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Newswire - 30 June

This week in Newswire: Pubs, bars, and restaurants can open from 4 July with 1m+ social distancing, a significant proportion of the country's pubs & restaurants will not reopen straight away, many hospitality operators can't open from the 4th July, Fleurets - pub operators anticipate turnover to be 50% to 75% of pre-covid levels, Timpson family purchase 16 Hospitality from administration, Ei Publican Partnerships extends support for publicans, The Rick Stein Group is to permanently close 2 of its restaurants and finally trade hopes for VAT reduction.

Pub Market Commentary 2020

We are delighted that the pubs can re-open on the 4th July with 1m+ social distancing. Fleurets have undertaken a confidence survey of some of the leading SME public house operators, which provides some interesting feedback as we move into the re-opening phase.

Survey of Pub Prices

Click here to view the complete PDF

The licensed property market is as diverse as it is dynamic, resilient as it is creative and it is always capable of springing a surprise or two. Just as the world was groaning under the uncertainty of the economic future, merger and acquisition activity leapt into overdrive.