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RedCat posts £31m loss

RedCat posts £31m loss
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How will City Pub Group look to expand after lockdown?

Speaking to  The Morning Advertiser​ ( MA​) after the release of City Pub Group’s 2020 financial results statement – which saw pandemic restrictions hit its revenue to the tune of £34.2m​ in the 52 weeks ended 27 December 2020 – executive chairman Clive Watson described the confirmation of indoor pub reopening on 17 May as a “relief” but “no great surprise”.  “I think people in this country are on the whole very compliant, so I think it will give them confidence, now they know they can go indoors, to start heading back towards the pub,” Watson told  The​  MA​. “So, I think that s good news as well.” 

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