Pubs, Bars & Clubs News – Page 13
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NewsOnly 12% of Brits say a pint is affordable
The Campaign for Real Ale has said making tax on pints fairer should be a priority for the new government, in order to keep pub going accessible
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NewsNTIA: ‘The real work begins now’
Michael Kill, CEO of the Night Time Industries Association has welcomed a new Labour government, urging immediate action to recover the sector ”from years of neglect”
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NewsCampaign for Pubs publishes demands for incoming government
The Manifesto for Pubs asks for an energy cap for businesses, an overhaul of the business rates system, and other key policy changes to support publicans and brewers
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NewsGreene King invests £23m in new depot
The pub company and brewer has signed a 15-year long lease on a food and drink depot in Middleton, in partnership with logistics company GXO
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NewsChestnut Group acquires wine specialist Bijou
This acquisition marks a step forward for the East Anglia-based operator and allows Chestnut to cater for much of region’s independent wine demand
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NewsPunch Pubs looks to grow operator-managed estate
CEO Clive Chesser discussed the evolving landscape of pub partnerships at MCA’s Pub Conference, highlighting the benefits of delivering a centralised offer in an entrepreneurial, localised format
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NewsBuzzworks: ‘Scope to reach 50+ sites in Scotland’
A continued focus on interesting buildings in unusual locations could see Buzzworks Holdings reach more than 50 sites, MD Kenny Blair told MCA’s Pub Conference
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NewsHeavitree grows sales despite wet weather
The Devon pub company and brewer increased turnover by 2.1% to £3.3m in the first half of the year, despite cold condiitons and an early Easter
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NewsInvestor revolt at Adnams
The chairman and director of the underperforming Suffolk brewer and pub company saw more than a third of shareholders vote against their re-election
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NewsStonegate boosts profits in H1
The pub and bar company reported adjusted EBITDA up 7.7% to £196m, driven by its leased & tenanted and Craft Union divisions, while like-for-like sales in its managed estate were flat
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NewsAdnams secures interest from multiple parties
The Suffolk brewer has made progress in its review of options to fund future growth plans, and continues to outperform the market in beer volumes and sales
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NewsDaniel Thwaites achieves 6% growth
The pub operator credited the positioning of its managed properties towards more premium segments, as well as the resilience of its tenanted community pubs
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NewsSuzanne Baker joins Market Taverns
The former Stonegate commercial director, who has more than 35 years’ experience in the pub sector, joins the London pub company as a non-executive director
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NewsRevolution to proceed with restructuring plan
All resolutions were passed at the group’s general meeting on Friday, with Revolution now seeking the sanction of its restructuring plan
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NewsMcMullen’s breaks +£100m sales milestone
The record sales were driven by price increases as a well as real growth in demand, but profit conversion was impacted by labour cost inflation
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NewsPub leaders urge ‘fair recognition’ of trade’s value
England and Scotland fans will be paying four times more duty on their pints than the European average and a dozen times more than fans in Germany as they watch the Euros kick off this weekend
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NewsFuller’s reports year of ‘excellent progress’
Revenue rose by 7% to £359.1m while like-for-like sales were up 11% in the year ended 30 March, with the pub operator also reporting continued proactive management of the estate to enhance shareholder value
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NewsUrban Pubs & Bars looks to double estate
Earlier this year, the group reported a 17% increase in like-for-like sales and a 60% rise in turnover to £52.2m as it looks to build on its momentum
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NewsStonegate’s MiXR launches in-app sport capabilities
With over 450 pub venues throughout the UK offering sports viewing experiences, the app will help customers find a venue to watch, earn rewards, and complete ‘MiXR Missions’
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NewsSt Austell: ‘Heavy degree of fatigue and disillusionment with politics’
As the Cornish brewer and pub operator achieves record turnover of £229.5m, CEO Kevin Georgel accuses politicians of “on-the-hoof” policymaking