By M&C Report team2005-03-13T08:39:00+00:00
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
The British Beer & Pub Association (BBPA) has said the pandemic has demonstrated the strengths of the leased and tenanted model and that wholesale changes to the Pubs Code could undermine the relationship between pub company and tenant or lessee.
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
Read the Digital Edition now
Mitchells & Butlers has reported like-for-like sales were 97% of pre-Covid levels, in the 18 weeks since 17 May, with the most recent eight weeks up to 104%.
The Clive Watson-led group has added the Grade II listed Cliftonville Hotel in Cromer, Norfolk, to its portolio, for £1.7m.
Chief Executive Simon Emeny said life was “gradually returning to normal”, with a return of customers to its central London pubs.
Site powered by Webvision Cloud