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J D Wetherspoon plc (JDW.L)
- The Independent
Reopen pubs to save jobs, says Wetherspoon boss Tim Martin
Reports suggest that Britons may be able to enjoy a drink outdoors from April but ministers and public health experts remain cautious
- Reuters
Wetherspoon's Tim Martin urges government to reopen pubs, warns of economic mayhem
Britain's hospitality sector has been hit hard by the third coronavirus-led lockdown which forced Wetherspoon into a second cash call last month. "Surely it is possible for the hospitality industry to reopen at the same time as non-essential shops, now that a vaccine exists, on the basis of the social distancing and hygiene regulations, which were agreed with the health authorities, after full consultation, for the July 4 reopening last year," Martin said. "Unless the industry does reopen on that basis, economic mayhem will inevitably follow," he said.
- Yahoo Finance UK
Pub chain Mitchells & Butlers raises £350m
Mitchells & Butlers raised £350m and reached an agreement with its relationship banks for a new £150m three-year unsecured revolving credit facility, as the pandemic continues to take a toll on the hospitality industry.
