Without the factories and mills, today's modern metropolis relies on the leisure economy, with the night-time economy worth an estimated 66 billion in the UK. However, the report found that the bricks-and-mortar world of clubland is in crisis.
Nationwide, the report revealed a significant decrease in the number of nightclubs, with 396 closures since March 2020, almost a third of pre-pandemic total. London's nightlife decline has been tied to a Conservative election narrative about the mayor's failures.
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