Marston’s chief executive Ralph Findlay has described an extended business rates holiday and a VAT cut throughout 2021 as a ‘minimum requirement’ after the imposition of England’s third national lockdown.
Despite the company exhibiting symptoms of the Covid-19 crisis such as dented profits and sounding off job loss warnings, Marston’s Ralph Findlay argued the operator exits 2020 in better shape than it entered.
Pub company Marston's experienced a hit of £40m to sales due to the coronavirus lockdown, prompting its chief executive to say he was uncertain about how its pubs would perform in the short-term reopening period.
Marston’s has rebuked the Campaign for Real Ale’s (CAMRA) claims the pubco and brewer is doing too little to financially support its tenants and licensees during the coronavirus lockdown, The Morning Advertiser can reveal.
Marston’s has attempted to draw a line under a dispute with a tenant, insisting the matter was now closed following an investigation by the pubs code adjudicator (PCA), according to The Morning Advertiser's sister title MCA.