All MCA Insight articles in July 2017 – Page 11
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News
CMA identified 73 Heineken/Punch pubs for disposal
An analysis of the Competition and Market Authority’s report on the Heineken/Punch deal shows how the brewer managed to more than halve the number of pubs it was initially asked to sell.
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News
NewRiver updates on “busy” Q1
NewRiver REIT, which owns a portfolio of 350 pubs, has updated on its first quarter performance.
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News
Project Regal portfolio under offer
A portfolio of prime licensed leisure investments in London brought to the market last month is believed to be already under offer
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News
Knead Pubs secures sixth site
Lincolnshire-based Knead Pubs has secured its sixth site, MCA understands.
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News
Operators eye King’s Cross openings
Operators including Sam and Eddie Hart and the Columbo Group, are believed to be in talks to open new sites in King’s Cross
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News
Operators offered incentive by Visa to go cashless
Visa is planning to “declare war on cash” by offering shops and restaurants a monetary incentive to go cashless
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News
Landlords ‘in for a shock’ as balance of power shifts
The balance of power in the landlord/operator relationship has begun to shift, according to two experts in the sector.
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News
Labour backs Scottish pubs code plans
Scottish Labour has backed plans by an MSP to bring in a pubs code north of the border.
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News
Analyst corner: Jack on Domino’s
Douglas Jack at Peel Hunt has said the rate of expansion of Domino’s franchisee network is a key indicator of the health of the business
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News
Mowgli to open 3-4 sites a year after investment
Mowgli founder Nisha Katona has told MCA she would like to add three or four sites a year concentrating initially in the North of England, following £3.45m in new funding from private equity group Foresight Group.
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News
Red Mist breaks company charity record
Surrey-based pub group Red Mist Leisure is celebrating a record £20,000 charity fundraise in the first half of 2017.
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News
Drake & Morgan confirms The Allegory details
Drake & Morgan has confirmed the details of The Allegory, in Principal Place, which will become its 22nd venue
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News
Jack: Marston’s Q3 likely to see wet-led pubs out-perform
Leading analyst Doug Jack, of Peel Hunt, has said he expects Marston’s Q3 trading update to show wet-led pubs outperform the rest of the estate in like-for-like sales growth.
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News
Giggling Squid set for Chichester
Giggling Squid is to further strengthen its presence along the south coast, with an opening in Chichester.
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News
Batemans head brewer steps down
Martin Cullimore has stepped down from the board of Bateman’s Brewery and relinquished his role as head brewer after more than 25 years, MCA understands.
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News
Franco Manca set for Tower Bridge
Franco Manca is set to opening its second restaurant in London’s SE1, next to Tower Bridge
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News
Michelin-starred pubs to pay extra £1m on rates
Business rates bills for the UK’s 17 Michelin-starred pub restaurants are set to rise £1m following the revaluation, new research has shown.
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News
Gourmet Investments to revamp PizzaExpress in India
Gourmet Investments, the master franchise for PizzaExpress in India, has said it plans to revamp the brand in the country
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Opinion
Inside Track: Admiral intentions
Do the bids for Admiral Taverns show that after years in the shadows of managed pubs and casual dining, that tenanted pubs are now back at the centre of M&A activity? MCA deputy editor James Wallin looks at why the segment is so attractive for investors at the moment, what a bid for Admiral could mean for the wider sector and who could be next.