All news articles – Page 1546
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News
Restrictive covenants 'rarely used' in pub sales
Pub property agents have defended the practices of large pub companies and claimed that restrictive covenants are rarely used, after the Local Government Association (LGA) last week called for a ban on the measure, which forces pubs to change use after sale
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Costa to rollout “youngsters into work initiative”
Costa Coffee is to expand a successful partnership with the Prince’s Trust in Bristol that helps youngsters into work across the UK over the next year
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Jack holds forecast for Fuller's
Leading analyst Douglas Jack has reiterated his Add recommendation for Fuller’s following its trading update this morning that saw like-for-likes in its managed arm grow 7.2% in the 10 weeks to 25 January
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Fuller's managed lfls grow 7.2%
Fuller’s, the London-based brewer and pub operator, has reported a 7.2% rise in like-for-like sales in its managed division in the 10 weeks to 25 January and said the good results has caused it to bring forward additional projects this financial year
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NewsLfls up 2% at M&B
Mitchells & Butlers (M&B) has reported a 2% rise in like-for-like sales in the 17 weeks to 25 January, helped by a 2.6% rise in sales across the three-week festive period to 4 January and milder weather compared to last year
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Establishment HM up to four
Establishment HM Limited, the London-based bar operator, has secured its fourth site in the City with the acquisition of the Spectator near St Paul’s Cathedral.
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NewsBBPA: beer duty freeze would create 2,400 jobs
The British Beer & Pub Association (BBPA) has restated its call for a freeze in beer duty, saying that the move would create 2,400 additional jobs in the first year alone at a cost of just £4m to the Government
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NewsDarby and Emeny to outline visions of the future
The Future Pub Conference, organised by M&C Report and the Publican’s Morning Advertiser, takes place at the May Fair Hotel in central London on 3 March
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NewsGBK grows pipeline
Gourmet Burger Kitchen (GBK) has strengthened its long-term pipeline by already securing three openings for 2015/2016
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News
Business rates 'could be scrapped'
The Government could scrap business rates and replace them with a tax on sales to address the imbalance between sums paid by traditional and online retailers, according to The Telegraph
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NewsPaul UK appoints new commercial director
Paul UK, the London-based French bakery concept, has appointed Darren Williams, former head of retail at Hotel Chocolat, as its new commercial director
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NewsFirst Churchill's fish & chip outlet opens
The team behind Fish ‘n’ Chick’n, the UK’s largest fish & chip shop operator, has opened the first site under its new franchise brand Churchill’s, as managing director James Lipscombe tells M&C Report the firm is in the process of signing up its first UK and overseas franchisees
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Arc Inspirations eyes funding options; names first FD
Arc Inspirations, the 10-strong Yorkshire bar operator, is seeking private equity investment as it announces the appointment of its first finance director, managing director Martin Wolstencroft has told M&C Report
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NewsJack moves ETI from Add to Hold
Analyst also says the Government should avoid implementing a mandatory free-of-tie option with an open market rent review as part of the statutory code
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We Grill concept eyes launch
We Grill, a new fast casual restaurant concept, is looking rollout across London, after gearing up to secure its first site in the capital
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Charnwood Pubco to launch BBQ concept
Charnwood Pub Company, the Midlands-based multiple operator, is to become the latest group to dip into the growing BBQ trend with the launch of a new concept in Hereford
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NewsByron secures York site
Byron, the Hutton Collins-owned burger chain, has secured a further site in Yorkshire, after completing on a unit in York for an opening later this year
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NewsBritvic Q1 GB revenues grow 1.5%
Britvic saw revenues in its British business grow by 1.5% in the 12 weeks to 22 December, with decline in volumes mitigated by improvement in the average realised price (ARP) of 3%
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BTP opens in Cheltenham
Boston Tea Party, the South West-based independent café chain, has opened its 14th site in the region, in Cheltenham
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JDW breakfast named most nutritious
JD Wetherspoons’ breakfast has been named the most nutritious of those served across UK hospitality