Pubs, Bars & Clubs News – Page 56
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NewsFlight Club set for Bristol debut
Flight Club, the Red Engine-backed competitive socialising concept, is set to open a new site in Bristol later this year.
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NewsGovernment bans takeaway alcohol in latest lockdown
Pubs and restaurants will be unable to serve takeaway alcohol under England’s latest lockdown rules, the Government has confirmed.
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NewsPunch Pubs reports losses
Punch Pubs, the operator of over 1,200 individual pub business, has reported a loss for the year ending 16 August 2020.
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NewsLaine Pub Company remains confident despite losses
Laine Pub Company is in a strong position to trade ‘for the foreseeable future’, despite losses incurred due to the coronavirus pandemic.
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NewsBrewDog in talks over vaccine hubs
BrewDog is in talks with the British and Scottish governments over offering its bars to help roll out the coronavirus vaccine.
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NewsMarston’s strikes deal with Brains
Marston’s has announced a deal that will see it operate 156 Brains pubs in Wales. The combination of leased and management contract arrangements consists of a freehold estate of 86 managed and 55 tenanted pubs, together with a leasehold estate of 15 managed pubs and bars. It employs around 1,300 people. Marston’s already has 106 pubs in Wales but plans to continue to operate the existing 156 Brains pubs under the Brains brand. Marston’s will operate the 141 freehold pubs on a leasehold basis from February 2021, with rent chargeable from April 2021. The majority of these will be on long lease agreements of 25 years. The deal is set to complete in February 2021.
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NewsStar to appeal £2m PCA fine
Star Pubs & Bars will appeal the fine imposed by pubs code adjudicator (PCA) Fiona Dickie for what she described as “seriously and repeatedly” breaching the code over nearly a three-year period.
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NewsPubs to take £2.6bn sales hit in December
The pub and bar sector could face food and drink sales losses of at least £2.6bn this month, according to new data from OrderPay.
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NewsDeltic acquired by Rekom, 10 sites to close
Deltic has been bought of administration by Rekom Group, the Nordic nightlife operator.
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NewsTim Martin: Government relying on ‘false information, rather than truth’
Wetherspoons chairman Tim Martin has accused the government of relying on “false information, rather than truth,” leading to “inevitably poor outcomes.” In an update on the London Stock Exchange, Martin said that over 50 million pub visits had been registered at Wetherspoons sites using the track and trace system, and there have been no outbreaks reported in the company, highlighting the “faulty” nature of government sources of information.
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NewsRevolution secures further liquidity as restrictions hit sales
Revolution Bars has reported sales significantly down in the first 24 weeks of FY21 as a result of “severe and constantly evolving trading restrictions.”
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NewsGovernment accused of siding with landlords in pubs code review
The government has been accused of siding with pub landlords over tenants in its pubs code review completed last month, The Times reports. Business secretary Alok Sharma has been told by group’s representing about 7,000 tenants that the review “promised so much and delivered so little,” leaving publicans exposed to the impacts of the coronavirus crisis. Responding to the evaluation last month, British Beer and Pub Association CEO Emma McClarkin praised the government’s recognition that the code doesn’t require fundamental changes.
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NewsWetherspoon completes £30.4m development in Dublin
JD Wetherspoon has made the largest investment in its 41-year history in the development of a pub and hotel in Dublin.
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NewsBrains up for sale
Welsh brewer and pub operator SA Brain has put itself up for sale, the Sunday Times reports.
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NewsOakman Group opens share offer to customer base
Oakman Group, the operator behind Oakman Inns and Restaurants and Ashmore Inns, is looking to capitalise on the post-pandemic market and double its estate by 2026.
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NewsDeltic files for administration
Nightclub operator Deltic has filed a notice to appoint administrators. The group, which owns late-night brands including Pryzm and Bar and Beyond, announced its intention to sell in October, but has been as yet unable to secure a buyer. Over the last few weeks, private equity firms Greybull Capital and Aurelius emerged as interested parties in the group, but Scandinavia bar operator Rekom Group has since come to the fore as the preferred bidder to buy Deltic through a pre-pack administration. It’s understood that any deal could see the permanent closure of some of its 52 sites.
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NewsParliamentary group formed to support late-night businesses
A group of cross-party MPs and peers have formed an All-Party Parliamentary Group (APPG) for the night-time economy.
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NewsStonegate offers 90% rent credit for tier 3 tenants
Stonegate Pub Company has announced additional support for businesses in its leased and tenanted division, Ei Publican Partnerships, in response to the government’s tier system.
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NewsScottish tiering shift “bitter sweet” for hospitality
Nicola Sturgeon’s latest tiering review has been described as “bitter sweet”, and “not […] enough to help an industry in crisis,” with thousands of Scottish businesses still unable to open for the Christmas period.
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NewsLiberation reacts to Jersey circuit breaker
Liberation Group is “disappointed but understanding” at news it will have to close 44 pubs in Jersey as the crown dependency enters a circuit breaker lockdown.