Pubs and Bars
The latest news and updates on pubs and bars, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Aug- 2020 -27 August
Greene King partners with Prince’s Trust to create 1,000 new jobs
Greene King is ‘‘strengthening its partnership’’ with The Prince’s Trust, with a new five-year agreement to create 1,000 job opportunities for young and BAME people. The pub company and brewery has worked alongside the charity for the past four years, supporting 440 young people across the country in getting job…
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26 August
Greene King announces rent concessions for tied tenants
Greene King Pub Partners has announced a further £6m of financial support for its leased and tenanted partners, as they work to rebuild their businesses following the Covid-19 closure. The current rent concessions from Greene King Pub Partners are due to come to an end eight weeks after reopening. The…
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24 August
Prospect Bars and Pubs adds second site
Prospect Bars and Pubs’ Dan Shotton and Mark Draper have taken on a second site, The Victoria in Woodham. The former owners of Redcombe pubs are undertaking a joint £580,000 refurbishment with Star Pubs and Bars, owners of The Victoria, which has been closed for 14 months. Following the launch…
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24 August
JD Wetherspoon warns of loss following pandemic
JD Wetherspoon has announced that like-for-like bar and food sales were down by 16.9% in the 44 days to 16 August 2020, adding that it expects to make a loss for the year ended 26 July, 2020. In its latest trading update, the pub chain noted that sales have gradually…
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20 August
Greene King swings to loss in full-year results
Greene King has swung to a pre-tax loss of £273m in the full-year ended 26 April, down from a profit of £172.8m reported in 2019. It comes after exceptional and non-underlying costs hit £380.6m in the period, up from £74.1m the year before. In the same period, revenue fell by…
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14 August
Brewhouse & Kitchen sales up 115% thanks to Eat Out to Help Out
Brewhouse and Kitchen, the 22-site national brewpub group, has reported that sales have grown by 115% during the first six days in which the Eat Out to Help Out scheme. Following its staggered reopening, the group had already achieved growth of 6.1% during its first four weeks of trading, with…
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14 August
BBPA welcomes no US tariff on beer for British brewers
The British Beer and Pub Association (BBPA) has welcomed the decision from the US not to place tariffs on beer imported from the UK. According to the trade union, the US Trade Representative (USTR) was considering revising the retaliatory tariffs it has placed on various goods imported from EU countries…
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13 August
Hospitality sales halve in July
Managed pub, restaurant and bars saw total July sales down 50.4% against the year before, according to the latest data from CGA’s Coffer Peach Business Tracker. While the overall market reported trading that was “well below” July 2019 levels, the London market “struggled” the most, with London trading down 58.3%…
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11 August
Hospitality Ulster urges NI executive to create ‘financial rescue package’
Trade body Hospitality Ulster has called on the Northern Ireland executive to create a “financial rescue package” for staff and owners of traditional non-food pubs to avert mass redundancies and business closures as a new indicative date for reopening moves to 1 September. The organisation has stated that the call…
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10 August
The Great British Beer Festival goes virtual
The Great British Beer Festival, which usually takes place this week at Olympia in London, is making its virtual debut from 11-13 September 2020. For the first time ever, visitors to CAMRA’s beer event can purchase a ticket to a weekend of live beer tastings that will run from 2pm…
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