Pubco + Head Office

Job losses: M&B is the latest pub group to reveal it is consulting on redundancies

M&B announces redundancy consultation

By Nikkie Thatcher

Mitchells & Butlers (M&B), the pub company behind brands including Sizzling Pubs, Toby Carvery, All Bar One and Nicholson’s, has opened redundancy consultations for staff.

Trade issue: a number of pub groups have announced many jobs at risk amid the coronavirus pandemic

Analysis

Are we at the pub jobs cliff edge?

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.

Property moves: which sites have been reopened, revamped or changed hands in the past week?

Property round-up

New sites for Trust Inns and Arc Inspirations

By Stuart Stone

While multiple operators Trust Inns and Arc Inspirations have both announced expansions, brewer and pub operator Greene King announced the closure of more than half of its Loch Fyne sites.

Property moves: which sites have been reopened, revamped or changed hands in the past week?

Property round-up

Star Pubs & Bars and Hook Norton Brewery revive listed pubs

By Stuart Stone

Heineken's pub arm pledged more than £600,000 to reopening a Dundee pub which has been closed for the last four years while Oxfordshire-based Hook Norton Brewery has put wheels in motion at a 17th century coaching inn.

All options open: Revolution's board believes the long term nature and potential impact of the Government's latest trading restrictions mean it must consider all necessary options, including a CVA

Revolution Bars Group considers CVA

By Stuart Stone

The nationwide operator of 74 Revolution and Revolucion de Cuba bars has confirmed it is working with advisors to secure its long-term viability.

New normal: 'I am particularly impressed by the way in which our teams have made this possible by responding to the challenge of our new operating environment with energy and enthusiasm,' M&B's Phil Urban said

M&B sales slip 6.4% post-EOTHO

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed its like-for-like sales for the first three weeks of September are down versus its Eat Out to Help Out boosted August numbers.

Up to 6,000 jobs cut: 'these changes create a more flexible labour model that can adapt with changes in the demand environment going forward,' Whitbread said of redundancy proposals

Whitbread to cut 6,000 jobs

By Stuart Stone

The operator behind brands such as Brewers Fayre, Beefeater and Premier Inn has announced that as many as 6,000 members of staff could face redundancy following a collapse in sales during the coronavirus crisis.

Covid and the code: a top concern expressed by tenants since lockdown began has been their rent levels.

Opinion

Rents, Covid and the code

By Fiona Dickie – pubs code adjudicator

A top concern expressed by tenants since lockdown began has been their rent levels. They want to know what the Pubs Code and the PCA can do. I am pleased to have this opportunity to set out the position.

Insolvency impact: whether a business is being wound up for good or insolvency is part of a re-structuring or rescue package, premises licences implications must be addressed

Licensing Hub – Legal with Poppleston Allen

Insolvency and your premises licence

By Poppleston Allen

Sadly there are more hospitality businesses becoming insolvent due to the impact of Covid-19.

'Unreasonable and unsustainable': a group formed by the tenants of 202 pubs owned by Global Mutual will deliver a letter to Small Firms Minister Paul Scully

Tenants to protest pub-owning hedge fund’s rent relief

By Stuart Stone

A group formed by the tenants of 202 pubs owned by Global Mutual will march on Whitehall to deliver a letter to Small Firms Minister Paul Scully today (9 September) despite the hedge fund stating that it has provided £4.4m worth of pandemic support thus...

'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.