One of City Pub Group’s pubs
(Picture: City Pub Group)Strong demand for pink wine for Provence has helped give City Pub Group the confidence to promise a return of a dividend for the first time since Covid struck, despite the cost of living squeeze on customers and rising inflation.
Chairman Clive Watson today said his business planned to “recommence dividends in the autumn” as the group, which owns 41 pubs, reported a 40% jump in sales to £35 million for the year just gone. Losses slimmed down from £7.6 million in 2020 to £3.1 million last year.
