All Pubs articles – Page 259
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NewsJack: Spirit shares are 'arguably undervalued'
Leading analyst Douglas Jack has said Spirit Pub Company’s shares are “arguably undervalued” following its Q3 update yesterday
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Property agents dispute pub closure figures
Pub property agents have disputed the Government’s predicted pub-closure figures as a result of a statutory code and claimed the legislation could encourage newcomers to join the trade
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Thwaites names ex-Novus chair Barnes as a NED
Daniel Thwaites, the Lancashire brewer and pub operator, has appointed industry veteran and former Novus Leisure and La Tasca chairman John Barnes as a non-executive director
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PPL and PRS quiet on merger claim
PPL and PRS for Music, the music licensing bodies, have remained tight-lipped on whether they will merge after concerns were raised over their ‘illogical’ relationship
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Enterprise launches MatchPint across pubs
Beacon pubs, the tenanted arm of Enterprise’s pub estate, is rolling out MatchPint to more than half of its pubs in time for the World Cup after a trial scheme last month
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NewsPunch relaunches licensee training programme
Punch Taverns has relaunched its licensee training programme
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ALMR urges business rates overhaul
The Association of Licensed Multiple Retailers (ALMR) has called for the Government to overhaul the current business rates system to “reduce the burden” on the industry
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Freehold of BrewDog bar sold for investment
The freehold of a west London pub of which BrewDog is the tenant has been sold off a guide price of £1.25m
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NewsSpirit Q3 managed lfls rise 6%
Spirit Pub Company has reported a 6% rise in like-for-like sales in its managed estate in the 12 weeks to 24 May, with like-for-like net income in the leased arm accelerating to 5.3%
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NewsBath Ales adjusted EBITDA nears £1m
The parent company of Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, achieved EBITDA of c£950k in the year to 31 August 2013 on turnover up 37% to c£14m when adjusted for a consolidation process that concluded at its year-end
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NewsBrewDog: seven more bars for 2014
BrewDog, the Scottish brewer and pub operator, has confirmed plans to open a further seven bars this year and four more BottleDog off-licences
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Heineken confirms £126m UK investment
Heineken has confirmed plans to spend a total of £126m in its UK business, including £50m on its Manchester brewery and £58m at its Hereford coder plant
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Publicans cool on statutory code plan
Readers of M&C Report’s sister title the Publican’s Morning Advertiser have called for the Government to go further in its plans to regulate the pubco/tenant relationship
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Bitters ’n Twisted FY lfls grow 3%
Bitters ‘n Twisted, the Midland-based pub and restaurant operator, has reported a 12% rise in turnover and growth of 3% in like-for-like sales up to £4.4m, for the year ending 31 August 2013
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NewsALMR rebrands
The Association of Multiple Licensed Retailers (ALMR) has launched a rebrand which it claims reflects a “modern, vibrant” sector
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Jack raises Fuller's TP after Stable acquisition
Leading analyst Douglas Jack has increased his Target Price for Fuller’s from 1,100p to 1,050p following its acquisition of a 51% stake in cider and pizza restaurant business The Stable
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OpinionThe dial is turning
With uncertainty about the Government’s plans for the tenanted pub sector (almost) behind us, and with an improving performance across tenanted estates accompanied by a return of M&A activity - and continuing innovation - is the dial turning for this often misunderstood part of the industry?
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NewsFuller's: coffee, Heathrow, acquisitions, statutory code
M&C Report takes a closer look at the full year results to 29 March for Fuller’s and speaks to chief executive Simon Emeny
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Bath Ales reports FY loss
Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, has reported a pre-tax loss of £40,235 in the year to 31 August 2013, against a pre-tax profit of £241,374 in the previous year
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Rollo: Spirit sales expected to have slowed
A leading analyst has said that he expects trading at Spirit Pub Company to have slowed following a strong start to Q3