Lockdown is costing each of Greene King's pubs on average £4,500 per week, which equates to £7m a week across its managed estate, CEO Nick Mackenzie has said.
Pubco Greene King has confirmed its tenants in tiers two and three will receive a 90% rent concession when national lockdown restrictions are eased tomorrow (Wednesday 2 December).
Discussing England's second national lockdown with The Morning Advertiser's Ed Bedington, Greene King chief executive Nick Mackenzie said he feels 'a little bit let down' by Government.
Suffolk-based brewer and pub operator Greene King will work in tandem with Liverpool’s International Slavery Museum to raise awareness of the historic transatlantic slave trade.
Brewer and pub operator Greene King has pledged to increase the percentage of young people from black, Asian and minority ethnic background on its payroll through a new five-year partnership with the Prince’s Trust.
Pubco Greene King has revealed £6m worth of financial support for its 975 tied tenants following the coronavirus lockdown including tapered rent concessions.
Suffolk-based brewer and pub operator Greene King has reported losses of more than £270m in the 52 weeks to 26 April 2020 in its latest trading update.
Brewer and pub operator Greene King has described the revelation that one of its founders profited from 19th century slavery and argued against its abolition as “inexcusable”.
Pubco and brewer Greene King has revealed its plans of operating, ahead of pubs reopening, which features a set of five ‘promises’ to staff and customers.
Pubco and brewer Greene King is to send out 1,000 personal protective equipment (PPE) kits worth £250 each to its 1,000 pub partners, The Morning Advertiser can reveal.
Greene King tenants are set to benefit from a 90% rent reduction in the face of the ongoing coronavirus crisis, with further tapered support as a business restart gets under way, the company has announced.
Pubco and brewer Greene King has written to 975 of its tied tenants outlining plans for what it is calling individual discussions around rents during the coronavirus lockdown.
Greene King CEO Nick Mackenzie has said he will take a 50% drop in pay for the duration of the coronavirus crisis and executive board members have also reduced their pay by 30%.
Pubco-brewer Greene King is launching a takeaway service across its sites to customers who still crave traditional pub meals and drinks while they social distance themselves due to coronavirus.
One of the country’s largest brewers has sought to dispel claims that UK pubgoers will face a beer shortage when its warehouse workers take strike action next month.
Greene King has claimed a victory during Dry January as the giant pubco announced year-on-year sales of low and no-alcohol drinks up 58% across its managed estate last month.
Greene King has said it will be expanding its plant-based food offer after its total sales of vegan dishes saw a year-on-year increase of 265% in the past financial year.
Greene King workers have voted for strike action following a “paltry” pay offer by the Suffolk-based brewery, union Unite has said, which could impact on deliveries from three depots.
This year, Greene King is pulling a greener Christmas as it offers an eco-friendly cracker to its customers as a step to reduce its environmental impact.
A Greene King pub is fighting to turn around a poor food hygiene rating after an inspection found improvement was required in food safety and cleanliness.
A ballot for strike action for Greene King brewery staff has been confirmed after ‘hitting a brick wall’ with pay negotiations, but union Unite says there is still time to talk.
Brewer and operator Greene King (GK) has confirmed that a popular beer has not been ditched from its brewing rotation despite its sale to an international property firm.
The scale of isolation in Britain has been highlighted in new research that reveals one in five people would like to go the pub but have no one to accompany them.
Greene King Pub Partners has published a new guide packed with hints and tips to inspire its leased and tenanted partners to make the most of the festive season.
A Greene King pub hopes its new four-star rating will “restore the local community’s confidence” after being under investigation due to a “rat infestation”.
The £2.7bn deal for Greene King to be taken on by Hong Kong company CK Bidco has now been completed with the pubco’s share listing now cancelled on the London Stock Exchange, The Morning Advertiser’s sister title MCA has reported.
The £2.7bn deal for Hong Kong firm CK Asset (CKA) to take over Greene King’s almost 3,000 pubs portfolio has been approved by the pubco and brewer’s shareholders.
