Pubs, Bars & Clubs News – Page 349
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NewsStatutory code to have 'little practical difference' to pubcos
Government plans to introduce a statutory code in the tenanted sector should have a “small negative impact” on Enterprise Inns and Punch Taverns, but overall make “little practical difference” to quoted operators, according to leading analyst Douglas Jack
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Dishoom up to three
Dishoom, the all-day Indian cafe concept, has confirmed that it has secured its third site in London, in King’s Cross
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NewsTim Martin denies ‘taxing’ Wetherspoon’s supply chain for VAT campaign
JD Wetherspoon chairman Tim Martin has denied he is ‘taxing his supply chain’ in order to secure financial support for the VAT Club campaign for tax equity between pubs and supermarkets
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Tavistock Leisure to accelerate brewtap rollout
Tavistock Leisure, the Sunderland-based bar, restaurant and hotel operator, is to focus on expanding its brewtap/restaurant business with plans to open a further nine sites under this format over the next two years, managing director Mark Hird has told M&C Report.
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NewsR&L Properties disposal completed
On the back of Hawthorn Leisure’s acquisition of 88 pubs from the former estate of Robert Tchenguiz, the sale process of the R&L Properties pubs portfolio have now been completed for a total sum of c£75m
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Evan-Evans launches London brewing and pub venture
Evan-Evans, the south Wales brewer and pub operator, is to launch a London-based cask ale brewing venture as it targets leasehold pub acquisitions in the south east
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Pubco statutory code: the key proposals
M&C Report’s sister title the Publican’s Morning Advertiser outlines the main proposals of the Government’s plan to intervene in the tenanted pub model
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NewsYummy: Foundations in place to up expansion rate
Yummy Pub Co has told M&C Report that it now has the foundations in place to up its expansion rate, after it extended its partnership with Charles Wells
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Barworks and Diner set for growth
London-based pub and bar operator Barworks has secured a ninth site, while its sister business The Diner is to add an eighth eponymous restaurant, M&C Report has learnt
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NewsJDW opens three hotels
JD Wetherspoon, the managed operator, spent £7m opening three hotels in April, taking the total number of hotels it operates to 29
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Lost Group consolidates estate
Lost Bars Group, the London-based pub, bar and restaurant business, has placed two of its sites on the market as it looks to consolidate its estate
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Taylor Walker launches History & Ale app
Taylor Walker, the c110-strong Spirit Pub Company brand, has launched a History & Ale trail app across its London sites
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NewsSpirit supports Prostate Cancer UK’s Men United campaign
Spirit Pub Company has announced it is to support Prostate Cancer UK’s Men United campaign this summer
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Punch launches gaming machine initiative for tenants
Punch has launched a Machine Reporting Suite for its pub operators to maximise the activity and income from gaming machines in pubs, via an online portal through the Punch Buying Club website
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Admiral and Sheps welcome 'end of uncertainty'
Another two senior pub company figures have expressed disappointment at Government plans to introduce a statutory code in the tenanted sector, but welcomed the end of a period of uncertainty
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Beds & Bars to open cider bar
Beds & Bars, the bars-meets-hostels operator, is to open a cider bar above its Belushi’s site in London’s Covent Garden next Wednesday
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Brakspear’s ‘mystery customers’ are 10% more satisfied
Brakspear, the brewer and pub operator, has seen a 10% rise in mystery customer satisfaction since it implemented the mystery customer scheme in 2010, with average pub satisfaction scores over 80%
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NewsStatutory code has little effect on pubco share prices
Yesterday’s news that the Government is to introduce a statutory code and adjudicator into the pubco/tenant relationship had little impact on the movement of shares among listed pub groups that operate tenanted and leased outlets
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Hawthorn: up to 2,000 pubs could fit our criteria
Up to 2,000 existing pubs could fit the criteria for Hawthorn Leisure, which has no cap on its expansion ambitions, Noah Bulkin of the company’s joint backer May Capital has told M&C Report
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NewsRobinsons: tenancy innovation, operating profit grows 50.5%
Robinson’s, the Cheshire-based brewer and pub operator, is to introduce a more flexible tenancy agreement this year, which it hopes to rollout across most of its estate, joint managing director William Robinson has told M&C Report