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By M&C Report team2011-01-26T14:40:00+00:00
Admiral Taverns has achieved an underlying operating profit of £11.1m, down from £17.2m in 2019, for the 52 weeks to 30 May 2020.
Chris Jowsey, chief executive of Admiral Taverns has warned that up to 25% of its pubs could close if the government brings in an outdoor-only policy when restrictions are relaxed for pubs.
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.
BrewDog has promised to “listen and learn” after an explosive open letter was released by former staff accusing the craft beer company of presiding over a toxic work culture.
The government is looking at a “mix-and-match” approach to easing lockdown restrictions, with nightclubs not expected to be allowed to reopen “for a while”.
Drake & Morgan has secured approval to enter a Company Voluntary Arrangement (CVA), with 90% of creditors voting in favour of the proposals at a meeting last week.
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