Independent Operators

'Ongoing uncertainty': 'we have taken the unwelcome decision to initiate a programme of redundancies to ensure our cost base reflects the environment we expect to operate in over the coming months' Thwaites' Richard Bailey said

Thwaites begins redundancy programme

By Stuart Stone

Lancashire-based brewer and pub operator Daniel Thwaites has taken the 'unwelcome decision' to initiate a programme of redundancies in light of uncertainty around winter trading conditions.

Operating prediction: Laine directors said after reopening on 4 July, trade had exceeded expectations

Laine reports losses of £8.4m

By Finn Scott-Delany, MCA

Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019, following a profit of £1.1m in 2018.

Trade insight: operators have told of their despair around the lack of clarity as to when late-night venues can reopen

Lights out for late night?

By Georgia Cronin, MCA

Having already provided your full name and contact details, you pass by the thermal imaging camera and through the personal protection tunnel, where you remain for five seconds to ensure the chlorine dioxide has thoroughly disinfected your clothes and...

Radio silence: the Government has yet to reveal when late-night venues can resume trading

Still no clarity on nightclub reopening date

By Nikkie Thatcher

While the Government has announced a slew of hospitality businesses can now reopen, it has remained tight-lipped on when the late-night sector venues can trade again.

Company confidence: 'we are encouraged by the initial strength of our trading performance to date,' Loungers' latest trading update explained

‘Encouraging’ July trading for Loungers

By Stuart Stone

Café-bar operator Loungers has revealed relatively flat year-on-year July trading across its 165-strong stable despite post-lockdown trading restrictions.

'Transformational year': 'it is easy to forget the financial year started in April 2019 with the sale of the Fuller’s Beer Business to Asahi Europe for an enterprise value of £250m,' Fuller's Simon Emeny said

Coronavirus puts £10m dent in Fuller’s figures

By Stuart Stone

Fuller, Smith and Turner is in a ‘stronger position than many’ according to its chief executive, despite the coronavirus’ estimated eight-figure impact on company trading.

Covid response: 'these are challenging times and we have had to make some difficult decisions,' Liberation Group CEO Jonathan Lawson said of the restructure

Liberation Group reshuffles senior team

By Stuart Stone

Channel Islands-based pub company the Liberation Group has announced the creation of two new senior roles as part of its response to the ongoing Covid-19 pandemic.

Operator panel: (l-r) Sacha Lord, Martin Wolstencroft and Tobias Jackson outlined their concerns about city venues

MA500

‘We aren’t out of the woods yet’

By Nikkie Thatcher

Urban-based operators voiced their concerns for city centre businesses amid reopening and looking ahead due to rules on public transport and customers wanting to stay local.

New appointments: (l-r) Mike Smith, Dermot King and Peter Borg-Neal from Oakman Inns

Changes afoot at Oakman Inns

By Nikkie Thatcher

Multiple operator Oakman Inns has announced board changes and an update on how its pubs have traded since reopening last weekend (Saturday 4 July).

Path to recovery: 'this is the first time in the company’s long history of over 300 years that our business has been interrupted,

Shepherd Neame banks £25m ahead of July restart

By Stuart Stone

Kent-based brewer and pub operator Shepherd Neame has agreed a £25m borrowing facility through the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS).

Changing times: the July MA500 is a one-off edition of the conference

MA500

One-off July MA500 agenda revealed

By Nikkie Thatcher

The Morning Advertiser (MA) is set to host a special edition of the MA500 conference this summer, as pubs begin to reopen and adapt to the changed marketplace.

Pre-launch funding: Young's has raised gross proceeds of approximately £85.5m with an additional £2.7m coming from retail investors

Young’s taps investors for £88.4m

By Stuart Stone

London-based pub operator and brewer Young’s Pubs has raised gross proceeds of £88.4m through a share placing as it prepares to resume trading.

Trade resumption: the Ostrich in Bristol will be one of three Butcombe pubs to begin post-lockdown trading on 8 July

Butcombe to reopen pubs from 8 July

By Stuart Stone

Liberation Group owned brewer and pub operator Butcombe Brewing Co has revealed that three of its pubs will resume trading on 8 July as part of a staggered opening schedule.

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