All MCA Insight articles in December 2013 – Page 8
-
News
BII back statutory code but urges clarity
The British Institute of Innkeeping (BII) supports the introduction of a statutory pubco code but has called for more clarity around its principles
-
News
RICS raises pubco code concerns
The Royal Institution of Chartered Surveyors (RICS) has said the consultation into a statutory code of conduct for pub companies does not address the distinction between a lease and a tenancy
-
News
JW Lees: guest beer option 'disastrous'
The introduction of a mandatory guest beer option for pub tenants could be “disastrous” and “endanger the viability” of mid-sized brewers while reducing choice behind the bar, JW Lees has told the Government
-
News
Nottingham eyes late-night levy
Nottingham City Council is considering introducing a late-night levy, a move that could cost local pubs £446,000
-
OpinionNow the fun begins…
Rewind 12 months ago and 2013 was being labelled as empty and difficult compared to the Olympic-driven 12 months previous. What rubbish. Without trying to sound too much like a BBC4 documentary presenter, sector commentators may look back in years to come and describe 2013 as one of the most important years in the evolution of the UK’s eating and drinking out sector and a launch pad for a new era of sustained growth and investment
-
NewsOperators sign up for Kingston development
A number of operators have either signed up for or are under offer on units at the Kingston Riverside development, which is scheduled to open next year
-
NewsBurger & Lobster secures first US site
Burger & Lobster, the Goodman Restaurants-backed concept, has secured its first site in the US, in New York City
-
News
Thorley Taverns returns to profit; sites on market
Thorley Taverns, the Kent-based pub, restaurant and hotel group, returned to profitability in the year to 30 June and revealed that a number of its “less successful” sites are on the market
-
News
Ministry of Sound club revenues grow 5%
Ministry of Sound, the music business that runs the eponymous nightclub in London’s Elephant and Castle, saw revenue in its club division grow again in the year to 31 December 2012
-
NewsSlay steps down as Carlsberg UK CEO
Carlsberg UK has announced that Benet Slay is to leave the company as chief executive and will be replaced by current sales director James Lousada. Lousada is to start his new role on 1 January. Slay will remain at the company during a transition period until 24 January
-
News
Craddock takes Charnwood MD role
Marc Craddock, former operations manager at Timothy Taylor, has become the new managing director at Charnwood Pub Company, the Midlands-based multiple
-
NewsTesco eyes further sector opportunities
Tesco, which acquired Giraffe earlier this year, is believed to be eyeing further investment opportunities in the eating-out and drinking-out sector
-
Analysis & Insight
BDO: IPOs and more retail link up expected in 2014
The of the sector IPO, the continued strength of the M&A market and further restaurants in retail stores are three of the 10 predictions for 2014 from advisory firm BDO
-
Analysis & InsightSector’s prospects starting to look up
The UK economy has obviously had a tough five years. Many cash strapped consumers reined in their discretionary spending and whilst eating and drinking out have proved remarkably resilient, operators have clearly faced a very challenging environment. But after the recent strong quarter things may at last be looking up, says David Campbell partner, head of Restaurants and Bars, BDO LLP.
-
NewsPunch shares grow 19% as M&C20 recovers
Punch Taverns was the star performer in the M&C20 this week, with its share price rising 19% to 12.5p on the back of the company’s restructuring proposals announced on Monday
-
News
Rollo: Expects slowdown at JDW
A leading analyst has said that expects JDW to report a slight slowdown in LfL sales from 3.7% in Q1 to 2% in Q2 and aslight contraction in the operating margin in F14
-
News
AB InBev invests in Bar Pass
AB InBev has made an investment in start-up firm Bar Pass, which will see the company’s technology rolled out across the country nest year.
-
NewsCoal invests c£1m on MK opening
Coal Grill and Bar has invested nearly £1m on the opening of its latest restaurant in Milton Keynes
-
News
Kababish owners launch street food concept
The owners of the Kababish restaurant company have launched a new street food concept called Deli Hub at Birmingham Airport
-
News
Upham Pub Company expansion continues
Hampshire-based Upham Pub Company, the sister company to Upham Brewery, has exchanged contracts on its eighth site, a Punch Taverns pub in Hampshire, M&C Report has learnt