Pubs, Bars & Clubs News – Page 386
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NewsGovernment misses MPs' pubco code deadline
The Government has missed the deadline set by a committee of MPs to reveal its intentions towards intervening in the tenanted pub company model, M&C Report has learnt
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Ribble Valley Inns expansion continues
Ribble Valley Inns, the food-led pub business owned by the Northcote Group, has secured its fifth site, and its first in Cheshire, and said it’s in “advanced negotiations” on acquiring another in the county
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InnBrighton builds London presence
InnBrighton, the Brighton-based multiple pub operator, has increased its London presence by securing a site in Islington
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Ex-Publican editor joins BII
The BII has appointed former Publican editor-in-chief Caroline Nodder to the executive board to head up its membership and communication divisions
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Pubco code 'may protect bad tenants'
Government plans to intervene in the tenanted pub company model could be anti-competitive and may “end up protecting those with less good business sense”, according to a think tank that looks at competition and regulation
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NewsArkell's profits fall in 'challenging' year
Arkell’s, the Wiltshire-based brewer and pub operator, saw profits before exceptional items and tax fall 21% to £1.4m in the year to 31 March 2013
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Butcombe PBT falls 58.5%
Butcombe Brewery has reported a sharp fall in full-year profits and says it’s taking action against its legal advisors in relation to costs incurred to enact a break clause on a pub lease
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NewsJDW and coffee shops benefit from Woolworths demise
JD Wetherspoon and coffee shops were amongst the beneficiaries of the collapse of retailer Woolworths, according to carried out by Gateshead-based retail consultancy CannyInsights.com
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Pickled Inns emerges from Flying Kiwi Inns
A new Norfolk-based company Pickled Inns has been a launched after the acquisition of two pubs from Flying Kiwi Inns, the group led by Kiwi chef Chris Coubrough and his wife Jo.
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Taxpayers 'subsidising unfair practices of pubcos'
Taxpayers will subsidise the “unfair” practices of tenanted pub companies to the tune of c£33m - or potentially more than £100m - per year unless the Government presses ahead with plans to reform the tenanted model, a political think tank has told the Government
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Jack: Spirit’s outperformance to have continued
A leading analyst has said that he expects Spirit Pub Company’s outperformance against the sector to have continued over the last 12 weeks
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Tynemill reports steep fall in FY profits
Tynemill, the East Midlands brewer and pub operator that trades as Castle Rock Brewery, saw pre-tax profits fall from £314,700 to £75,000 in the year to 31 March, a period the group called “particularly challenging”.
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Chinese group secures Ram Brewery
Chinese group Greenland has made its first investment in the UK after securing the Ram Brewery in Wandsworth from Minerva for a total investment of £600m
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Brakspear holds prices of own ales
Pub operator and brewer Brakspear is holding prices on all Brakspear ales supplied to its 129 pubs
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Jamaica Inn on the market
The Jamaica Inn, the Cornish pub that was the inspiration for Daphne du Maurier’s novel of the same name, has been placed on the market for £2m, according to The Times
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NewsOakman FY lfls rise 14.5%; losses widen
Oakman Inns and Restaurants, the Hertfordshire-based group led by Peter Borg-Neal, has reported a 14.5% rise in like-for-like sales in the year to 31 March as turnover grew 18.8% to £9m
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All Our Bars Christmas lfls rise 2.4%
All Our Bars, the Kent-based multiple pub operator led by Paul Wigham, has reported a 2.4% rise in like-for-like sales over Christmas but said it could have been better if the weather had been more favourable
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NewsMarston's markets £6.6m sale and leaseback
Marston’s is marketing the freehold of a landmark Pitcher & Piano site in Newcastle on a sale and leaseback basis for offers in excess of £6.6m
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NewsRollo: Spirit one to avoid
A leading analyst has chosen Spirit Pub Company as one of his four stocks to avoid in 2014
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New Moon Pubco to launch Beef & Pudding
New Moon Pub Company is set to open the first site under its new food-led concept, Beef & Pudding, this spring in Manchester city centre.