By M&C Report team2004-04-29T10:37:00+01:00
Investors have snapped up hospitality and leisure stocks following the announcement by Boris Johnson of his roadmap out of lockdown on Monday.
JD Wetherspoon chairman Tim Martin has called on the government to open pubs at the same time as non-essential shops reopen, stating that the industry is “on its knees”.
JD Wetherspoon (JDW), and other low-ticket operators, are more likely to be hit post-Covid working patterns, as well as any further downturn in the economy, according to analysts Peel Hunt.
BrewDog has achieved certified B Corp status, making it the only hospitality business in the UK to achieve the accolade.
Hawthorn CEO Mark Davies is the latest pubco boss to call on the Prime Minister to offer strong support for the sector in his upcoming reopening announcement.
Patrick Dardis, chief executive of Young’s Pubs has told the Evening Standard that although he would have preferred an April reopening date for the pub sector, he would take a clear roadmap with a later opening over uncertainty.
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