The on-trade has recorded a significant like-for-like drop in drink sales in the week leading up to the May bank holiday as poor weather created tough conditions for bars, restaurants and pubs still only allowed to trade outdoors.
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Freixenet Copestick has announce that it has purchased the assets and business of Jascots Wine Merchants from the administrators.
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Hospitality faces 750,000 job losses without urgent government support, according to the latest research conducted by CGA for UK Hospitality (UKH), the British Institute of Innkeeping (BII) and the British Beer & Pub Association (BBPA).
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Kate Nicholls, CEO of UK Hospitality (UKH), has warned that 200,000 hospitality jobs could be lost this weekend alone in central London as new Tier 2 restrictions are implemented.
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