Pubs, Bars & Clubs News – Page 23
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Directors buy True North Brew Co out of administration
Founder and MD Kane Yeardly acquired the 12-strong pub operator, brewer and distiller, which is based in Sheffield
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PM urged to protect pubs
Rishi Sunak was urged by CAMRA to keep pub-going affordable by expanding the difference between the lower and general rate of duty charged on pints
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Latvian craft beer concept to launch in London
Two More Beers is opening on Upper Street in Islington with plans to roll out further sites in the UK
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Call for The Old Bulldog pub to change name branded ‘overreach’
A pub landlord has accused animal rights activists of ‘overreach’ after Peta called on him to rename his pub, The Old Bulldog
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Proposals to relax gaming machine rules
Under the government plans, the ban on cashless payment on pub gaming machines will be lifted, which is aimed at “future-proof” the offline gambling industry while protecting players
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M&B achieves 8.9% rise in like-for-likes
Against 2019, year-to-date like-for-like sales at M&B were up 10.0%, with growth driven by spend-per-head
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Admiral Taverns: ‘It’s been a strong six months’
Sales are up 10% year-on-year, with the Proper Pubs division outperforming the rest of the estate and providing more than 25% return on investment, CEO Chris Jowsey tells MCA
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Blind Tiger Inns reaches 20
Blind Tiger Inns has trebled its turnover whilst doubling the size of its estate since 2017, MD Chris Tulloch tells MCA.
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End of the bartender? The UK vending machines pouring pints for the masses
Self-service EBars have been popping up at sporting and cultural events, replacing the need for lots of bar staff, The Guardian reports
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Fuller’s sees strong start to summer
Fuller’s has provided a trading update ahead of its AGM today, with like-for-like sales rising by 15.1% in the 15 weeks to 15 July 2023
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Stonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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End to alcohol tax freeze could see pub numbers fall further
Pub numbers could be set to decline as they brace themselves for an end to the freeze on alcohol tax, says finance specialist RIFT
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Brewdog: ‘Our roots will always be in hardcore craft beers’
Brewdog CEO James Watt has revealed his vision to create a top five global beer brand, but says its roots will always remain in craft beer
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Women’s World Cup set to bring £115m to sector
Pub, bars and restaurants will generate £70.1m in drinks sales alone as the 2023 FIFA Women’s World Cup kicks off on 20 July, according to research by VoucherCodes
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Late night levy extension ‘damaging blow’ for sector
The extension of the costly levy will be detrimental to the late night economy, according to UKHospitality.
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McMullen’s: Our London pubs are booming
McMullen’s co-managing director Heydon Mizon tells MCA that business is booming in the capital, after reporting the group’s highest annual turnover to date.
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Wetherspoon reports ‘continued improvement in sales’
The pub operator expects profits for the current financial year to be in line with market expectations, and an “improved outcome” for FY24
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Young’s acquires three Marston’s pubs
The Libertine in Bournemouth, White Hart in North Chippenham and White Lion in Tenterden are from Marston’s premium Revere division
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Pub People boosts freehold estate
The Downing-backed, Mark Crowther-chaired operator acquired six freeholds from Stonegate in June 2023
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Bar and pub spend fuelled by warm weather
Spending at pubs, bars and clubs increased 8.4% in June - its biggest boost since January this year, according to Barclays