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By M&C Report team2011-06-08T15:26:00+01:00
Pub operator Antic London has secured a seven-figure CBILS funding package through alternative SME lender ThinCats.
Nightcap CEO Sarah Willingham has said she hopes her newly listed late-night group will come the go-to fund for distressed but sound businesses needing to restructure.
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.
Hawthorn CEO Mark Davies has told MCA the “sky’s the limit” for the pub company when it lists as a separate entity.
The strength of the tied model has been validated during the pandemic thanks to the support that pubcos have been able to provide to their tenants, according to Clive Chesser, chief executive of Punch Pubs.
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