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.
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.
After the first full week of the Government’s tiered Covid alert system, The Morning Advertiser attempted to round up which pub companies had been hit hardest by new, ever-changing, localised measures.
New River REIT’s pub arm, Hawthorn Leisure, has revealed that pubs shuttered under the Government’s tier three measures, Wales’ ‘fire break’ lockdown and Scottish restrictions will receive a 100% rent credit.
Kent-based brewer and pub operator Shepherd Neame revealed that it has reopened 'nearly all' of its pubs, traded successfully and and benefitted from the Eat Out To Help Out Scheme in the 13 weeks since reopening.
Premium restaurant and cocktail bar operator The Alchemist has joined forces with Grey Goose and social enterprise Foodinate to offer visitors to two of its sites in Leeds, a free cocktail in exchange for food donations.