Pubs, Bars & Clubs News
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Greene King delivers revenue growth across all four divisions
Group revenue increased by 3.2%, with the pub operator attributing the performance to record Christmas bookings and strong demand from events such as the 2024 Men’s Euros
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Young’s delivers strong performance against challenging backdrop
Total managed revenue was up 25.4% in FY25, with CEO Simon Dodd crediting the strength and resilience of the premium estate
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Stonegate blames beer price hikes on ‘considerable economic uncertainty’
The 4% increase in beer prices affects Stonegate’s Pub Partners and will be effective from Friday 2 May, The Morning Advertiser reports
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Lucky Voice for Business reports strong like-for-likes
The karaoke concept has seen a 31% rise in like-for-like revenue contributed by its B2B arm over the past 12 months
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Kate Nicholls: NIC hike adds ‘disproportionate impact’ to already pressured sector
The UKHospitality leader describes the reduction in the earnings threshold for employer NICs and the rise in the main rate to 15% as “the most aggressive” tax change she has seen
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Pub Conference: Book your discounted early bird tickets before April deadline
MCA’s Pub Conference, on 26 June, boasts a full line up of sessions from the biggest and best in the industry, from Loungers, Urban Pubs & Bars and Stonegate to Punch Pubs, RedCat and Nightcap
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Chopstix, YouMeSushi, Greene King’s The Sherlock Holmes and more
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Market Taverns names new COO
The 15-strong London pub company has promoted Adrian Laws from operations director to the role of chief operating officer.
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Haven to accelerate Wetherspoon franchise partnership
The holiday park operator said there had been strong results from the five pubs opened so far as part of the partnership
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New wave of government costs puts hospitality recovery at risk
The UK hospitality market saw marginal outlet growth over the past year, but stability is under threat, according to the latest CGA by NIQ report
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Three Cheers Pub Co. secures new pub on King’s Road
The pub group has secured the lease for 224–226 King’s Road, Chelsea, for its tenth site this autumn
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Marston’s launches new Grandstand sports pub concept
The concept aims to bring a stadium-style atmosphere and state-of-the-art technology to local pubs
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Punch Pubs acquires four Everards sites
Joining Punch’s leased and tenanted estate, the new pubs bring the company’s total acquisitions for the current financial year to 13
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In pictures: Greene King’s Farmhouse Kitchen Ossett
Located at Silkwood Park, the former Farmhouse Inns site has received a six-figure investment, transforming it into a new value-led family-friendly all-day dining concept
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Critics warn pub ‘banter’ rules could hit landlords
Critics are set to challenge new legislation requiring hospitality venues to take “all reasonable steps” to prevent staff harassment from customers, The Telegraph reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Afrikana, Pret A Manger, RedCat Hospitality, and more
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Stonegate delivers £1.7bn revenue
The 4,370-strong pub company said sales were favourable compared to the prior year, demonstrating the “resilience of its high-quality pub portfolio”
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Carlsberg: ‘There are no winners’ from tariffs
The Danish brewer is insulated from direct exposure to the levies but warned of the impact on already subdued consumer spending
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Jonathon Swaine to step down from Shepherd Neame
The pub group plans to reorganise roles and responsibilities to reflect the composition of its pub estate, in light of its decision to reduce its number of managed houses
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Pubs choosing to close early to save on costs
Thorley Taverns and WH Pubs are among operators who are calling last orders at 9pm in order to mitigate the impact of the extra labour costs which came into play this month.