More

    Diageo launches $100 million global fund for pubs and bars

    (Photo by Chris J Ratcliffe/Getty Images)

    Diageo has unveiled a $100 million (£81 million) fund as part of a new two-year global programme to help pubs and bars recover from COVID-19 pandemic.

    Available from July, ‘Raising the Bar’ programme will support the recovery of major hospitality centres, including London, Edinburgh, Dublin and Belfast, among other global destinations.

    “Pubs and bars sit at the heart of every community. We have launched ‘Raising the Bar’ as so many outlets have been impacted by this crisis and badly need help to open their doors again,” commented Ivan Menezes, Diageo chief executive.

    He has also called on the governments to provide long-term recovery packages for the hospitality sector.

    The ‘Raising the Bar’ programme will provide targeted support to help pay for the physical equipment needed for outlets to re-open.

    In the UK, Diageo will provide initial funding for ‘hygiene kits’ with permanent sanitiser dispense units, medical grade hand sanitiser and a range of personal protection equipment. Pubs and bars will be supported to establish partnerships with online reservations and cashless systems.

    Funding will also be provided for setting up mobile bars and outdoor equipment.

    Bar owners can now register their interest for the programme via www.diageobaracademy.com globally and www.mydiageo.com in the UK and Ireland.

    Latest

    Delice De France launches batch smoothies & shakes

    Delice de France is launching a new range of...

    SPAR South West tradeshow highlighted symbol group’s progress

    Primary SPAR wholesaler in the South West Appleby Westward...

    Diageo announces new Chief Financial Officer

    Diageo plc today (3) announced Nik Jhangiani as the...

    Hancocks offers £1000 in savings with new Kingsway multibuy deal 

    Confectionery wholesaler Hancocks has made changes to its popular...

    Don't miss

    Delice De France launches batch smoothies & shakes

    Delice de France is launching a new range of...

    SPAR South West tradeshow highlighted symbol group’s progress

    Primary SPAR wholesaler in the South West Appleby Westward...

    Diageo announces new Chief Financial Officer

    Diageo plc today (3) announced Nik Jhangiani as the...

    Hancocks offers £1000 in savings with new Kingsway multibuy deal 

    Confectionery wholesaler Hancocks has made changes to its popular...

    Kitwave moves foodservice away from Unitas

    Delivered wholesale business Kitwave is to move its foodservice...

    SPAR South West tradeshow highlighted symbol group’s progress

    Primary SPAR wholesaler in the South West Appleby Westward hosted the SPAR South West tradeshow and conference in Sandy Park, Exeter on Thursday 25th April,...

    Diageo announces new Chief Financial Officer

    Diageo plc today (3) announced Nik Jhangiani as the company's new Chief Financial Officer. He will take up the position and join Diageo’s Board...

    Kitwave moves foodservice away from Unitas

    Delivered wholesale business Kitwave is to move its foodservice operations away from Unitas later this year following a detailed review. According to recent reports, Kitwave’s...