Company
Greene King
LON:GNK
Greene King's principal activities are operating managed, tenanted and leased public houses, brewing beer, and wholesaling beers, wines, spirits and soft drinks.
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UK pubs risk closure and urge government to help as energy bills rocket
Bosses of Greene King, JW Lees, Carlsberg Marston’s, Admiral Taverns, Drake & Morgan and St Austell Brewery signed an open letter to the government insisting it does something now before "real and serious irreversible" damage is done
Hospitality sector cries for support as Omicron tightens its grip on the industry
Pubs and restaurants have called for help to be provided by the end of the day
Pub groups round on Government over coronavirus restrictions
The government will announce details of which tier applies to which part of the country later today
Coronavirus: Northern England faces new restrictions, Heathrow board ‘greed’ blamed for staff pay cuts
Pub chain Greene King announced 800 job cuts while Sir Keir Starmer asked for scientific evidence to back the 10pm curfew rule
Greene King struggles against tough comparatives as it prepares for takeover
LFL sales were down 1.8% in the 18 weeks to 1 September as the publican struggled to replicate last year’s boost from the summer heatwave and England’s World Cup performance
Ka-Shing! Hong Kong’s richest man to buy Greene King for £2.7bn
Li Ka-Shing is paying 850p per share for Greene King, 51% above last Friday’s closing price
City Pub Group taking it to the old guard as expansion shows no sign of slowing
One pub closes every 12 hours in the UK, but City Pub Group is bucking that trend as it embarks on an ambitious expansion plan
JD Wetherspoon’s run of record of profits set to come to an end despite sales surge
As investors have come to expect, sales are once again well up at the pubs group, but soaring costs mean annual profits will likely fall below what was achieved last year
Greene King holds divi despite soaring costs knocking annual profits
The pub industry is having to deal with soaring wages and a hike in business rates, and costs are set to jump again this year
Archive
Serco's acquisitions and contract wins will be in focus on Thursday
Serco has already flagged that it expects its strong order intake to boost revenue in 2019 after several years of declines.
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News from FirstGroup, Stagecoach to drive corporate diary in coming week
Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan
Sales are booming in Britain’s pubs, but soaring costs are drinking up profits
Despite the uncertainty, pubs are still managing to attract plenty of customers, but the growth isn’t being felt as much at the bottom line, with margins being squeezed by soaring costs
Sales are booming in Britain’s pubs, but soaring costs are keeping a top on profits
Despite the uncertainty, pubs are still managing to attract plenty of customers, but the growth isn’t being felt as much at the bottom line, with margins being squeezed by soaring costs
Greene King toasts market outperformance but investors look to have hoped for more
In a trading update for the year ended 28 April, the FTSE 250 group said like-for-like sales were up 2.9%, helped by a strong Easter that saw LFL sales jump 4.6%
Archive
FTSE 100 closes in red as China manufacturing data sends chill
The UK's premier share index shed over 22 points at 7,418, while the FTSE 250 shed over 86 points at 19,824