All Pubs articles – Page 29
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NewsGeorgel: ‘No one knows how the public will respond when controls are relaxed’
St Austell CEO Kevin Georgel has added his voice to call for support for the “squeezed middle” of pubs with a rateable value over £51,000.
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NewsGeorgel: No blanket policy towards tenants
St Austell CEO Kevin Georgel has told MCA the pub operator and brewer will be accountable for the way it acts towards its tenants during the crisis - “by our tenants and no one else”.
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NewsPCA calls for clarity on pubco tenant support
The Pubs Code Adjudicator has called on pubcos refusing to waive rent to clarify how they plan to back tied tenants through the ongoing pandemic.
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NewsRent cancellations: ‘As soon as you do it for one, you have to do it for everyone’
Rent has emerged as one of the central and most polarising issues during the coronavirus crisis, creating an us versus them dynamic as operators look to drastically cut costs and wind down their businesses.
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NewsBBPA: Pub tenants have government support to pay rent
This is an extraordinary time for our sector, the like of which we have never seen before, and it is important that we all work in partnership to protect it. That is why we acknowledge the calls many publicans are making on rent payments and recognise the pressures they face.
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NewsPubcos respond to calls for rent cancellation
Pubco bosses have responded to calls to cancel rents for tenants, pointing to the government’s package of support for small businesses, the Morning Advertiser reports.
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NewsCity Pub Co raises £15m after share placing
City Pub Group has raised £15m from existing shareholders and other institutional investors this morning after placing 30m of new ordinary shares.
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NewsGreene King confirms pay and furlough for all 38,000 staff
Greene King has confirmed pay and furlough arrangements for its 38,000 team members while its pubs remain closed due to coronavirus.
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NewsCity Pub Group to raise new equity through placing and open offer
City Pub Group has announced a placing and open offer to raise new equity of £22 million.
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NewsShepherd Neame puts 85% of staff on leave
Shepherd Neame is putting the majority of its staff on temporary leave while asked those remaining to take pay cuts.
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NewsJDW agrees to pay furloughed staff
JD Wetherspoon has reversed a decision to withhold staff pay until a government rescue package kicks in.
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NewsJDW asks suppliers for payment moratorium
JD Wetherspoon boss Tim Martin has asked suppliers for a moratorium on payments until the business’ massive pub estate reopens to the public.
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NewsPubs can serve hot food for takeaway and delivery
Pubs will still be able to sell food for delivery and takeaway while closed to the public, the government has confirmed to The Morning Advertiser.
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NewsWetherspoon able to maintain operations in time of uncertainty following strong H1 results
Wetherspoon has “sufficient liquidity to maintain operations at a substantially lower level of sales,” said chairman Tim Martin in a statement regarding its H1 financial report.
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NewsShepherd Neame directors take 20% pay cut
Shepherd Neame said it was inevitable trading “will deteriorate rapidly” as it introduces a number of precautionary measures.
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NewsJDW: Dutch approach in tune with ‘robust instincts of the nation’
Wetherspoons chairman Tim Martin has described the government’s de facto lockdown as a “tactical error”, and called for it to adopt the Dutch position.
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NewsCity Pub Co takes steps to preserve cash
City Pub Company has reported turnover up 11% against the same period last year, but like for like sales down 4.5%, for the first 11 weeks to 15 March 2020.
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NewsThousands of pubs will close without support - BBPA
Thousands of pubs and hundreds of thousands of jobs will be lost in the short term unless the industry is provided with cash and liquidity, the British Beer & Pub Association has warned.
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Analysis & InsightOne in four young people go teetotal
Low2No is set to be one of the key trends of 2020 as almost one in four young people are now teetotal, new figures released in Society of Independent Brewers British Craft Beer Report. With growing health consciousness as a key concern, the number of 18-24 year olds who have ...
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NewsShepherd Neame sees strong H1 performance
Shepherd Neame has reported a strong performance in both managed and tenanted estate in its financial results for the 26 weeks ended 28 December 2019.