Pub company slows pace of expansion as it hunts out cost savings
Marston's is to slow its pace of its pub opening programme as it waits to see if recent "subdued" conditions continue.
It has also found cost savings worth £5m a year as it works hard "to mitigate ongoing cost increases".
The Wolverhampton pubco now expects to open 15 pubs and bars and six lodges in the current financial year. In early summer it was projecting 20 new pub-restaurants, three premium Revere bars and eight lodges.
Marston's told the stock market "this modest trimming of our openings programme reflects a degree o... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
