Greene King sales leap but pub giant cautions over 'tough' conditions

P ub and brewing giant Greene King has said its expects the "tough" trading backdrop to continue for the rest of 2023 but hailed a leap in sales for the past year. The company, which runs more than 2,000 sites across the UK, reported that revenues jumped by 62.2% to £2.18 billion for 2022. It said trade returned to pre-pandemic levels after the easing of Covid-19 restrictions. Demand was boosted by events such as the Platinum Jubilee weekend, women's football Euros and men's football World Cup. However, customer confidence was "depressed" throughout the year as a result of the higher…