Today’s news in brief – 04/12/23
The week ending 25 November saw a 5% decline in drinks sales year-on-year, compared to last year’s World Cup period. Monday and Friday showed stark drops due to England’s matches in the tournament. However, the other five days saw positive growth, with Saturday leading at a 13% increase. Beer and cider faced a 5% and 7% decline respectively, while spirits struggled with a 12% drop. CGA’s Jonathan Jones noted optimism for the festive season, buoyed by Saturday’s encouraging sales and the postponed rail strikes.
Greene King has launched an eco-initiative that aims to equip 600 managed pubs with voltage optimisation technology by the end of 2023. This tech regulates power supply that will cut energy use, costs, and the group’s carbon footprint. After successful trials, notably in larger, higher-energy pubs like Farmhouse Inns, the investment is expected to pay off. This move aligns with Greene King’s roadmap to halve greenhouse gas emissions by 2030, signalling a commitment to environmental sustainability.
Brakspear has reshuffled its senior management team, promoting two key executives. Tony Lewis, the property manager for 12 years, advanced to property director, earning a spot on the Brakspear board. Meanwhile, David Nathan, previously the CFO, assumed the role of COO. The Brakspear board, now comprising Lewis, Nathan, and chaired by Tom Davies alongside non-exec directors Ed Turner and Peter Furness-Smith, reflects the company’s evolution amid changes like the launch of the Honeycomb Houses managed division.
Shepherd Neame’s 600-year-old Woolpack Inn in Chilham reopened after a two-month-long refurbishment led by the licensees. The renovation preserved historic features while modernising the space. The revamped menu ranges from deli-style boards to fine dining, offering vegetarian, vegan, and gluten-free options. Their reopening event hosted local dignitaries, emphasising the family’s commitment to this new venture and their collective expertise.
