Peter Day's World of Business

Since 2001 the UK has lost a quarter of its pubs. They've shut their doors for good. High taxes, high prices, supermarket competition, even the smoking ban have all been blamed. But there are new types of pub, the micropub, and community-owned pubs, which are bucking the trend. While larger, traditional establishments have been under pressure, these have flourished. So why have they been able to succeed where others have not? For In Business, John Murphy visits his local boozer - and others - to see what these new pubs have to offer. Presenter: John Murphy Producer: Ruth Alexander Picture: Micropub Credit: BBC