Britain’s oldest brewer Shepherd Neame reports loss and warns many city centre pubs ‘may close for good’

Britain’s oldest brewer Shepherd Neame has warned many city centre pubs “may close for good” as it reported a pre-tax loss. The brewer, which owns and operates 319 pubs across London and the South East, saw a pre-tax loss of £2.9 million for the year ending June 27, down from an £11.4 million profit the previous year. The brewer saw turnover for the year decreased to £123.6 million, down from £145.8 million.

Leave a Reply