Pubs, Bars & Clubs News – Page 304
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Fuller’s H1 managed lfl sales up 6.5%
Fuller’s has this morning reported a 6.5% increase in like-for-like sales across its managed pubs and hotels division
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Collyer: Brewers will be the biggest winners
Leading analyst Geof Collyer Deutsche Bank has said that brewers will be the biggest winners from yesterday’s vote against the beer tie, and said he would be surprised if more than 20% of pubs took up the market rent only option
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Gov.t accepts decision on MRO
The Government has accepted MPs’ decision to vote for a market rent only clause for tied tenants in the pubs code and will not seek to challenge it
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Pender named BII chairman
Yummy Pub Company co-founder Anthony Pender has been unveiled as the new chairman of the British Institute of Innkeeping (BII).
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Baa Bar looks to consolidate its estate
Baa Bar has placed two of its sites on the market as it looks to consolidate its estate and move away from its student-focused format
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Fine & Country Inns close to deal on two new sites
Fine & Country Inns founder Gary Hunt has said he is close to securing two new sites in Yorkshire.
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Bradford Brewery confirms first pub site
Bradford Brewery, the Yorkshire brewing company that is bringing brewing back to Bradford city centre, has confirmed its first site will open in February 2015 with a Pieminister kitchen
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Heartstone acquires 10th freehold
Heartstone Inns, the Enterprise Investment Scheme (EIS)-backed freehold pub operator, has acquired its 10th freehold site – Cockhaven Manor in Bishopsteighnton, south Devon
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Analyst corner: Brumby on Punch
Mark Brumby at Langton Capital asks what if Punch scrapped Beer Tie, became a Prop Co, beefed up Buying Club, distributed 25% of it free to tenants & listed remainder on the Stock Market?
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M&B named Top 100 apprenticeship employer
Mitchells & Butlers (M&B) has been recognised in the Top 100 Apprenticeship Employers list
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Abolishing beer tie would be terrible news for pub-goers
Punch Taverns chairman Stephen Billingham has said that abolishing the beer tie would be terrible news for UK pub-goers
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Pubcos consider legal challenge over pub code
Punch Taverns, Enterprise Inns and the British Beer & Pub Association (BBPA) will consider legal action if the vote by MPs to defy the government and break the beer tie is passed into law
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Anglian Country Inns wins Gastropub of the Year award
Anglian Country Inns’ site the Fox at Willian has been announced as Gastro Pub of the Year for England in the inaugural Food Awards England and Wales 2014
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Phil Davison passes away
Phil Davison, the chairman of Inn-Dispensable, the sector training course provider, has died following a battle against cancer
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Young’s H1 managed lfls up 7%
Young’s has reported a 7% rise in like-for-like sales across its managed estate in the 26 weeks to the 29 September
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Salisbury Pubs wins inaugural allergen award
Salisbury Pubs’ site the Alford Arms in Frithsden, Hertfordshire has won an award for being the most allergen-aware eatery in the UK.
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Spirit launches dedicated apprenticeship scheme
Spirit Pub Company is to bring the delivery of its apprenticeship scheme in-house.
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Pubco shares drop in wake of pubs code announcement
Enterprise Inns and Punch Taverns saw their share prices plummet in reaction to the news that a market rent only option would be included in the pubs code.
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JW Bassett eyeing freeholds for growth
Cardiff-based pub operator JW Bassett is on the expansion trail and looking to add another freehold pub to its South Wales estate, managing director Jon Bassett told M&C Report
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Provenance Inns rebrands to reflect focus on accommodation
Provenance Inns co-founder Michael Ibbotson has told M&C Report that he will be focusing on accommodation to drive future growth of the company.