All news articles – Page 1550
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News
Hackney proposes pub restrictions
A new policy meaning that new licence applications for pubs and bars in Hackney could be automatically refused due to the “detrimental impact” on residents may be introduced, despite being opposed by 85% of locals
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Powder Train collapse to leave RBS out of pocket
The Royal Bank of Scotland is unlikely to retrieve all the money owed to it from the collapse of Powder Train, the collapsed pub operator that had worked with high-profile chef Marco Pierre White, according to a report from administrator Begbies Traynor
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PS the Pub Company to launch BBQ concept
PS the Pub Company has submitted plans to open a US-style barbecue restaurant called Blue’s Smokehouse in a currently closed pub in Bracknell
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Carlsberg UK to distribute new cask ale lines
Carlsberg UK has announced that it is to distribute a new range of “Great British Cask Ales”
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The Chinese Buffet rollout continues
The Chinese Buffet, the Lancashire-based restaurant operator, has secured its eighth site in the North West in the Centenary Square development in Bradford
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TCG adds American touches to King's Feast
TCG, the managed operator, is updating its King’s Feast menu to reflect the move towards Americanised casual dining tastes
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Star Pubs & Bars to appeal rates at 136 pubs
Star Pubs & Bars, the Heineken-owned leased pub operator, says it will lodge business rates appeals at c10% of its estate
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NewsCharles Wells grows PBT in 'year of steady progress'
Charles Wells has reported a year of “steady progress” as it grew pre-tax profits from £6.5m to £6.7m and reduced net debt by £18.8m to £44.7m, due to the sale of its distribution depo and its Kestrel Super Strength brand, M&C Report has learnt
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NewsHMRC targets pubs for unpaid VAT on gaming machines
HM Revenue and Customs (HMRC) is to pursue pub operators and licensees to recover money previously paid out in respect of overpaid VAT
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CGR eyes two more Dirty Martinis
Company announces record trading figures for December, with like-for-likes up 7.5% across the group and 24% at Dirty Martini
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NewsBill’s strengthens property team
Bill’s Restaurants has strengthened it property team in the north, with the appointment of Tony Palmer, former head of acquisitions at Mitchells & Butlers (M&B), to oversee its expansion in the region
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Priestley joins Electra Partners
Bill Priestley, the former managing director of LGV Capital, backer of Amber Taverns, Liberation Group and Novus Leisure, is to join investment firm Electra Partners as a partner
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NewsJamie’s Italian confirms Sweden launch
Jamie’s Italian has confirmed it will make its debut in Sweden later this year after signing a partnership deal with Scandic Hotels to expand across the Nordic region
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100 pubs face prosecution for foreign satellite screenings
The Premier League plans to prosecute 100 pubs and bars across England and Wales for broadcasting games using foreign satellite systems, the BBC reports
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NewsLodge steps down from Novus
David Lodge has stepped down as property and development director at Novus Leisure after over eight years with the company
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FY PBT up at Barworks as it eyes further growth
Barworks saw pre-tax profit rise from £434.4k to £1.8m in the year to 30 June 2013, as it gears up to open its latest two sites in the capital
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FY PBT up at The Diner operator
The Good Life Group has reported a rise in full-year pre-tax profit from £459.9k to £711.3k, and said it was actively exploring “sources of long-term finance” to accelerate its expansion plans.
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NewsJDW eyes roadside opportunities
JD Wetherspoon will look to open more out-of-town, roadside pubs, although not necessarily at motorways, chairman Tim Martin has told M&C Report
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News'Rising tide' lifts pub companies
A leading analyst has said there’s been a “rising tide” in the pub sector, helped by good trading over summer and Christmas and an “improving consumer outlook” that “fuels optimism in the licensed trade”. -
NewsJack: M&B trading to have picked up
A leading analyst has said that he expects LFL trading to have picked up over the last two months at Mitchells & Butlers (M&B), due to an improved sector backdrop, investment, IT roll out and efforts to improve service standards