Pubs, Bars & Clubs News – Page 40
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NewsCamerons welcomes return to profit
The North East brewer and pub operator achieved a profit after tax of £0.4m in the eight months to 2 January 2022, following a loss of £7.4m the previous financial year
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NewsHall & Woodhouse returns to profit
The independent family brewer and pub operator said that the last financial year had been challenging, but the crisis had given rise to opportunities for acquisition
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NewsArc Inspirations secures £19m investment from BGF
The northern bar operator is looking to double its 18-strong footprint over the next three to five years, by continuing its cluster strategy of opening multiple venues in major UK cities, across its three brands
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NewsAdnams rewards loyal staff
The Suffolk-based brewer, pub and hotel operator is repaying staff who took salary reductions during the pandemic
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NewsBrewDog planning 27 new openings in 2022
The Scottish brewer and beer operator opens it latest UK site today in Basingstoke, which will be followed by bars in Waterloo, Lincoln, Ipswich and Chester.
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NewsNightcap continues with cluster expansion strategy
The operator of several late-night bar businesses has secured a flagship site for The Cocktail Club in Birmingham’s Temple Street
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NewsBrasserie Bar Co ready to exploit opportunities
The White Brasserie and Brasserie Blanc operator is now “exceptionally well capitalised” following its sale to Alchemy
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NewsPub operators ‘feeling the squeeze from all sides’
The price of a pint at the bar is set to be hard-hit by inflation in the coming months, according to estimates from sector leaders
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NewsTrading growing steadily at Barkby
Barkby Pubs saw strong trading between July and September 2021, with record revenue and profits for that quarter, and is looking for further acquisition opportunities
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NewsShepherd Neame achieves ‘strong rebound’ in sales
The brewer and pub operator, which announced the issue of its first dividend since October 2019, said most of its London pubs were now trading at near normal levels
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NewsPortobello builds base in the south
Having acquired five pubs on the South Coast, Portobello Starboard chairman Mark Crowther told MCA it gave the company scale to pick up further sites in the region
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NewsDrake & Morgan sees strong return to trading
The bar and restaurant group has seen a strong return to trading levels since the removal of Plan B restrictions at the end of January, as it recovers from a tough FY21 financial year.
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NewsRural pubs handed lifeline
Three endangered community pubs have been given money from the government’s levelling up fund
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NewsPubs Code changes coming in April
Changes to the Pubs Code, including to time limits for Market Rent Only negotiation and arbitration, will take effect from 1 April 2022, the government has said.
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NewsStonegate to press ahead with capex programme
Chief executive Simon Longbottom said the group is “in great shape” and that its conversions to its managed estate are delivering promising results
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NewsSBPA appoints new president
Molson Coors’ strategy director Andrew Lawrence will take over from Hawthorn’s Edith Monfries as president of the Scottish Beer & Pub Association
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NewsCity Pub Group sells pub package to Portobello Starboard
The five pubs on the South Coast of England, including three in Brighton, were sold for £16.2m
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NewsMPs report calls for tax equality for pubs
The outdated tax on bricks and mortar is threatening investment in high streets, skills, and communities, a group of MPs has warned
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NewsBeer prices up by 45p a pint
The price of a pint of beer has gone up by 20-45p a pint at Marston’s and by up to 20p a pint extra at Wetherspoons, it has been reported
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NewsSoaring energy prices threaten last orders for pubs
Hospitality and leisure sector businesses are struggling to secure manageable gas and electricity deals, the Financial Times reports