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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Jul- 2020 -3 July
BBPA urges Welsh government to confirm reopening dates
The British Beer and Pub Association (BBPA), has urged the Welsh government to confirm when all pubs, rather than just those with outdoor space, will be able to reopen in Wales as “a matter of urgency”. The call comes as the Welsh government today announced that pub beer gardens will…
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2 July
Mitchells and Butlers swings to £121m loss
Mitchells and Butlers sales fell by 12.4% to £1.04bn in the half-year ended 11 April, while adjusted operating profit was £108m, down from £151m the year prior. In light of the pandemic and consequent lockdown, the group fell to a pre-tax loss of £121m. The group also made an operating…
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Jun- 2020 -29 June
Revolution outlines ‘cautious’ reopening
Ahead of the hospitality sector’s reopening later this week, Revolution Bars has confirmed its intention to reopen six of its bars on 6 July, and keep them open for a “minimum” period of two weeks. The “cautious” recommencement of trading forms part of the group’s plan to “fully test” customer…
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26 June
Marston’s profits plunge as Covid-19 leads to £40m sales hit
Marston’s has said it remains “uncertain” about its short-term financial outlook, after its profits took a £40m hit following lockdown. Its latest update comes ahead of the reopening of its estate on 4 July. The brewer and operator revealed that its underlying profit before tax was £9.4m in the half-year…
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26 June
BBPA welcomes plans for ‘Al Fresco Pubs’, as pubs face 30% reduction in capacity
The British Beer and Pub Association (BBPA) has welcomed plans for ‘Al Fresco Pubs’, whereby pubs will be given more freedom to serve customers outside. The trade association said the move will help pubs on their road to recovery, as it reveals today that pubs in England face a 30%…
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25 June
Diageo launches $100m recovery fund to help pubs and bars
Diageo has today announced a new global programme to support pubs and bars to welcome customers back and recover following the Covid-19 pandemic. ‘Raising the Bar’ will be a two-year programme available from July 2020. Diageo will provide $100m (£80.4m) to support the recovery of major hospitality centres, including: New…
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25 June
SIBA warns further support for small brewers still needed
The Society of Independent Brewers (SIBA) has warned that pubs reopening is just the first step on the road to recovery for the beer industry, with further support for small brewers still needed to “keep beer flowing”. Earlier this week, the PM said the existing guidance on two metres’ social…
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25 June
Young’s raises £88m from investors
Young’s has tapped more than £88m from its investors through a share placing ahead of pubs reopening from next week. The pub operator said it had placed a total of 4,263,453 placing shares at 1,160p per share, and 4.9m non-voting shares at 735p per share to raise £85.5m. In addition,…
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24 June
145 million additional pints to be sold with one-metre rule
Following the government’s announcement that social distancing is to be reduced to one-metre, CGA has calculated the precise sales boost this could give hospitality. According to the data group, the move would allow for 145 million additional pints of beer to be sold through the hospitality sector, compared with what…
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23 June
Star Pubs and Bars reveals £250k investment package
Star Pubs and Bars has announced it is investing in a “comprehensive” reopening support package for its 2,500 pubs. The package includes a £250,000 investment into point-of-sale safety materials, with a free pack available to every licensee. The latest investment adds to Star Pubs and Bars’ £21m investment in rent…
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