Fuller’s to raise cash after burning through up to £5m a month

Pub group says revenues fell 80% during past year on back of Covid lockdowns

The pub group Fuller, Smith & Turner has revealed that revenues fell 80% during the past year on the back of coronavirus lockdowns as it seeks to raise cash to see it through the reopening of UK hospitality.

The company said it had burned through between £4m and £5m for every month of full lockdown, when its pubs and hotels were forced to close.

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Coronavirus | The Guardian

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