Pubs, Bars & Clubs News – Page 12
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Pub shares tipped for a royal boost from the Coronation
Analysts predict Fuller’s, Mitchells & Butlers, J.D. Wetherspoon and Fever Tree will do well out of the special Bank Holiday weekend
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Openings of the week
Arc Inspirations, Fat Hippo, Sticks ‘n’ Sushi and the reopning of the Bellanger are among the top stories this week
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Innovative customer experiences at The Pub Conference
The leaders of Laine Pub Company, The Alchemist, Darwin & Wallace and Inception Group will discuss the experiential elements of their venues
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NQ64 secures £10m facility for share buyback and expansion
The arcade bar operator has secured support from alternative lender ThinCats to buyback Imbiba’s minority shareholding
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Black Sheep Brewery to appoint administrators
The North Yorkshire brewer and pub operator has been unable to secure new investment after being hit hard by the pandemic and rising costs
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Heineken to invest £40m in pub upgrades
Around 570 sites in the Star Pubs & Bars estate are due to benefit from investment, with a key focus on its neightbourhood locals as more pubgoers are choosing to visit a pub that is closer to home
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Calls for VAT cut to halt string of nightclub closures
Ten nightclubs are closing every month in Britain as pressures continue to weigh on the sector, The Times reports
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No food and cheap beer fuel pubs chain’s growth
A northern pubs company is bucking a national trend of closures by acquiring locals that are close to calling last orders or are already boarded up, The Times reports
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Punch partners with Eden Project
The pub company has partnered with the Eden Project as part of a pledge to reduce its carbon footprint and increase biodiversity across its estate by enhancing its pub gardens
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First Night Time Economy Advisor appointed for West Midlands
Restauranteur Alex Claridge has been appointed to the role and will act as a champion for the region’s pubs, clubs, bars and restaurants
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Punch acquires two community pubs
The company has added to its c1,300-strong portfolio, and is continuing to seek both packages and single-site acquisition opportunities
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Pubs looking to capitalise on Coronation
Pubs and breweries up and down the country are planning to host special events, brew limited edition beers and make the most of the extended opening hours
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Fuller’s to transfer 23 managed pubs to tenants
Following a strategic review, the pub company said the pubs will “thrive under an entrepreneurial tenant”, and deliver a better financial return
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Pubs generate £26.2bn of GVA, Greene King report finds
Speaking at The Kings Arms in Mayfair on 24 April, CEO Nick Mackenzie introduced new research ahead of the King’s coronation
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Star Pubs & Bars aims for net zero by 2040
Star Pubs & Bars aims to decarbonise its estate of 2,400 pubs by 2040, aligned with Heineken’s ‘Brew a Better World’ net zero ambitions
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Greene King: Pubs remain bedrock of society
The brewer and pub operator has launched a report to coincide with the King’s Coronation examining the role pubs play in local communities and how they have evolved since 1953
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British pubs expect £350m boost from coronation
Hospitality companies will benefit from the extra bank holiday on 8 May and an extension of alcohol licensing hours, Bloomberg reports
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Average price for a pint rises 11.9%
The average cost of a pint of draught lager soared by 11.9% in the year to March 2023, double the previous record high for a year-on-year increase
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Tesco debuts pub to mark Coronation
Pub chains have long spoken out against the tax burden on pubs vs supermarkets, which allows the latter to heavily subsidise prices
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Star agrees to pay £1.25m in PCA case
The Heineken-backed leased & tenanted pub operator was fined over breaches to the pubs code