Pubs, Bars & Clubs News – Page 361
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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”
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NewsCamerons converts managed pub to Head of Steam
Camerons, the Hartlepool-based brewer and pub operator, is converting one of its existing managed pubs to The Head of Steam next month
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NewsHarveys profits rise after cost savings
Harveys, the East Sussex brewer and pub operator, saw operating profits grow 13% to £295,405 in 2013 after it achieved savings in “various areas of expenditure”
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NewsBII chairman Bernard Brindley dies
Bernard Brindley, the pub industry stalwart and chairman of the BII (British Institute of Innkeeping), has died, aged 63
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NewsAll Bar One set for double London opening
Mitchell & Butlers (M&B) has confirmed it will open two further sites under its All Bar One brand in London this summer
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NewsUpham Pub Company raises £2m; buys pub
Hampshire-based Upham Pub Company has raised a further £2m for expansion and secured its ninth site, co-founder David Butcher has told M&C Report
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Thistle III sale aborted
Thistle Pub Company III, the EIS-backed, Scottish pub group managed by Maclay Inns, is considering its strategic position after failing to secure an acceptable offer for the sale of the group
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NewsBatram issues Buy for Spirit
Leading analyst Nicholas Batram has issued a Buy recommendation for Spirit ahead of its H1 results on Thursday (24 April)
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Punch refreshes its cask offerings
Punch Taverns has introduced 16 beers to its Finest Cask scheme for the spring season, which includes contributions from seven new brewers including Island Brewery and Conwy Brewery
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NewsAnalyst corner
Beaufort Securities has reiterated its Hold recommendation for Punch Taverns following the pub company’s interim results for the 28 weeks to 1 March
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Southampton to consult residents on late-night levy
Southampton City Council has voted to consult residents on the prospect of a late-night levy
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Evan Evans names first ops manager; eyes expansion
Evan Evans, the south Wales brewer and pub operator, has appointed its first operations manager as it looks to add a further five over the next six months
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Draco Pubco up to three
Draco Pub Company is set to open its third site, and is looking for further expansion opportunities
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Wacky Warehouse to offer free lifetime membership
Wacky Warehouse, the nationwide soft play centre run by the Spirit Pub Company, is celebrating its 20th anniversary by giving 20 children lifetime membership worth over £1,000
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NewsBarworks brings distilling back to East London
Barworks, the London bar operator, is refurbishing and installing a distillery at former Fat Cat Café bar in Bow Wharf that was acquired following administration
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NewsPunch: Restructure, investments, Punch Foundation Tenancy, disposals
M&C Report takes a closer look at the results for the 28 weeks to 1 March for Punch Taverns and speaks to executive chairman Stephen Billingham
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Faucet Inn sites on the market
Faucet Inn is believed to have placed a number of its sites on the market, as it looks at funding options for its future expansion
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NewsStonegate embarks on Britain’s Biggest Pub Crawl
Stonegate Pub Company is inviting people to take part in Britain’s biggest pub tour to raise money for children’s charity Variety taking in all 625 of Stonegate’s venues across the country
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House's Rusty Nail to open this summer
Nick House, the co-founder of premium late-night venues Mahiki and Whisky Mist, has unveiled more details about his latest opening – an exclusive nightclub called Rusty Nail on Hertford Street, Mayfair