By M&C Report team2006-06-25T14:11:00+01:00
More than half (57%) of 18-25-year-olds support the introduction of vaccine passports as a condition of entry for nightclubs, according to a new poll from YouGov.
Britain’s managed pub, restaurant and bar groups saw sales drop just 1% in June from the same month in 2019, according to the Coffer CGA Business Tracker boosted by good weather.
The hospitality industry is about to enter “a very big grey area” and until the government gives greater clarity on what it wants the industry to do with regards to issues like the wearing of face masks, “we are all going to be flying a little bit differently”, according to Tortilla MD Richard Morris.
MCA’s annual Pub Conference is back with an action-packed agenda full of speakers from the biggest operators in the sector.
MCA caught up with Ralph Findlay, chief executive of Marston’s, following the group’s Q3 trading update. He discussed the group’s increasing focus on premium pubs and the benefits of a technology upgrade. While describing the pingdemic as a “severe headache” and voicing concerns around VAT and price rises, he was nonetheless optimistic about the pub sector’s potential for recovery.
Marston’s Q3 trading update has been welcomed by analysts, with Shore Capital describing it as an “encouraging update”, while Singer described it as “highly pleasing.” With limited impact from either cost inflation and pingdemic related labour issues analysts either maintained or upgraded to a buy recommendation.
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