Red Oak Taverns has completed the acquisition of three pubs from Reclamation Inns for an undisclosed sum. The three pubs, The Great Western, Bewdley, The Railway in Alsager, Crewe and The Black Boy, Bridgnorth will be added to the pub company’s current portfolio of 177 pubs. Speaking about the acquisition, co-founder and Chief Executive of Red Oak, Mark Grunnell said: … [Read more...]
PM’s promise of pub grants lifeline remains undelivered
The British Beer & Pub Association has revealed that 3 in 4 wet led pubs are still yet to receive their Christmas grant promised to them by the Prime Minister at the beginning of December 2020. The Prime Minister personally announced the one-off grant, worth £1,000 per pub, to assist wet-led pubs forced to close through Christmas. Over a usual festive period, the average … [Read more...]
Licensed Trade Charity to manage ‘Lockdown 3’ support fund for Greene King workers
Greene King is launching its second COVID emergency support fund later this month to help its team members most in need during lockdown 3. The new Team Member Support Fund follows the first fund which ran from March to June last year, where Greene King donated £650,000 in grants for team members to access essential food and retail vouchers. The fund will again be managed … [Read more...]
BBPA CEO tells Sky News support for pubs more essential than ever to reach Spring
Emma McClarkin, chief executive of the British Beer and Pub Association, tells @skygillian that the 'road to profitability is exceptionally long', as over 2,000 pubs have permanently closed because of the #coronavirus pandemic. Today's top stories: https://t.co/5wMjL6kfzK pic.twitter.com/C0La4eCjBu — Sky News (@SkyNews) December 30, 2020 Emma McClarkin, chief executive … [Read more...]
Leicestershire County Council support local pubs unable to open
The British Beer & Pub Association has responded positively to Leicestershire County Council’s innovative initiative that offers a one-off payment of £1,000 to support small village pubs which are unable to open their doors over the festive period. Launched today, the initiative – thought to be the only one of its kind in the country – is designed to keep people in jobs, … [Read more...]
Stonegate extends support for pubs in all three tiers
Stonegate Pub Company has announced continued business support within its leased and tenanted business, Ei Publican Partnerships, in response to the Government’s new restrictive COVID-19 tier system. The additional support, which will apply until further notice, includes credits of 90% for rent, tie release fees and fixtures and fittings rental charges for all tied publicans … [Read more...]
Greene King confirms 90% rent concessions
Greene King Pub Partners has continued its rent support for tenants during the Covid-19 crisis by confirming that all tied tenants in tiers two and three will receive a 90% rent concession from 2 December. Meanwhile, tied tenants in tier one will receive a 40% rent concession. As it stands, however, out of Greene King’s 875 pubs in England there are none in a tier one … [Read more...]
Tier 3 forces and Tier 2 causes 30,000 pub closures
With 16,454 pubs in tier 3 forced to close, and trading conditions in tier 2 causing 13,920 to do the same, the pub landscape in England is changing before our eyes. The British Beer & Pub Association has today revealed that tighter tier two and tier three restrictions being placed on almost every English region as announced today will have a devastating impact on over … [Read more...]
Mitchells & Butlers cut 1,300 jobs after £300 million reversal in results
Mitchells & Butlers is the latest pub group to announce major redundancies as circa 1,300 people have lost their job following a pre-tax loss of £123 million for the year to 26 September. The loss when compared to a profit of £177 million for the same period last year, shows a £300 million reversal in results. Pub brands in the Mitchells & Butlers portfolio includes … [Read more...]
Liberation buys 21 Wadworth pubs
Wadworth earlier today confirmed the exchange of contracts for the sale of 21 pubs to Liberation Group but did not disclose the financial details of the transaction. Jonathan Lawson, CEO, Liberation Group commented: “We are delighted to be welcoming the teams of these fantastic pubs to join Liberation Group and Butcombe Brewing Co. “We have worked closely with Wadworth to … [Read more...]
Duchess of Cornwall’s virtual Meals on Wheels Week 2020 pub visit
HRH The Duchess of Cornwall marks Meals on Wheels Week 2020 with a virtual visit to The Bevy community pub and Meals on Wheels service in Moulsecoomb, Brighton. The National Association of Care Catering (NACC) and The Bevy community pub in Moulsecoomb, Brighton, welcomed a very special guest this week. Her Royal Highness The Duchess of Cornwall made a virtual visit to … [Read more...]
U-Turn on alcohol sales welcomed, but not enough
To the enormous relief of English pubs and restaurants the government has reversed its decision to ban alcohol sales during the new lockdown. The news is good, but much more support will be needed to see many businesses through the month ahead. The about turn was the result of enormous lobbying from hospitality and beer trade bodies, and was only made at 16.00 … [Read more...]
Industry regulator fines Heineken £2m for forcing pubs to sell its brands
The pubs code adjudicator has fined Heineken £2 million for forcing publicans through its pubs business, Star, to sell ‘unreasonable’ amounts of its own beer brands. The investigation found Heineken imposed unfair conditions on landlords who sought to go ‘free of tie’ via a process that allows them to break a centuries old beer tie arrangement where they receive reduced pub … [Read more...]
Marston’s shed 2,100 jobs as furlough end approaches
Today sees what is expected to be a flood of job losses start to show as the government’s furlough scheme approaches its end. More than 2,100 people at pub chain Marston’s face losing their jobs, as the business reacts with job cuts to tackle a deepening Covid-19 economic crisis. In a statement to the City earlier today, Marston’s said it believed consumer confidence had … [Read more...]
Greene King rent support extended ahead of anticipated pub closures
Greene King Pub Partners has announced all its tied pub tenants will receive at least a 40% rent discount up until Christmas, with pubs that are closed under government measures receiving a 90% rent discount. It brings its estimated financial support for its 975 tied tenants to more than £25m since the Covid-19 pandemic closed the UK’s pubs. All tied tenants were notified … [Read more...]
Government rationale for 10pm curfew questioned further by Young’s CEO and BBPA
10pm curfew questioned: The British Beer & Pub Association has welcomed the new package of support announced yesterday by Chancellor Rishi Sunak for pubs that will be forced to close in future lockdowns. As part of the package, the Chancellor announced an expanded Job Support Scheme for businesses forced to close, whereby the Government will cover two-thirds of pay for … [Read more...]
Greene King announce 79 pub closures, then Nicola Sturgeon closes a further 125 for them the same day
Greene King pub closures - Greene King has announced that it will reduce its workforce further, seeing 800 more people lose their jobs as the impact from Covid-19 restrictions on hospitality businesses strikes harder. The pub group said that pubs will have to close, 79 pubs already shut will remain closed until further notice, with at least 30% to be shut permanently. The … [Read more...]
