Pubs, Bars & Clubs News – Page 342
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Inglenook strengthens pipeline
Inglenook Inns & Taverns, the Lancashire-based pub group, has lined up two more openings and hopes to secure a further two pubs before the end of the year, M&C Report has learnt
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NewsShan: Mixed start to year anticipated for GK
A leading analyst has said that he does not anticipate Greene King reporting a particularly strong start to the year given a solid +3.1% LFL comp
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4Q Pub Co eyes expansion
4Q Pub Company, the south coast-based group led by Nick Warner, is looking to expand further after securing its third site and first in Dorset
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Heartstone raises further equity
Heartstone Inns, the Enterprise Investment Scheme (EIS)-backed freehold pub operator, has raised a further £1m of equity as it looks to further add to its nine-strong estate
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Stagg takes Faucet Inn ops role
Chris Stagg has joined Faucet Inn, the London-based company led by Steve Cox, as its new operations director.
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Arc Inspirations opens third Pit bar
Arc inspirations, the Yorkshire bar operator, is opening its third bar under the Pit concept in Harrogate this week
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NewsDraft House to open ’dive bar and distillery’
Draft House, the London-based craft beer concept founded by Charlie McVeigh, is to open a “dive bar and distillery” beside its existing site at Tower Bridge, reports Hot Dinners magazine
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Cornish leisure operator enters administration
Brooks Hotel and Leisure, a family-run operator of a hotel, restaurant and pub in Cornwall, has entered administration proceedings
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Analyst corner
Douglas Jack at Numis examines yesterday’s announcement on Punch Taverns’ debt restructure and the pub company’s trading update
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NewsWadworth seeks new MD; FY PBT grows 16%
Wadworth, the Wiltshire brewer and pub operator, has announced that Charles Bartholomew is to stand down from his role of managing director and chairman in 2015 to become non-executive chairman
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Saunders unveils craft beer bar venture
Pub entrepreneur Matt Saunders hopes to open “three or four” sites in the Midlands under his new craft beer bar venture Crafted Bars, M&C Report has learnt
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Absolute Pubs up to five, eyes more
Absolute Pubs, the group led by award-winning licensees Simon and Sarah Bailey, has opened its fifth pub in Epsom, Surrey, and is in discussions about further acquisitions, M&C Report has learnt
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Urban bazaar planned for Cains site
A plan has been proposed for an “urban bazaar” street food market at the Cains Brewery site in Liverpool
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NI searches for Pub of the Year
Pubs of Ulster, the representative body for licensed trade in Northern Ireland, has launched its annual Pub of the Year competition to find the best licensees in the country
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NewsPunch Taverns restructure proposals agreed by stakeholders
Punch Taverns has announced that its latest restructure proposals have been agreed by “a broad range of stakeholders” including the influential ABI Special Committee
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NewsBrakspear pledges VAT Club funding
Brakspear has pledged to give funding to the VAT Club for the further year
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Pubs to get new price display obligations
Pubs and bars will be forced to display prices of the smallest measures of alcohol and “make customers aware” that these are available while at the bar, under new Government proposals tightening up licensing laws
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Kornicis backer in sales talks
National Bank of Greece (NBG) is reviewing bids for its London-headquartered private equity business NBGI, which backs Jamie’s Wine Bar operator Kornicis, and hopes to sell it by the end of September
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NewsOakman expansion continues
Oakman Inns & Restaurants, the award-winning pub operator led by Peter Borg-Neal, has secured its ninth site and its first in Essex, M&C Report has learnt
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NewsMcMullen’s eyes acquisition options
McMullen’s, the Hertfordshire-based brewer and pub operator, would look at newbuilds and unlicensed units as well as existing pubs for acquisitions, managing director Peter Furness-Smith has told M&C Report