Pub company Greene King, which is owned by Hong Kong's richest family, will close 79 pubs within its portfolio, claiming the UK's new coronavirus restrictions have made its current business unsustainable.
New findings from the British Beer & Pub Association and other hospitality industry bodies show that almost a quarter of their members believe their businesses could fail in the next three months without support.
Pub chain J.D. Wetherspoon has recorded its first loss since 1984, with a deficit of £105.4 million for the 52 weeks to 26 July 2020.