By M&C Report team2010-08-09T17:17:00+01:00
A one-off grant of £1,000 for wet-led pubs forced to close because of coronavirus has been criticised for not doing enough to support pubs through winter.
England will be left with just a fraction of its pubs being able to trade in conditions resembling normal, the country set to go back into “lockdown in all but name”.
The pandemic will wipe £14bn from the pub sector in 2020, but the market is forecast to make a tentative recovery in 2021, Lumina Intelligence reports.
JD Wetherspoon chairman Tim Martin has sold £5m worth of shares in the company.
Welsh pubco and retailer SA Brains will close more than 100 managed pubs from Friday, chief executive Alistair Darby has said.
Greene King Pub Partners has announced further rent support, confirming all tied tenants in tiers 2 and 3 will receive a 90% rent concession from 2 December.
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