Greene King

Opinion

Looking ahead: the post-Covid pubs code

28-May-2021 By Fiona Dickie – pubs code adjudicator

The announcement that I would be the next pubs code adjudicator (PCA) was made on 24 February 2020. The first lockdown came just three weeks later.

CVA approved for Greene King’s Loch Fyne business

26-May-2021 By Georgi Gyton, MCA

Greene King has had a CVA approved by creditors for its Loch Fyne business, according to reports by MCA Insight.

Indoor reopening confirmation ‘psychological rather than economical’

11-May-2021 By Nikkie Thatcher

The announcement from Prime Minister Boris Johnson yesterday (Monday 10 May), confirming pubs can reopen inside from next week has been welcomed alongside calls for restrictions to be lifted in June.

‘Business rates cap will harm pub revival’

05-May-2021 By Stuart Stone

The Government must re-consider its proposed £2m business rates relief cap or face the continued “systemic closure” of pubs, according to Colliers International’s head of business rates.

Pubs gear up for outdoor trading

09-Apr-2021 By Nikkie Thatcher

The on-trade is preparing for outside service when it is permitted next week (Monday 12 April).

2021 Publican Awards

Business Leader of the Year - Nick Mackenzie, Greene King

31-Mar-2021 By The Morning Advertiser

Greene King CEO Nick Mackenzie was voted Business Leader of the Year by his industry peers for impressively steering the brewer-cum-operator through choppy Covid waters.

Publican Awards 2021

Best Tenanted/Leased Pub Company - Greene King

31-Mar-2021 By The Morning Advertiser

One of three awards scooped at a memorable 2021 Publican Awards, brewer and pub operator Greene King picked up the prize for Best Tenanted/Leased Pub Company.

Publican Awards 2021

Best Community Pub Operator - Greene King

31-Mar-2021 By The Morning Advertiser

Suffolk-based Greene King bagged a hat-trick at this year’s Publican Awards, including the prize for Best Community Pub Operator.

Publican Awards 2021

Meet the finalists: Best Tenanted and Leased Pub Company

23-Mar-2021 By The Morning Advertiser

The Morning Advertiser has profiled the four finalists in the Best Tenanted and Leased Pub Company category, sponsored by HGEM.

Coronavirus: a year of closures

Looking back on lockdowns: ‘Rollercoaster year we'll never forget'

22-Mar-2021 By Nikkie Thatcher

Voices from the trade have labelled the past 12 months as “horrific”, while others have described the Government’s response to restrictions imposed in 2020 and into 2021 as a “hash”.

JDW and M&B among pubcos to claim most furlough in December

02-Mar-2021 By Emily Hawkins

JD Wetherspoon and Mitchells & Butlers were among the pub companies to claim the most through the furlough scheme in December 2020.

Nick Mackenzie: We are burning through £7m a week

02-Mar-2021 By MCA

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.

Greene King ‘racist connotation’ pubs renamed

15-Feb-2021 By Nikkie Thatcher

More than 7,000 pubgoers have voted for new names at four Greene King pubs which had ‘racist connotations’.

Pubco bosses call on Chancellor to aid 'sustainable recovery'

15-Feb-2021 By Emily Hawkins

More than 160 CEOs from across the hospitality sector have signed a letter to the Chancellor pleading for further support from the upcoming Budget.

Sector demands reopening date from Gov as sales fell by half in 2020

10-Feb-2021 By Nikkie Thatcher

Trade leaders and industry body the British Beer & Pub Association (BBPA) have pleaded for a clear date and plan for when and how pubs can reopen.

US firm behind Rooney Anand’s pub investment

05-Feb-2021 By Nikkie Thatcher

Former Greene King boss Rooney Anand’s pub investment firm has been backed by an American financing business, according to reports.

Big brewers ‘deferring annual beer price hike’

27-Jan-2021 By Nikkie Thatcher

Most brewers are postponing beer price increases until later in the year, The Morning Advertiser (MA) can reveal.

Millions of pounds lost in unpaid rent

22-Jan-2021 By Nikkie Thatcher

At least £90m worth of rent has gone unpaid to pub companies due to the coronavirus pandemic over the past year.

Analysis

£200m Redcat investment a vote of confidence in the pub sector ‘resurgence’

21-Jan-2021 By Stuart Stone

A number of pub sector property experts shared their thoughts on recent news that former Greene King CEO Rooney Anand is to pump £200m into the UK’s ailing sector.

Jobs round-up

JDW and Whitbread job cuts, new Diageo and Drake & Morgan hires

21-Jan-2021 By Stuart Stone

The latest pub sector job and people move news includes updates from Greene King, JD Wetherspoon, Whitbread, Diageo and Drake & Morgan.

Former Greene King CEO raises £200m to invest in pub sector

20-Jan-2021 By Stuart Stone

Former Greene King boss Rooney Anand has raised £200m to invest in Britain’s pub sector, according to Sky News.

Property round-up

Former pubco bosses launch new ventures, Red Oak grows to 180 sites

20-Jan-2021 By Stuart Stone

This week’s pub property news includes reports that former Greene King CEO Rooney Anand is to embark on a £200m pub investment project, the launch of Valiant Pub Company, and a trio of new acquisitions for Red Oak.

Greene King renames pubs with ‘racist connotations’

15-Jan-2021 By Nikkie Thatcher

Pubco and brewer Greene King has announced it plans to relabel a number of pubs in its portfolio due to the existing names having racist connotations.

Property round-up

Pub lost every 20 hours, continued rent concessions pledged, £100,000 for ‘pop-up LGBT+ bar’

13-Jan-2021 By Stuart Stone

The first property round-up feature of 2021 includes an update on pub closures during the past 12 months, the latest on pubco rent concessions, and a recap of Fleurets’ Survey of Pub Prices 2020.

Greene King extends rent concessions for tied tenants

11-Jan-2021 By Nikkie Thatcher

Greene King Pub Partners has extended its 90% rent concessions for tied tenants until the end of the third lockdown, the pubco has announced.

Greene King tied tenants in tier 2 and 3 to get 90% rent concessions

01-Dec-2020 By Nikkie Thatcher

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).

Jobs round-up

Board changes at Camden Town and Greene King, ‘tsunami of job losses’ imminent?

19-Nov-2020 By Stuart Stone

While stakeholders in the late-night sector warn of a looming ‘tsunami of job losses’, Greene King, Camden Town Brewery, St Austell Brewery and Revolution Bars Group announced senior shake-ups.

Former pubco pair pump funds into revamped Hofmeister

17-Nov-2020 By Stuart Stone

Two pub industry veterans have invested in revived beer brand Hofmeister, which they believe is in line to be one of the UK’s most popular pours in the next five years.

Greene King boss: 'We need to change the narrative'

16-Nov-2020 By Ed Bedington

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.

New product round-up

Dame Vera Lynn tribute ale, alcohol-free Guinness, Untappd birthday brew and LGBTQ charity collaboration

23-Oct-2020 By Stuart Stone

New brews from the likes of Guinness, Bedlam, Greene King and Beavertown comprise a beer-heavy new product round-up this week.

Greene King outlines rent support with 90% discount for closed pubs

09-Oct-2020 By Emily Hawkins

Brewer and pub operator Greene King has announced its tied pub tenants will be given at least a 40% rent discount until Christmas.

Analysis

Are we at the pub jobs cliff edge?

07-Oct-2020 By Nikkie Thatcher

Several pubcos have warned of severe job cuts as the end of furlough approaches, meaning experts' predictions at the start of the pandemic are beginning come true.

Greene King to shut 79 sites and cut up to 800 jobs

07-Oct-2020 By Nikkie Thatcher

Suffolk-based pubco Greene King is preparing to close 79 venues and cut hundreds of jobs due to a fall in trade.

Greene King and International Slavery Museum announce education partnership

02-Oct-2020 By Stuart Stone

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.

Jobs round-up

New role for JW Lees boss, H&W strengthens board, Boxpark adds COO from former Fuller's brand

10-Sep-2020 By Stuart Stone

In addition to Thwaites and Deltic outlining redundancy programmes, record Greene King tenanted and leased applications and the protection of hundreds of jobs at embattled bar operators, a number of hospitality businesses have recently revealed new appointments....

Greene King sees record number of new T & L applications

04-Sep-2020 By Nikkie Thatcher

Pubco Greene King’s tenanted and leased arm Pub Partners has recorded its highest number of new applications across this summer.

Property round-up

Shepherd Neame invests £1.5m, Inn Collection Group’s 15th site, BrewDog Plymouth confirmed

02-Sep-2020 By Stuart Stone

In addition to Kent-based brewer and operator Shepherd Neame investing a seven figure sum in one of its waterside pubs, Greene King, The Inn Collection Group and BrewDog have all confirmed new venues.

'London is open' message desperately needed, CEOs urge

01-Sep-2020 By Emily Hawkins

Commuters, tourists and residents need to be encouraged to get back to drinking and dining in the capital to secure the recovery of hospitality there, chief executives have said in a letter to the Prime Minister and Mayor of London.

Greene King and Prince’s Trust partnership to create 1,000 jobs for young people

27-Aug-2020 By Stuart Stone

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.

Greene King announces 40% rent concession for tied tenants

25-Aug-2020 By Nikkie Thatcher

Pubco Greene King has revealed £6m worth of financial support for its 975 tied tenants following the coronavirus lockdown including tapered rent concessions.

Greene King reports £273m loss for 2020 financial year

21-Aug-2020 By Nikkie Thatcher

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.

£2m support pledged to Greene King independent pubs

23-Jul-2020 By Nicholas Robinson

Greene King has made £2m in support loans available to its 6,500 independent free-trade pubs as part of its 'Bounce-Back' measures.

Majority of customers feel safe returning to pubs

15-Jul-2020 By Nikkie Thatcher

Almost all (99%) customers said they felt safe visiting a pub while 98% felt comfortable about returning to one in the future, a new survey has found.

Greene King to open three quarters of its managed pubs on 6 July

25-Jun-2020 By Nikkie Thatcher

Suffolk-based brewer and pub operator Greene King will open 1,294 of its managed pub estate two days after pubs are allowed to resume trading.

Greene King labels founder profiting from slavery ‘inexcusable’

18-Jun-2020 By Nikkie Thatcher

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”.

Greene King announces ‘Pub Safe’ pledges for reopening

12-Jun-2020 By Nikkie Thatcher

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.

#Unitedwestand

Greene King expands takeaway and delivery outside London

04-Jun-2020 By Nikkie Thatcher

Pub company Greene King is broadening its delivery and takeaway services to pubs across the nation amid the coronavirus lockdown.

Greene King offers rent cut of 90% to support tenants for restart

21-May-2020 By Ed Bedington

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.

#UnitedWeStand

Alcohol and furniture stolen in raid on GK pub

27-Mar-2020 By Alice Leader

Police have blamed travellers of breaking into and damaging a recently refurbished Greene King pub, and for taking alcohol and furniture.

#Unitedwestand

Greene King boss takes 50% pay cut amid Covid-19 pandemic

27-Mar-2020 By Nikkie Thatcher

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%.