 sites close in past yearPint prices soar by almost 12%Cost of a pint in the UK 127% higher than world averageManaged pubs see 10.8% sales growth in JuneOfgem reforms 'welcomed' by sectorBig Smoke Pub Co appoints administratorsStonegate 'to axed up to 260 jobs'Late-night trade challenging for Revolution Bars Group