All Fuller’s articles – Page 34
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News
Jack: The investment case
Leading analyst Douglas Jack at Numis Securities says that consumers’ relentless quest for value favours large-scale operators that offer value food, benefiting food-led pubs more than restaurants. He says that pub sector sales have returned to growth (in value terms), an improvement that reflects a declining reliance on beer (40% ...
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Pubs generally performed better than restaurants
A leading analyst has said that now that all of the major operators have updated the market on current trading, it can be concluded that pubs have generally performed better than restaurants, while London has again, despite the Olympics, been the basis of geographic outperformance.Geof Collyer at Deutsche Bank said: ...
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News
Talks continue over TCG
Talks are understood to be ongoing with a number of interested parties for the TCG pub group, which was placed on the market earlier this year, with a break up or sale of the whole business still options being discussed.However, it is thought that principal backer Irish Bank Resolution Corporation, ...
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News
Heineken UK joins VAT cut campaign
Heineken UK, Britain’s biggest brewer, is the latest high profile company to join the Jacques Borel VAT Club, which is campaigning to reduce VAT to 5% in the UK hospitality industry.The VAT Club now has almost 40 members across the pub, restaurant, hotel, brewing and foodservice sectors. These include Pizza ...
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News
TGI Friday’s joins VAT campaign
TGI Friday’s, the 53-strong bar and restaurant brand led by Karen Forrester, has joined the Jacques Borel VAT Club, the campaign that aims to persuade the Government to reduce VAT in the hospitality sector to 5%.The Jacques Borel VAT Club now has 35 members from across the pub, restaurant and ...