By M&C Report team2012-09-03T14:06:00+01:00
Average freehold pub prices have fallen by 34.7% post-coronavirus, according to Fleurets’ Survey of Pub Prices 2020.
JD Wetherspoon chairman Tim Martin has sold 4.37m of the Company’s ordinary shares, at a price of £11.50, netting him £50m, but reducing his holding in the company to 21.88%.
If Government looks to reintroduce the “ridiculous” restrictions on pubs seen under the tiering system, the industry “will resist”, Hawthorn CEO Mark Davies has told MCA.
Three in four wet led pubs (74%) are still yet to receive their Christmas grant promised to them at the beginning of December 2020.
Rekom UK CEO Peter Marks has said he would rather “wait a little bit longer” for reopening, than dilute the nature of the business’ offer.
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