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Britain’s managed restaurant, pub and bar groups suffered a double-digit sales drop from pre-Covid-19 levels in December after widespread cancellations of Christmas celebrations, the latest Coffer CGA Business Tracker reveals.
Large pub company Stonegate has acquired 25% of the issued share capital in Hippo Inns from Rupert Clevely and Ian Edward for an undisclosed sum.
Multiple operator Arc Inspirations has reported its results for the financial year to 31 March 2021, showing a 42% rise in sales from July to November this year, against 2019.
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