MA Leaders Club

Insufficient backing: 'The Government support offered to pubs in tier three in England, and to those affected by widespread closures in Scotland, and the Fire Break in Wales from this Friday, simply does not go far enough,' Hawthorn boss Mark Davies explained

Hawthorn Leisure to cover rent for closed pubs

By Stuart Stone

New River REIT’s pub arm, Hawthorn Leisure, has revealed that pubs shuttered under the Government’s tier three measures, Wales’ ‘fire break’ lockdown and Scottish restrictions will receive a 100% rent credit.

Government ask: “I’d want rid of the curfew all together. To have customers in an environment where they are supervised and controlled,

‘Job Support Scheme is a shambles’

By Nikkie Thatcher

The Government’s replacement Job Support Scheme (JSS), which will take over from the furlough scheme from November, has been criticised by a Leeds-based multiple operator.

All options open: Revolution's board believes the long term nature and potential impact of the Government's latest trading restrictions mean it must consider all necessary options, including a CVA

Revolution Bars Group considers CVA

By Stuart Stone

The nationwide operator of 74 Revolution and Revolucion de Cuba bars has confirmed it is working with advisors to secure its long-term viability.

Strong sales: 'our like-for-like sales of +30% over the last 10 weeks includes the remarkable four weeks of the ‘Eat Out to Help Out’ scheme,' Loungers' Nick Collins said

EOTHO boosts Loungers’ summer sales by a third

By Stuart Stone

According to café-bar operator Loungers’ latest trading update, like-for-like sales grew by 29.9% between 4 July and 13 September largely as a result of the Government-backed Eat Out to Help Out discount scheme.

'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.

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