This one.
Someone correct me if I'm wrong, but the 100% bounce rate means someone clicked on your link, saw your site and didn't want to go any further so hit the back button. They didn't close the window or navigate anywhere else, they hit the back button.
You may find in your keyword stats that you ranking for words which aren't relevant to your site, eg. looking at your site in your sig, I could search for 'rugby hotels' land on your site and want a hotel in the town of Rugby not a hotel for a rugby match, therefore I hit the back button and continue searching elsewhere.
It's unavoidable really, you're always going to get a fair chunk of bounces although 70% does seem high. You can try to limit it by making your site more relevant to these terms, or setup new pages for these terms so they rank higher than the current page (eg. a Rugby hotels page which has hotels in Rugby), or simply remove irrelevant phrases as they are attracting useless traffic which you can't monetise.
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