Major pub chain with 62 locations at risk of closure days before Rachel Reeves announcement
A leading pub chain with dozens of venues has fallen into administration mere days before Chancellor Rachel Reeves's announcement of rescue plans to save the sector.
The Revel Collective, which manages 62 pubs across the UK, has filed for administration in a move that places 3,000 jobs at risk.
Previously, the pub chain had warned against the Labour Government's tax raid on businesses, including the hike to National Insurance and the minimum wage
Some 62 venues are at risk of closure with this latest development, which includes more than 20 locations attached to the Peach Pubs brand.
Bosses of The Revel Collective also own popular hospitality chains, such as Revolution bars and Revolucion de Cuba.
THIS IS A BREAKING NEWS STORY...MORE TO FOLLOW
LATEST DEVELOPMENTS
Our Standards: The GB News Editorial Charter
