Earlier this year, Stonegate Pub Company announced that its parent company TDR Capital was seeking to refinance a £2.5bn black hole. The business is one of the largest pub companies in the country, now behind more than 4,500 sites including chains Be At One and Slug and Lettuce. Back in January, GMB Union warned that the pubs the company operates, including dozens in Leeds, could be “at risk”. And this week, the Guardian reported that Stonegate was “struggling” to pay off the remaining debt... Read this story
