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Future of British Business

Young & Co Sales Rise as Pub Chain Warns on Inflation Effect

Young & Co said revenue rose nearly 40% in the first 13 weeks of this year.

Young & Co said revenue rose nearly 40% in the first 13 weeks of this year.

Photographer: Simon Dawson/Bloomberg

Young & Co Brewery Plc’s revenue jumped by more than a third during the first quarter as it recovered from lockdowns last year, but the brewer said rising inflation could potentially hit consumer spending in pubs. 

The company, which owns a range of pubs and hotels, said revenue rose nearly 40% in the first 13 weeks of this year, up sharply from last year when most of its establishments were closed during a national lockdown as the UK fought to contain the spread of Covid-19.