England’s pubs welcomed customers back inside for the first time in months on Monday, but investors in the City of London were less taken by the sector’s future. Wetherspoon, Marston’s, City Pub Group and Fuller, Smith & Turner were all fairly deep in the red by the end of trading in London. The impact was felt elsewhere across the companies that have been the worst impacted by the Covid-19 crisis, including hotels and travel companies. By the end of the day, Whitbread, which owns Premier Inn; International Hotel Group; and Restaurant Group, the company behind Wagamama and Frankie & Benny’s, were also down. Shares in his parent company, IAG, dropped 3.7%.

Source: Irish Independent May 17, 2021 16:41 UTC