All Greene King articles – Page 5
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Analysis & InsightBudget reaction: Wet-led community pubs hailed as winners
Alcohol duty reform was received positively and “should be introduced as soon as possible” while the one year 50% discount on business rates was seen to favour smaller operators and community pubs.
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NewsTechnology drives drinks premiumisation in pubs
Digital technology, implemented during the pandemic, has boosted the popularity of more premium drinks and provided valuable data for operators, MCA’s Pub Conference audience heard.
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OpinionDominic Walsh: ‘Freedom’ lasted all of 17 hours
It was dubbed Freedom Day. The moment when all Covid-related restrictions would be lifted and life – notably going to the pub or eating out at a local restaurant – would return to normal.
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NewsGreene King joins work scheme
Greene King will offer 1,000 jobs to young people as part of the government’s Kickstart scheme with vacancies available across the UK from July.
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Analysis & InsightLounges to lead outlet growth
Loungers is forecast to be the standout brand performer in terms of outlet growth within the branded pub & bar restaurant segment according to Lumina Intelligence’s latest ODI (Operator Data Index) analysis.
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NewsGreene King partners with specialist college Landmarks
Greene King has partnered with Landmarks, a specialist college for people with learning difficulties and disabilities, to provide opportunities for students to enter the hospitality industry.
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Analysis & Insight‘The delay is devastating for us’
There was a sense of resigned frustration and grudging inevitability about last night’s announcement from Boris Johnson.
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NewsCVA approved for Greene King’s Loch Fyne business
Greene King has had a CVA approved by creditors for its Loch Fyne business. It is understood the business was working with restructuring firm Resolve and has now exited leases on 11 of its sites.
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NewsPubs poised to bring back drinking at the bar
Senior leaders at some of the UK’s biggest pub companies are gearing up for customers to be able to drink at the bar from 21 June, the Telegraph has reported.
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NewsGreene King extends available loans to £1.5bn
Greene King reports it remains well capitalised, with the upsizing of its revolving loan facility increased financial flexibility from parent company CKA Holdings to £1.5bn.
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InterviewsNick Mackenzie: ‘Our focus on culture is boosting customer scores’
Greene King’s new culture program helped to position the business well during the pandemic, despite being launched only a week before the first lockdown, chief executive Nick Mackenzie told MCA’s The Conversation.
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NewsBeer supply is ‘patchy’ in areas but not ‘critical’
Mitchells & Butlers and Greene King have found that the supply of certain beer brands – namely Birra Moretti on draft – has been “patchy” but it not causing a huge problem yet, attendees of MCA’s The Conversation heard.
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NewsGreene King: ‘Majority of orders are through our app’
Greene King has seen usage levels of its app soar since reopening, with 70% of its orders being submitted by guests through the technology, chief executive Nick Mackenzie told MCA’s The Conversation.
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NewsGreene King takes cautious approach to reopening
Greene King CEO Nick Mackenzie has told MCA customers are “absolutely loving” being back in his pubs, despite the limitations of outside service.
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NewsState aid cap upped to £10.9m
The state aid cap on government grants has been raised to £10.9m, Paul Scully, the minister for business, consumers and labour markets has confirmed.
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News‘As good as could be expected’ - operators react to the Budget
In what is now a well-worn routine, Boris Johnson was last week the bearer of bad news, announcing a much slower than preferred roadmap reopening, with hospitality apparently at the end of the queue.
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OpinionNick Mackenzie: We are burning through £7m a week
Lockdown is costing Greene King every pub on average of £4,500 every week, which equates to £7m a week for its managed pub estate, CEO Nick Mackenzie has said.
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Analysis & InsightRoadmap ‘too little too late’ and ‘worse than the worst-case scenario’
Sector leaders have criticised the Government for once again “penalising hospitality” with its reopening strategy, forcing pubs and restaurants to wait a further three months before they can operate inside. The proposed reopening timeline has been branded “too little too late,” and “worse than the worst-case scenario” by operators from all corners of the sector, who have warned that without significant support in next week’s Budget, there will be a “devastating” fallout for businesses.
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NewsPub leaders call for roadmap as beer losses hit £7.8b
Pub sector leaders have called for a clear timeline and reopening date as new figures reveal the severe losses incurred last year.
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NewsOaktree backs Anand’s pub vehicle
Rooney Anand’s pub investment vehicle Redcat Pub Company has been backed by US investment firm Oaktree, the Telegraph reports.