Pubs, Bars & Clubs News – Page 69
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NewsYoung’s places majority of staff on furlough
Young’s will retain all its staff through the coronavirus crisis by placing the vast majority on furlough – qualifying them for the Jobs Retention Scheme’s 80% Government wage subsidy - and reducing board members salaries by 20%.
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NewsBudweiser pledges £1m to British pubs
Budweiser UK has vowed to donate at least £1 million to British pubs through its new ‘Save Pub Life’ scheme, intended to support the sector during the coronavirus closure period.
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NewsCity Pub Co raises £15m after share placing
City Pub Group has raised £15m from existing shareholders and other institutional investors this morning after placing 30m of new ordinary shares.
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NewsBBPA welcomes self-employed support package
The British Beer and Pub Association has welcomed the Government support package for the self-employed.
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NewsGreene King confirms pay and furlough for all 38,000 staff
Greene King has confirmed pay and furlough arrangements for its 38,000 team members while its pubs remain closed due to coronavirus.
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NewsCity Pub Group to raise new equity through placing and open offer
City Pub Group has announced a placing and open offer to raise new equity of £22 million.
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NewsHall & Woodhouse cancels rent and suspends loan repayments
Pub company Hall & Woodhouse has cancelled all rent and service charges, and suspended loan repayments for eight weeks across its 180-strong estate.
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NewsShepherd Neame puts 85% of staff on leave
Shepherd Neame is putting the majority of its staff on temporary leave while asked those remaining to take pay cuts.
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NewsJDW agrees to pay furloughed staff
JD Wetherspoon has reversed a decision to withhold staff pay until a government rescue package kicks in.
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NewsJDW asks suppliers for payment moratorium
JD Wetherspoon boss Tim Martin has asked suppliers for a moratorium on payments until the business’ massive pub estate reopens to the public.
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NewsStonegate gives regulars a chance to bring the pub home
Stonegate has launched a ‘Pub In A Box’ competition to cheer up its locked down regulars. Supported by Diageo, anyone looking to enter can do so here. “In these tough times community spirit is everything and whilst our doors are closed, we will do all we can to support our customers and team,” said Alan Armstrong, head of marketing at Stonegate.
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NewsPubs can serve hot food for takeaway and delivery
Pubs will still be able to sell food for delivery and takeaway while closed to the public, the government has confirmed to The Morning Advertiser.
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NewsBrewdog to deliver school lunches free
In response to the increasing self-isolation caused by the COVID-19 pandemic, various operators and suppliers from across the hospitality industry have launched community support initiatives to alleviate pressure on health workers and assist the most vulnerable.
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NewsChestnut launches community initiatives
Chestnut Group has announced a range of upcoming initiatives to support its East-Anglian community during the temporary closure period. In line with Government instruction, the 11-strong restaurant and bar group ceased operations in its sites as of Friday (20 March) but has since announced a list of new services that ...
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NewsSt Austell – ‘Government support will enable us to secure hundreds of jobs’
Responding to Friday’s Government announcement detailing its Employee Retention Scheme, Kevin Georgel, St Austell Brewery CEO, has said it “came as both a huge relief and an enormous reassurance to the industry.”
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NewsHawthorn Leisure parent company “well prepared” for pub closures
Hawthorn Leisure parent company New River has said it is “well prepared” to deal with the prospect of a prolonged loss of income from its pub portfolio.
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NewsLoungers, Fuller’s and BRG announce closures, to-go transitions continue
Loungers is the latest operator to announce an estate-wide temporary restaurant closure due to the impact of COVID-19, and Fuller’s will close all London pubs.
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NewsJDW: ‘If pubs shut, the levels of Government support won’t matter’
Wetherspoon plans to keep pubs open “even under extreme duress,” as chairman Tim Martin warned that should they shut, the levels of Government support for employees will be inconsequential to job losses.
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NewsWetherspoon able to maintain operations in time of uncertainty following strong H1 results
Wetherspoon has “sufficient liquidity to maintain operations at a substantially lower level of sales,” said chairman Tim Martin in a statement regarding its H1 financial report.
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NewsNWTC and Ping Pong to close
NWTC and Ping Pong have shuttered their restaurants as the coronavirus outbreak continues to decimate the hospitality industry. In a plaintive message to “all our dumpling fans and dim sum lovers” Ping Pong said “it is with a very heavy heart that we need to announce that all seven of our restaurants will be closed from 8pm tonight, Thursday 19th March, until further notice.