Pubs, Bars & Clubs News – Page 373
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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
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NewsPunch: net income grows in core estate; restructure talks continuing
Punch Taverns has reported a 1.4% rise in like-for-like net income in its core estate in the 28 weeks to 1 March, with average profit per pub up 4% across the entire estate
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Fuller's buys two London riverside sites
Fuller’s, the London brewer and pub operator, says it continues to seek new acquisition opportunities after buying two freehold sites on the bank of the River Thames
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Drinks Group eyes further Chilli White openings
The Drinks Group, a vehicle formed out of remains of the former Yellowhammer estate, is looking to add further sites under its Chilli White restaurant and bar brand
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NewsJDW negotiates for UK’s biggest pub
JD Wetherspoon is in negotiations with Ramsgate council to acquire the Royal Victoria Pavilion, which could be the UK’s biggest pub
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Brighton’s Oceana to become Pryzm
The Luminar Group, the UK’s biggest nightclub operator, is spending £1m revamping Oceana in Brighton to its new Pryzm concept
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Trade bodies resist 'complex and unfair' licence fee changes
Trade bodies have warned that the Government’s proposed changes to licence fees could result in ‘increased costs and complexity’