All MCA Insight articles in October 2013 – Page 19
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News
Disco Bistro 'has multi-site potential'
Itinerant chef and pop-up restaurant veteran Carl Clarke is planning to make Disco Bistro a permanent fixture in East London before turning it into a multi-site restaurant brand
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Analysis & InsightMojito still most popular cocktail
The Mojito has held on to its place as the nation’s favourite cocktail, but its grip is weakening as people experiment, according to a new survey that shows the number of pubs serving cocktails has increased by more than one third in a year
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News
Gaming machine maximum prize limits to rise
The prize limit for Category C gaming machines has increased from £70 to £100, after the British Beer & Pub Association and Association of Licensed Multiple Retailers lobbied for the rise
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NewsVAT Club fined for late VAT payment
Jacques Borel’s VAT Club has been fined £9,201 for late payment of VAT
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NewsRHWB begins to strengthen management team
Red Hot World Buffet has appointed Ed Passey, group operations director at bar and hostel operator Beds & Bars, to its board as it starts to grow its pipeline of new sites
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News
Joule's completes £4m funding deal; names new chairman
Joules, the Shropshire brewer and pub operator, has completed a £4m funding deal with NatWest and has named Mark Heappey, formerly a partner at 3i, as its new chairman, M&C Report has learnt
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News
Rent on new pub leases averages c£25k
The average annual pub rent for new leases in England and Wales was £25,187 per annum during the first quarter of 2013, according to the Royal Institution of Chartered Surveyors’ Pub Benchmarking Survey
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NewsGreggs sets capex target
Greggs is looking to have a capex spend of between £40m and £45m each year for the next few years across its c1,700-strong estate as it looks to restore like-for-like sales growth
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NewsNando's to open five in Scotland, eyes more
Nando’s is to open five restaurants across Scotland and is looking at “a number of other sites” north of the border
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News
Caprice Holdings FY EBITDA static
Caprice Holdings, the restaurant group led by Richard Caring, has reported a static EBITDA of £8.6m in the year to 30 December 2012 although like-for-like sales fell 1.2%, with the company citing the “negative impact” of the Jubilee and Olympics on its West End and Mayfair sites
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News
Sports Bar & Grill acquires Soho site
Sports Bar & Grill, the sports-focused bar and restaurant group led by Dave Evans, has secured the site of the former Little Sicily restaurant in London’s Soho for its latest opening, M&C Reportunderstands
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Analysis & Insight
Manchester named 'most vibrant' city centre
Manchester has been identified as having the most “vibrant” city centre in England and Wales, with Dagenham in Essex ranked the least vibrant
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News
Geronimo launches season of events
eronimo Inns, the Young’s-owned pub operator, has launched a season of events, special menus and collaborations under the banner Pubstival
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News
Pub companies urged to review e-cig policies
Anti-smoking campaigners are urging pub operators to keep their policies on electronic cigarettes under review as controversy grows around the devices, which deliver nicotine without burning tobacco and produce vapour rather than smoke
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News
High-profile female chefs to launch Heathrow restaurant
Four high-profile female chefs are to launch a restaurant at Heathrow’s Terminal 2. The Gorgeous Kitchen is headed by Gee Charman, Sophie Michell, Jo Pratt and Caroline Mi Li Artiss
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News
Hotel Chocolat to launch first two restaurants
Hotel Chocolat, the premium chocolate retailer and cafe operator, will open its first two restaurants in the UK next month in London and Leeds, M&C Reportunderstands
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News
JDW launches game app for children's menu
JD Wetherspoon, the managed operator, has launched an exclusive children’s game app to tie in with the launch of its new children’s menu
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NewsCollyer downgrades forecast for Marston's
Leading analyst Geof Collyer has downgraded his forecast for Marston’s after its update yesterday, saying the company has a “dull medium term outlook relative to most peers”
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News
Parliament to debate pubcos
A debate in Parliament on the leased pub company business model is to take place on Monday (14 October)
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NewsMarston's to sell 400 pubs over two years
Marston’s, the brewer and pub operator, hopes to sell up to 400 pubs over the next two years and is seeing increased interest in its sites recently due to an apparent upturn in the property market, chief executive Ralph Findlay has told M&C Report