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By M&C Report team2012-02-23T00:01:00+00:00
Young’s could step up its acquisition of managed pubs if its mooted disposal of the Ram Pub Company goes ahead.
The decision by Young’s to divest its tenanted division Ram Pub Company is actually part of the pub operator and brewer’s growth strategy, “if it comes to fruition”, chief executive Patrick Dardis has told MCA.
Young’s saw group revenue fall by around 30% on the previous year, for the 52 weeks to 29 March 2021, from £311m in 2020, to £90.6m.
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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