While the UK recently slipped into its first recession since 2009 off the back of the coronavirus lockdown, early signs are the ‘dynamics’ affecting the pub sector will be different to those at play 11 years ago.
Commuters, tourists and residents need to be encouraged to get back to drinking and dining in the capital to secure the recovery of hospitality there, chief executives have said in a letter to the Prime Minister and Mayor of London.
Star Pubs and Bars, Oakman Inns, Hall & Woodhouse and Arc Inspirations have all pledged to fund the continuation of discounts available under the Government’s Eat Out to Help Out (EOTHO) scheme throughout September.
During this uniquely challenging time the financial stresses that Covid-19 has inflicted on tied tenants should not exacerbated by pubs code breaches by their pub-owning business. The industry should know I am watching this very closely.
A group of leading late-night operators including the Deltic Group and the Night Time Industries Association (NTIA) have called on the Government to save the sector from collapse before the furlough scheme ends.