Pubs, Bars & Clubs News – Page 425
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Hosts warned over false hygiene scores
Licensees displaying incorrect food hygiene ratings could face prosecution, the Food Standards Agency (FSA) has warned
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Fifteen pubs go to auction
Freeholds of 15 pubs located in Wales and the West Country are up for auction on 4 September
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St Austell embarks three-year archive project
St Austell Brewery has announced it has begun what it believes could be one of the biggest ever archive projects in the brewing and pub trade in an attempt to document its 160-year history
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NewsGreene King makes remuneration changes
Greene King has made changes to its remuneration policy that it says would align it closer with its aim of achieving long-term growth for shareholders
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Hearstone losses widen before merger
Losses for both trading companies widened despite growth in turnover in 2012 as Heartstone reiterates plans to expand
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NewsCollyer raises Enterprise TP by 40%
Leading sector analyst Geof Collyer has raised his Target Price for Enterprise from 135p to 190p ahead of the next phase of “rehabilitation” for the company
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Prideaux to oversee O’Neill’s
Will Prideaux, former retail operations director at Marston’s, has joined Mitchells & Butlers (M&B) to oversee its c50-strong O’Neill’s estate
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Evan Evans on expansion trail
CEO Simon Buckley tells M&C Report that the pub property market outside the M25 “idiot circle” has “bottomed out”
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Punch launches Finest Cask website
Punch Taverns has launched a website for its Finest Cask scheme, its guest ale programme that has been running for over 10 years
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US broker downgrades Marston’s
US broker Jefferies has downgraded Marston’s to ‘hold’ from ‘buy’ from on valuation grounds
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Joule's names veteran as head brewer
Joule’s Brewery, the Shropshire-based brewer and pub operator, has appointed brewing veteran Mark Leedham as its head brewer
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Inventive unveils latest investment
Inventive Leisure has re-opened the third site under its £6.6m estate investment programme with a £300,000 spend at Revolution Brighton
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B&P secures Ribble Valley site
Brunning & Price has secured a further site in the North West, the Aspinall Arms in the Ribble Valle
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Rise in staycation holidays
The ‘staycation’ trend is bigger than ever, with 41 million Brits choosing to holiday at home this year, new figures show
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NewsPitcher & Piano eyes growth options
Colin Sadler, MD of Marstons’ premium pub division Revere, has told M&C Report he hopes to have another new site for Pitcher & Piano secured this year
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Polpo receives backing for next launch
Polpo Ltd has worked with NatWest to fund the opening of its next venture Ape & Bird in Shatfesbury Avenue
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Red Willow to open first pub
Cheshire-based Red Willow Brewery is set to open its first pub in September
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Arc to open 'urban' bar
Arc Inspirations is to open its 10th site in August and plans a further two openings this year
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NewsConvivial placed on the market
Convivial London Pubs, the six-strong Enterprise Investment Scheme (EIS)-funded managed pub operator, has been placed on the market, with offers in excess of £16.9m sought. Convivial, which is led by Kris Gumbrell, is being offered for sale by Christie + Co on a share, or individual asset basis
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Collyer: JDW needs proof of stability
Leading sector analyst Geof Collyer says investors should demand more “proof of stability” in JDW, although he raised his Target Price after a “better than expected” Q4