REVOLUTION Bars plans to shut six of its websites because it struggles to maintain afloat on account of native lockdowns and a 10pm coronavirus curfew.
The chain, formally often called Vodka Revs, opened its first bar in Manchester in 1996 and now has 50 places UK-wide.
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Revolution has change into the most recent hospitality agency guilty a 10pm curfew for web site closures and doable redunandciesCredit score: Alamy
It additionally owns a further 23 Revolución de Cuba bars, which concentrate on rum-based drinks.
However six of the model’s Revolution Bars are set to shut together with two in London – see the field beneath for the complete listing – placing 130 of the group’s 3,000 employees liable to redundancy.
These six bars are all a part of a smaller firm referred to as Revolution Bars Restricted, which has launched an organization voluntary association (CVA) to attempt to slash prices.
Collectors will vote on November 13 to just accept the deal, which incorporates plans to shut six bars, and scale back rents at seven others.
Which Revolution Bars are closing?
HERE’S the complete listing of the six Revolution Bars which are deliberate to shut for good:
- American Sq., London
- Clapham Excessive Road, London
At places the place rents are decreased, landlords may also have the choice to terminate leases over the following two years.
The boozer says gross sales had been bouncing again earlier than a curfew was put into place on the finish of September in England, reaching practically 78% of final yr’s ranges within the three weeks earlier than the restriction was launched.
However since then gross sales have fallen to lower than half of final yr’s ranges, at 49.4%.
The corporate provides that it expects the essential Christmas interval to be “severely compromised” and that it’ll not be doable to return to “close to regular ranges” earlier than spring on the earliest.
Greene King and Marston’s pubs have additionally blamed the curfew for related web site closures and redundancies.
The previous confirmed 26 sites will permanently shut, whereas an extra 53 branches will briefly shut with their future remaining within the steadiness placing 800 jobs in danger, whereas Marston’s plans to axe 2,150 jobs.
Pubs have taken a battering throughout the coronavirus disaster with bars compelled to shut in March until they may function a takeaway service. They weren’t allowed to reopen once more till July 4 in England.
Restaurant, meals chain, and pub job losses
A NUMBER of high-profile restaurant, pub, and meals chains have introduced job cuts following the coronavirus disaster.
- Zizzi proprietor Azzurri Group introduced in July 2020 that it could completely shut 75 branches, placing 1,200 jobs in danger
- Frankie & Benny’s proprietor The Restaurant Group has proposed closing 125 branches, with 3,000 jobs on the road
- Byron Burger is shutting 31 eating places, round half of its UK websites, with 600 jobs in danger
- Bella Italia and Cafe Rouge have introduced the closure of 91 eating places, with 1,900 jobs to go
- Carluccio’s is slicing 1,000 jobs with 40 eating places to close
- Costa Coffee is axing 1,650 jobs – it hasn’t introduced any retailer closures at this stage
- GBK is closing 26 eating places and making 362 staff redundant
- Greene King has shut 26 websites completely, whereas an extra 53 will briefly shut with their future remaining within the steadiness. Round 800 employees throughout the 79 websites are liable to dropping their jobs.
- Marston’s pub chain says 2,150 employees are liable to being made redundant or going through considerably fewer hours
- Pizza Express has confirmed it will be closing 73 eating places, placing 1,100 jobs in danger
- Pret a Manger is slicing 2,800 jobs with 30 shops to shut
- Revolution Bars is planning to shut six websites placing 130 jobs in danger
- Upper Crust plans to make 5,000 out of its 9,000-strong workforce redundant
- Wetherspoons is planning to chop 450 jobs from six pubs, in addition to 130 head workplace roles.
- Whitbread (which owns Brewers Fayre, Premier Inn and Beefeater) is planning to chop 6,000 jobs as resort demand slumps.
- Younger’s is making 500 out of 4,200 employees redundant.
Comparable measures have been put in place in Northern Eire, Scotland and Wales the place coronavirus is a devolved situation.
England now operates a three-tier coronavirus system, which sees pubs and bars positioned in tier three zones having to shut until they serve meals.
At current, Liverpool, Lancashire, Manchester, South Yorkshire, and Warrington are all in Tier 3 with elements of Nottingham joining on Thursday (October 29).
The most recent Workplace for Nationwide Statistics figures reveal 673,000 UK jobs have been lost since the coronavirus crisis began, taking the jobless complete to a three-year excessive of 1.52million.
Revolution Bars chief govt Rob Pitcher stated: “All through this prolonged interval of misery attributable to Covid-19, the group has sought to prioritise the well being and wellbeing of its employees and prospects, minimise its money consumption, preserve good ranges of liquidity to make sure its ongoing viability, and to be ready to benefit from alternatives that will come up as soon as restrictions are lifted.
“The CVA proposed by the group’s Revolution Bars Restricted subsidiary entity, if agreed by landlords, is one other proactive step to decrease outgoings to assist safeguard the way forward for the group and enhance long-term efficiency.”