Archives for March 26, 2020

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Self-employed can receive up to 80% of average profits from June

Chancellor of the Exchequer Rishi Sunak has outlined the Government’s plans for self-employed people, with a taxable grant that will cover 80% of individual’s earnings and begin in June.

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‘People and cash flow will get us through’

A focus on the team and cash flow is how North Bar/North Brewing Co is weathering the storm of Covid-19, co-founder Christian Townsley told The Morning Advertiser.

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Shepherd Neame puts 85% of workforce on stand-by

Brewer and pub operator Shepherd Neame has announced its plans for staff payment, which includes asking 85% of its employees to not work and a temporary salary reduction for higher paid staff who are still working.

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Calls for clarity on Government job retention scheme as JDW outlines plans

The boss of JD Wetherspoon says he hopes his staff will receive the first payment under the government’s coronavirus job retention scheme on Friday 3 April, but awaits clarification.

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Bottle shops within breweries exempt from closures

Licensed shops selling alcohol, including those within breweries, are exempt from the UK shutdown, the Government has clarified.

JDW asks suppliers for payment break

Pub behemoth JD Wetherspoon (JDW) has asked suppliers via email for a moratorium on payments until its pubs reopen, at which point it intends to clear outstanding payments within a short time-frame.

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Finance expert’s fears over coronavirus loan scheme

A business finance specialist believes the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) may be making the same mistakes that a previous scheme did when it was launched a decade ago during the financial crisis of 2009.

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What to do with food before closing a pub kitchen

Many pubs are choosing to close entirely rather than continue their operations as a takeaway or delivery service. Two gastropub operators share their advice to pubs closing down their kitchens about what to do with leftover food.

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Daily Bulletin - Thursday 26 March

The Morning Advertiser editor Ed Bedington delivers a rundown of the latest news for pubs in regard to coronavirus including the growing criticism of the banking sector.

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Care for draught lines vital when forced to shut cellar

Experts have issued advice on how best to close down the cellar with tips on keg, cask and postmix drinks as well as what to do when it is time to reopen again.