Brewers and bookies feeling the heat as Carlsberg and Ladbrokes count the Covid-19 costs

Carlsberg's profits are set to fall by up to 15% due to the impact of the Covid restrictions on pubs and bars

The Covid restrictions on the hospitality and leisure markets have continued to impact brewing and betting firms.

Danish brewing giant Carlsberg has said it expects operating profit to fall by as much as 15% this year, with Covid lockdowns set to dent sales in key markets like China and western Europe during the remainder of the year.