Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter Sign up Thank you for subscribing We have more newsletters Show me See our privacy notice Invalid EmailBeer maker Heineken is slashing 8,000 jobs worldwide after a coronavirus-caused slump in sales. The Dutch giant has been hit hard by the forced closure of pubs and clubs during the pandemic. It came as restaurant chain Prezzo was placed into administration after failing to reach agreement with landlords on rent payments. Private equity owner Cain International immediately bought back the bulk of the business through what is called a pre-pack arrangement. A Heineken UK spokeswoman said: “The closure of pubs in March and subsequent restrictions, including over the Christmas period, have had an impact on sales volumes of beer and cider for the full year.

Source: Daily Mirror February 10, 2021 19:49 UTC