TWO Banbury pubs have closed after their parent company failed to find buyers for 95 of its loss-making sites.
The Slug and Lettuce, in Broad Street, and Yates's, in Parson's Street, were axed by the Laurel Pub Company.
A spokesman for the company, which had 450 outlets nationwide, said: "This is a regrettable decision, but the pubs were costing more to run than they were making."
There are still 16 other licensed premises in the town centre.
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