Pubs, Bars & Clubs News – Page 438
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Neame predicts statutory pub code will not materialise
There will not be a statutory code of conduct for the pub industry, according to the chairman of the British Beer & Pub Association (BBPA).
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BBPA criticises Gov’t over consultation process
The BBPA has accused the Government of having “inadequate and insufficient evidence” to make statutory intervention
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Tuppen: code consultation 'a disgrace'
Enterprise Inns chief executive Ted Tuppen has labelled the Government’s consultation into the statutory code for pub companies “a disgrace”
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Jack: GK cut from Add to Hold
A leading analyst has cut his stance on Greene King to Hold in the run up to the pub operator’s full year results next week
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Richards to step down from Novus
Steve Richards is to step down as chief executive of Novus Leisure this summer after eight years with the premium late-night bar and restaurant operator
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Cable: Government to probe code impact
Vince Cable has revealed that the Government will carry out independent research to analyse the impact of its statutory code proposals on the pub industry
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Heineken labels Gov’t proposals ‘misguided’
Heineken has labelled many of the Government’s proposals to reform the pub sector as “misguided” and called on it to work with the company on a more ambitious agenda for growth in the sector
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St Austell secures Browns deal for Korev
St Austell Brewery’s Cornish lager, Korev, will be available in Browns restaurants across the UK from this month as part of an exclusive deal
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NewsIntertain eyes £5m sale and leaseback
Intertain has placed two of Walkabout sites on the market as part of a sale and leaseback opportunity, which values the two investments at £5m in total
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Robinsons PBT grows 86%
Cheshire brewer and pub operator Frederick Robinson has given more details of its reorganisation plan as it reported an 86.1% rise in pre-tax profits to £3.4m in 2012
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NewsCable: 6,000 responses submitted to pubco consultation
Business Secretary Vince Cable described the response rate for the consultation on a statutory pubco code and code adjudicator as “remarkable”
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Bramwell: no number in mind for Wild Lime
Roger Moxham, chief executive of Bramwell Pub Company, has stressed that the company has not target numbers in mind for its new Wild Lime concept
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Greene King donates to Pub is the Hub
Greene King has injected an undisclosed dose of cash into Pub is the Hub, the organisation that helps pubs expand their services to the local community
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Bramwell RoIs 'north of 60%'
Bramwell Pub Company has achieved returns on investments “comfortably north of 60%” since its investment programme began following refinancing in September, M&C Report learns
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More than half oppose JDW motorway pub: survey
More than half (54%) of people believe JD Wetherspoon’s plan to open a pub on a motorway services is a “bad idea”, says a survey of 2,000 people
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Greene King refinances
Greene King, the brewer and pub operator, has announced that it has completed its refinancing in a move that increased its bank loan facilities to £460m and extended until June 2018
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Bramwell targets 12 premium London conversions
Bramwell has about 12 sites that would suit conversion, CEO Roger Moxham tells M&C Report as the company prepares to launch a new version of the format
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Novus to double web sales
Novus Leisure has revealed that 15% of its total sales come from its website, and the company expects that figure to double over the next three years
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Cockerill grows free-of-tie pub venture
Daryl Cockerill, managing director of Charnwood Pub Company, has added a third pub to his free-of-tie pub venture Hillery & Scott