Current boss of Hawthorn Mark Davies will relinquish his position of parent company NewRiver’s chief financial officer (CFO) with immediate effect but will remain head of the pub business.
Robinsons, the Stockport based brewer and pub company, has revealed it paid more in tax to the Government in 2020 than it received in pandemic support.
Hawthorn, the Community Pub Company has been sold to Admiral Taverns for an expected gross aggregate cash consideration of about £222.3m, taking the latter’s estate to more than 1,600 sites.
The Morning Advertiser’s Ed Bedington and Liberation Group’s Jayson Perfect reflect on a week’s worth of pub sector headlines following ‘Freedom Day’ on 19 July.
Stonegate Group’s operations director for its late-night division has said venues still have a responsibility to reduce the spread of Covid, as the sector is finally freed of legal restrictions.
Bosses have urged the Government to stop "dithering” and introduce a ‘test to release’ scheme to allow self-isolating workers to return to work quicker.
BrewDog has reported a pre-tax loss of £13.1m during 2020 despite achieving 10% revenue growth during 2020. The strong growth in online sales was not enough to offset the impact of bar closures.
Bar operator Arc Inspirations has revealed that trading across its 17 sites has been 35% higher than the equivalent period in 2019 since indoor trading resumed on 17 May.
According to its latest financial update, café bar operator Loungers revealed that sales across its estate of 175 venues were up by 23.7% in the nine weeks from 17 May to 18 July 2021 versus the same period in 2019.
Stonegate Group has filed a £845m lawsuit against its insurers: MS Amlin, Liberty Mutual Insurance Europe and Zurich, in the latest sector dispute over business interruption policies.
