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Timeline: Five years of the pubs code and PCA

Timeline: Five years of the pubs code and PCA
morningadvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningadvertiser.co.uk Daily Mail and Mail on Sunday newspapers.

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Community pub operator Hawthorn plans IPO as a standalone business


Community pub operator Hawthorn has unveiled plans to list on the stock market as a standalone quoted business.
Parent group NewRiver REIT has announced that it will explore the potential for an Initial Public Offering (IPO) of Hawthorn following a strategic review.
The process would see the the 700-strong pub group launched out as a separately-listed company.
Mark Davies, who has been Chief Executive Officer of Hawthorn since 2019 and has been instrumental in driving NewRiver’s pub operations since 2013, will lead the IPO.
Davies also sits on the board of the BBPA, and has been Chief Financial Officer at NewRiver for 12 years, and in leading this new chapter for Hawthorn, will step down from the NewRiver board in due course. ....

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How are pubs preparing to reopen outdoors?


Getting ready: many pubs are preparing to reopen for external service (image: Getty/mrdoomits)
The on-trade is preparing for outside service when it is permitted next week (Monday 12 April).
Research from the British Beer & Pub Association (BBPA) in February estimated 60% of pubs will remain closed while outdoor trading only is allowed.
Greene King boss Nick Mackenzie said he was disappointed his sites would not be able to reopen alongside non-essential retail, gyms and hairdressers, in the second stage of the unlocking plan.
“Opening pub gardens in April simply isn’t viable so many pubs will have to remain closed and, with a phased reopening from May, he said. ....

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