Pubs, Bars & Clubs News – Page 358
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Balfour Lynn has a Cunning Plan for pubs
Richard Balfour-Lynn has launched a new name for his fledgling pub venture - The Cunning Plan Pub Company
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NewsAnalyst corner
Sahill Shan at N1 Singer reports on Greene King’s analyst briefing from earlier this week and how it has evolved into a multi-faceted restaurant/casual dining company
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Hall & Woodhouse see rise in second career landlords
Hall & Woodhouse, the Dorset brewer and pub operator, has found a rise in interest from professionals and academics looking for a career change are interested in running their own pubs
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Brewhouse on target for expansion plan
Brewhouse & Kitchen, the Enterprise Investment Scheme (EIS) backed venture, is on target to raise funds to enable the acquisition of four pubs by the end of the year, M&C Report has learnt
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Hook Norton continues pub disposal programme
Hook Norton, the Oxfordshire brewery and pub operator, is planning to let go of two more pubs as part of its disposal programme, which is enabling investment in its existing estate
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Shadow pub minister predicts no action on code
The Government will not introduce a statutory code on the pubco-tenant relationship this Parliament, Labour’s shadow pubs minister has predicted
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NewsBath Ales eyes two-pronged expansion
Bath Ales, the brewer, pub and restaurant operator, is planning a two-pronged expansion strategy based around its Graze and Beerd formats
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McMullen invests in major refurb programme
McMullen, the Hertford-based brewer and pub company, has invested £240,000 renovating five of its pubs as part of its on-going investment plans across its estate
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Country Village Inns doubles estate
Country Village Inns, the Yorkshire Dales pub operator, has opened its second site in Settle, Yorkshire, and plans to look for a third pub next year, M&C Report has learnt
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City Pub Co secures additional site in Norwich
City Pub Company has continued its expansion with the acquisition of a further site in Norwich
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Classic Inns introduces Summer Lovin' menu
Stonegate Pub Company has launched a summer menu of seasonal food and drinks across its Classic Inns called the “Summer Lovin’” range, which will include sharing platters, sorbets and summer mixer drinks
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The Number Works grows steak and cider concept
The Number Works, the family-run pub company in Hereford, has extended its estate to 11 with new openings in Herefordshire and Warwickshire and continues to eye expansion
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Hawthorn Leisure plans further acquisitions
Hawthorn Leisure is looking at making further acquisitions in the sector and plans to “unlock the potential” in wet-led pubs currently considered non-core by the established pub companies
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NewsBrakspear opens third managed pub
Brakspear, the Oxfordshire-based pub operator, is set to open its third managed site, M&C Report has learnt
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Barworks to open eighth bar site
Barworks, the London-based bar and pub operator, will open its eighth site, the Three Johns in Islington’s this week, with a ninth lined up for later this year
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Ideal eyes expansion of pub and café estate
Ideal Collection, the independently owned south coast based operator of pubs and cafes, is looking to acquire another pub site this year and grow its Boat House Café concept
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NewsGreene King sells 275-strong portfolio to new venture
Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King, for £75.6m.
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NewsPunch bondholders waive covenants
Talks regarding the restructuring of Punch Taverns are set to continue after the pub company announced this morning that its bondholders had voted in favour of waiving covenants that would otherwise have placed the company in default
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CAMRA to step up opposition to some pubcos
The Campaign for Real Ale (CAMRA) is to step up its opposition to some pubcos after a member “revolt” at its national conference at the weekend
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Minimum pricing u-turn warning
Veteran political reporter Adam Boulton has warned the pub trade to expect David Cameron to perform a ‘u-turn on his u-turn’ and re-visit minimum pricing of alcohol