All Pubs articles – Page 19
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Analysis & InsightRestrictions drag on drinks sales
Latest data from CGA shows the impact table service, social distancing and limits on group size are having on drink sales in pubs and restaurants.
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NewsGreene King joins work scheme
Greene King will offer 1,000 jobs to young people as part of the government’s Kickstart scheme with vacancies available across the UK from July.
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NewsDrinks sales soar for Euros
Drinks sales in pubs are up 176% since last week driven by football fans watching the Euro 2020 tournament.
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NewsEverards estate fully let and ready for 19 July
Everards has reported revenues were down 38% to £19.1m last year, with an operating loss of £1.2m.
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NewsCity Pub Group ups Mosaic stake
City Pub Group has acquired a 49% stake in Kensington Park Hotel and increased its shareholding in Mosaic Pub and Dining.
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Analysis & InsightHow UK pubs became the focus of a global investment frenzy
The Great British Pub has become the subject of fervent interest from international investor groups looking for operational real estate. But is the sector as distressed as these funds believe?
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NewsStar Pubs offers further rent concessions worth £19m
Star Pubs & Bars is to extend its 90% rent reduction for pubs and core leased and tenanted agreements in England, until 16 May.
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NewsJDW gearing up for pub reopening but with reduced hours
JD Wetherspoon (JDW) has earmarked 394 of its pubs for reopening on 12 April, but they are due to operate under reduced hours.
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NewsConservative MPs call for cut in beer duty
A group of 68 Conservative MPs have signed a letter calling for the Chancellor Rishi Sunak to cut beer duty in his upcoming Budget announcement on 3 March.
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NewsInn Collection Group appoints property director ahead of expansion
The Inn Collection Group has appointed a new property director, Louise Stewart, to assist in its multiple development and expansion plans this year.
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InterviewsHero Award: ‘I had an enormous synergy target going into lockdown’
Effectively managing relationships with a huge and diverse supply chain throughout a merger which saw Stonegate become the UK’s largest pub company would be no small task at the best of times. Factor in that Stonegate’s acquisition of Ei group happened around two weeks before the first lockdown in March last year and you can at least imagine the scale of the challenges that faced Suzanne Baker, commercial and property director at Stonegate.
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NewsDarby steps down from Brains
SA Brain CEO Alistair Darby has stepped down from the company after the completion of a deal that sees Marston’s take over the running of its pubs.
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NewsInn Collection Group founder retires
The Inn Collection Group founder Keith Liddle has stepped down from his role as executive deputy chairman to enter planned retirement.
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NewsMarston’s rejects share offer from Platinum Equity
The board of Marston’s has unanimously rejected a proposal of 105 pence per share, from Platinum Equity Advisors, stating that it “very significantly undervalues” the business.
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NewsFreehold pub values down 35%
Average freehold pub prices have fallen by 34.7% post-coronavirus, according to Fleurets’ Survey of Pub Prices 2020.
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InterviewsMarston’s refocused pub business will have ‘firmer pricing outlook’
Marston’s CEO Ralph Findlay has shared with MCA details of an executive restructure at the company, which sees previously separate divisions brought under a single pubs business.
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NewsEverards at the ‘precipice of losing many pubs for good’
Regional pub operator and brewer Everards has been “effectively closed down” by the government’s tier system.
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Analysis & InsightTier reshuffle is ‘lockdown by stealth’
England will be left with just a fraction of its pubs being able to trade in conditions resembling normal, the country set to go back into “lockdown in all but name”.
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Analysis & InsightPandemic to wipe £14bn from pub market
The pandemic will wipe £14bn from the pub sector in 2020, but the market is forecast to make a tentative recovery in 2021, Lumina Intelligence reports.
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NewsListed groups rally over vaccine news
Listed pub and restaurant groups have welcomed news of progress in a coronavirus vaccine with cautious optimism on Monday.