Pubs, Bars & Clubs News – Page 360
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NewsSt Austell eyes expansion for coffee brand
St Austell Brewery is looking at plans to introduce its Brewer & Bean coffee brand into the company’s tenanted pubs and potentially its freetrade business, M&C Report has learnt
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NewsCamerons eyes more sites for Head of Steam
Camerons has identified more sites with the potential to be converted to The Head of Steam (THoS) concept, but it’s not planning “loads” of conversions to the format, M&C Report has learnt
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Ridge & Furrow to double up
Ridge and Furrow Inns, the company set up by former Ever So Sensible Group director Scott Whittaker, will open its second pub in Nottinghamshire, later this year
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Imbiba extends latest fundraising round
Imbiba Partnership has extended its latest round of fundraising by another month as it looks to add further sites to its Darwin & Wallace (D&W) and Camm & Hooper (C&H) vehicles
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Offers accepted on five HK Taverns pubs
Offers have been accepted on all five freehold pubs formerly part of HK Taverns, the 50-strong Midlands-based operator that collapsed in May last year
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Leopard Leisure sells bar to manager
Leopard Leisure, the north east pub operator owned by former Pubmaster operations director Harry Costigan, has disposed of The Empress in Newcastle to focus on its real ale pubs
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Redcomb undertakes major refurb, plans expansion
Redcomb Pubs, the company run by Dan Shotton and Mark Draper, has begun a major refurbishment of two of its pubs to expand on the dining and accommodation arm of its pubs
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Pubs to be protected in the capital
Pubs that are sold could be protected from developers who want to change the use of a venue under a proposed amendment to planning policy Westminster City Council
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Jack reiterates Buy for Spirit
Leading analyst Douglas Jack has reiterated his Buy recommendation for Spirit Pub Company following its H1 results this morning, and said forecast risk for Spirit is “on the upside”
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NewsSpirit H1 PBT grows 11%; managed lfls up 4.8%
Spirit Pub Company has reported an 11% rise in pre-exceptional pre-tax profits to £22m in the 28 weeks to 1 March, with like-for-like sales up 4.8% in its managed sites and like for like net income up 2.6% in the leased business
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NewsSt Austell opens first Brewer & Bean outlet
St Austell Brewery, the Cornish brewer and pub operator, has opened its first Brewer & Bean coffee retail outlet at the Great Western Hotel in Newquay
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NewsPeach looks for new FD as it eyes expansion
Peach Pub Company has announced that it’s searching for a new financial director as it looks to add two pubs and reach a turnover of £23m by the end of this year
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NewsIntertain’s Miller joins Novus
Sarah Miller has stepped down as head of HR at Intertain to join rival late-night operator Novus Leisure as its new HR Director
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Take school children to the pub for lunch, urges minister
Serving school children their school lunches in a pub will help preserve community inns by helping struggling pubs and feeding children “really good quality food”, says Brandon Lewis, the community pubs minister
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NewsJack expects 'strong update' from Greene King
Leading analyst Douglas Jack says he expects a “strong update” from Greene King next week, with a “good chance of upgrades”
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Harveys reinvest cost savings profits
Harveys, the East Sussex pub operator and brewer, will be re-investing the £1.1m operating profit gained in 2013 from the sale of two properties last year in acquisitions and refurbishments of existing pubs
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Black Country Ales acquires ex-Punch pub
Black Country Ales, the Gornal-based micro-brewer and pub operator, has bought the Swan pub in Halesowen, near Dudley, from Punch Taverns following a campaign in the town to prevent the sale to a supermarket chain
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Arran Brewery expands following fundraising
Arran Brewery, the Scottish brewer, is planning further fundraising after allocating £160,000 to expand its brewery on the Scottish isle and to build its export business to the US, M&C Report has learnt.
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Young managers run £1m+ turnover pubs
Most pub managers under 30 are running businesses with a turnover of more than a million pounds, with fewer than three years training to gain the position, according to a survey by Pub & Bar Careers Perceptions
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NewsMartin attacks rivals
JD Wetherspoon chairman Tim Martin has given his most direct criticism yet of major pub companies, saying that pubco directors who have failed to support Jacques Borel’s VAT Club “deserve to be taken to task for their poor commercial judgement and appalling track records”