Pub giant makes urgent plea to government after £150m loss

PUB giant Greene King has made an urgent appeal to the UK Government for assistance after plummeting to a near-£150 million loss in 2024.

- JON ROBINSON

The Suffolk-based group reported a pre-tax loss of £147.1m during its most recent financial year, a stark contrast to the profit of £45.2m it posted in 2023.

Despite operating approximately 2,600 pubs, restaurants and hotels across England, Wales and Scotland, Greene King saw its revenue rise from £2.37 billion to £2.45bn over the same period.

These results follow a cost-of-living crisis and the absence of a major international football tournament in 2023, which resulted in Greene King’s profits being halved during its previous financial year.