Ma500

'Ongoing uncertainty': 'we have taken the unwelcome decision to initiate a programme of redundancies to ensure our cost base reflects the environment we expect to operate in over the coming months' Thwaites' Richard Bailey said

Thwaites begins redundancy programme

By Stuart Stone

Lancashire-based brewer and pub operator Daniel Thwaites has taken the 'unwelcome decision' to initiate a programme of redundancies in light of uncertainty around winter trading conditions.

Operating prediction: Laine directors said after reopening on 4 July, trade had exceeded expectations

Laine reports losses of £8.4m

By Finn Scott-Delany, MCA

Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019, following a profit of £1.1m in 2018.

Why is BrewDog carbon negative?

‘It was 50/50 whether BrewDog would make it through lockdown’

By Nikkie Thatcher

The enforced coronavirus lockdown meant Scottish brewer and bar operator BrewDog lost 70% of its revenue overnight, causing co-founder James Watt serious concerns over whether the business would be able to trade once restrictions were lifted.

Trade insight: operators have told of their despair around the lack of clarity as to when late-night venues can reopen

Lights out for late night?

By Georgia Cronin, MCA

Having already provided your full name and contact details, you pass by the thermal imaging camera and through the personal protection tunnel, where you remain for five seconds to ensure the chlorine dioxide has thoroughly disinfected your clothes and...

Sustainability scheme: BrewDog has announced it plans to become carbon negative

BrewDog is now ‘carbon negative’

By Nikkie Thatcher

Scottish brewer and operator BrewDog has announced it takes twice as much carbon out of the air as it emits in a bid to become the “world’s first carbon negative international beer business”.

'Serious impact': Adnams' H1 results revealed a pre-tax loss of £3.5m for the first six months of 2020 compared to a loss of £800,000 in 2019

Adnams pre-tax losses increase to £3.5m

By Stuart Stone

Suffolk-based brewer and pub operator Adnams has reported further losses as a result of the “serious impact” of the coronavirus crisis on the business.

Radio silence: the Government has yet to reveal when late-night venues can resume trading

Still no clarity on nightclub reopening date

By Nikkie Thatcher

While the Government has announced a slew of hospitality businesses can now reopen, it has remained tight-lipped on when the late-night sector venues can trade again.

Company confidence: 'we are encouraged by the initial strength of our trading performance to date,' Loungers' latest trading update explained

‘Encouraging’ July trading for Loungers

By Stuart Stone

Café-bar operator Loungers has revealed relatively flat year-on-year July trading across its 165-strong stable despite post-lockdown trading restrictions.

Does delaying opening help pubs?

Wait and see success for pub

By Ed Bedington

In the final recording of our series following one West Sussex pub through lockdown, MA editor Ed Bedington went back to the Lockhart Tavern in Haywards Heath to find out whether their decision to delay reopening by a few weeks has paid off.

'Transformational year': 'it is easy to forget the financial year started in April 2019 with the sale of the Fuller’s Beer Business to Asahi Europe for an enterprise value of £250m,' Fuller's Simon Emeny said

Coronavirus puts £10m dent in Fuller’s figures

By Stuart Stone

Fuller, Smith and Turner is in a ‘stronger position than many’ according to its chief executive, despite the coronavirus’ estimated eight-figure impact on company trading.

Covid response: 'these are challenging times and we have had to make some difficult decisions,' Liberation Group CEO Jonathan Lawson said of the restructure

Liberation Group reshuffles senior team

By Stuart Stone

Channel Islands-based pub company the Liberation Group has announced the creation of two new senior roles as part of its response to the ongoing Covid-19 pandemic.

Operator panel: (l-r) Sacha Lord, Martin Wolstencroft and Tobias Jackson outlined their concerns about city venues

MA500

‘We aren’t out of the woods yet’

By Nikkie Thatcher

Urban-based operators voiced their concerns for city centre businesses amid reopening and looking ahead due to rules on public transport and customers wanting to stay local.

Slow sales: as expected, pubs experienced a drop in like-for-like sales in their reopening week, according to CGA data

Reopening week sees 40% sales dip

By Emily Hawkins

Pub groups reported collective like-for-like sales down almost 40% on the same week last year for their reopening week, according to data from Coffer Peach Business Tracker.

How has lockdown affected consumer behaviour?

In association with Molson Coors

Understanding consumers to rebuild your business

By MA editorial

The re-opening of pubs, bars and restaurants has been long awaited, with enforced closures of 15 or more weeks being something that is truly unprecedented for the industry.