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MEMBERS OF THE PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE FIRM PLACING (THE FIRMPLACING ) OF NEW ORDINARY SHARES IN THE RESTAURANT GROUP PLC (THE COMPANY ) OR THE PLACING OF NEW ORDINARY SHARES IN THE COMPANY SUBJECT TO CLAWBACK (THE CONDITIONAL PLACING AND TOGETHER WITH THE FIRM PLACING, THE PLACINGS )) IN RESPECT OF VALID APPLICATIONS BY QUALIFYING SHAREHOLDERS PURSUANT TO THE OPEN OFFER (THE OPEN OFFER , AND TOGETHER WITH THE PLACINGS, THE CAPITAL RAISING ). THE TERMS AND CONDITIONS SET OUT HEREIN ARE FOR INFORMATION PURPOSES ONLY AND ARE ONLY DIRECTED AT, AND BEING DISTRIBUTED TO: (A) IF IN A MEMBER STATE OF THE EUROPEAN ECONOMIC AREA ( EEA ), PERSONS WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2(E) OF REGULATION (EU) 2017/1129 (THE EUPROSPECTUS REGULATION ) ( QUALIFIED INVESTORS ); (B) IF IN THE UNITED KINGDOM, PERSONS WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2(E) OF THE PROSPECTUS REGULATION (REGULATION
Wet sales across the Parliamentary Estate’s pub and bars since the UK s first national lockdown totalled more than £20,000 – with many drink prices found beneath both on-trade averages and those of nearby sites.
Data supplied in response to a Freedom of Information (FOI) request by
The Morning Advertiser (MA) showed drink sales at the House of Lords and House of Commons’ bars totalled £281,107.31 in 2020 – of which £22,062 came since July when venues were initially allowed to reopen following the UK’s first national lockdown.
Of that total, £133,672.87 was spent in the House of Commons’ Smoking Room, Strangers Bar and Pugin Room and £147,434.45 across the House of Lords’ bars during 2020.
Pubs, restaurants and bars suffer ‘dreadful’ Christmas as sales dive 72%
Hospitality sales dived by 72.6% over the festive period (Dominic Lipinski/PA)
Pub, restaurant and bar sales plummeted by almost three quarters in December as escalating restrictions made it a “dreadful” Christmas for hospitality firms, according to new figures.
The Coffer Peach business tracker of sales across hospitality groups revealed that total sales dived by 72.6% over the festive period, typically the sector’s busiest time of the year.
The figures – which are compiled by consultancy CGA, industry advisers The Coffer Group and finance firm RSM – showed that bars were particularly hard hit by restrictions which thwarted Christmas parties and large gatherings.
Hiscox shares tumble after UK Supreme Court Ruling
Shares in insurer Hiscox tumbled by around 5 per cent as it was one of the insurers to have its appeal dismissed by the Supreme Court - meaning it will have to pay out.
However, shares have now regained all the losses and are trading up 1.1 per cent.
Six insurers - Arch, Argenta, Hiscox, MS Amlin, QBE and RSA - appealed against aspects of the High Court s ruling, as did the Hiscox Action Group, which represents around 400 businesses insured by Hiscox.
In November, the UK s highest court heard leapfrog appeals - which have bypassed the Court of Appeal - in a case which could have implications for hundreds of thousands of businesses affected by coronavirus.