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Redundancies reined in? 'Whitbread’s long-term strategy remains as relevant and compelling as ever,' Whitbread CEO Alison Brittain said of the company’s latest financial results

Whitbread could halve job cuts

By Stuart Stone

The operator behind Brewers Fayre, Beefeater and Premier Inn may significantly reduce redundancy plans following the extension of the furlough scheme and vaccine breakthrough.

How much rent are pub companies charging in lockdown?

Pub companies announce lockdown rent plans

By Emily Hawkins

Pub companies including Greene King and Stonegate Pub Company have confirmed rent reductions for tenants to 10% for the second lockdown period.

Hit hard: the late-night sector has been shut since March, with no news on a reopening date

Deltic Group 'put up for sale'

By Nikkie Thatcher

Late-night operator Deltic Group has launched a merger and acquisition process in a bid to help its future, The Morning Advertiser understands.

Well placed: 'Whitbread’s long-term strategy remains as relevant and compelling as ever,' Whitbread CEO Alison Brittain said

Whitbread ‘well placed’ in the UK despite pandemic losses

By Stuart Stone

The operator behind brands such as Brewers Fayre, Beefeater and Premier Inn has revealed a swing from £219.9m in pre-tax profit to a statutory loss of £724.7m in its interim first half results for the 2021 financial year.

Proactive step: 'the CVA proposed by the group’s Revolution Bars Limited subsidiary entity, if agreed by landlords, is another proactive step to lower outgoings to help safeguard the future of the group' according to CEO Rob Pitcher

Revolution Bars Limited CVA launched

By Stuart Stone

Nationwide bar operator Revolution Bars Group has launched a company voluntary arrangement (CVA) of subsidiary Revolution Bars Limited in a bid to improve the wider group’s long-term financial position.

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