Large pub companies are better placed to bounce back from Covid-19 than smaller operators and independents – and could even gain market share – according to a report by global credit ratings agency S&P Global.
Star Pubs & Bars has responded to a petition, which calls upon the pubco to reverse its decision to take back the lease from current licensees at the Red Lion, Enfield Highway, north London, who have been at the site for almost two decades.
Despite the challenge of one of the toughest years on record, pub companies across the UK have continued to excel, and this year’s Publican Awards has honoured those that continued to fly the flag in the face of utter chaos.
Despite cold weather deterring a number of pub goers from making use of outdoor areas, the Trinity Arms in Jersey has made a positive start to post-lockdown trading, according to general manager Patrycja Bosak.
Pub operator Fuller, Smith & Turner has revealed a swing of around £40m from profit to loss in its financial results for the 26 weeks to 26 September after its pubs spent more than half of the period in lockdown.
JD Wetherspoon (JDW) saw year-on-year sales drop by more than a fifth (22.5%) on Saturday 12 September amid national reports of pubs and bars being flooded with customers ahead of the Government’s ‘rule of six’ coming into force today (Monday 14 September).