All Pubs articles – Page 272
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NewsSpirit H1 PBT grows 11%; managed lfls up 4.8%
Spirit Pub Company has reported an 11% rise in pre-exceptional pre-tax profits to £22m in the 28 weeks to 1 March, with like-for-like sales up 4.8% in its managed sites and like for like net income up 2.6% in the leased business
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NewsSt Austell opens first Brewer & Bean outlet
St Austell Brewery, the Cornish brewer and pub operator, has opened its first Brewer & Bean coffee retail outlet at the Great Western Hotel in Newquay
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NewsPeach looks for new FD as it eyes expansion
Peach Pub Company has announced that it’s searching for a new financial director as it looks to add two pubs and reach a turnover of £23m by the end of this year
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Take school children to the pub for lunch, urges minister
Serving school children their school lunches in a pub will help preserve community inns by helping struggling pubs and feeding children “really good quality food”, says Brandon Lewis, the community pubs minister
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NewsJack expects 'strong update' from Greene King
Leading analyst Douglas Jack says he expects a “strong update” from Greene King next week, with a “good chance of upgrades”
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Black Country Ales acquires ex-Punch pub
Black Country Ales, the Gornal-based micro-brewer and pub operator, has bought the Swan pub in Halesowen, near Dudley, from Punch Taverns following a campaign in the town to prevent the sale to a supermarket chain
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Arran Brewery expands following fundraising
Arran Brewery, the Scottish brewer, is planning further fundraising after allocating £160,000 to expand its brewery on the Scottish isle and to build its export business to the US, M&C Report has learnt.
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Harveys reinvest cost savings profits
Harveys, the East Sussex pub operator and brewer, will be re-investing the £1.1m operating profit gained in 2013 from the sale of two properties last year in acquisitions and refurbishments of existing pubs
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Young managers run £1m+ turnover pubs
Most pub managers under 30 are running businesses with a turnover of more than a million pounds, with fewer than three years training to gain the position, according to a survey by Pub & Bar Careers Perceptions
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NewsMartin attacks rivals
JD Wetherspoon chairman Tim Martin has given his most direct criticism yet of major pub companies, saying that pubco directors who have failed to support Jacques Borel’s VAT Club “deserve to be taken to task for their poor commercial judgement and appalling track records”
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NewsHarveys profits rise after cost savings
Harveys, the East Sussex brewer and pub operator, saw operating profits grow 13% to £295,405 in 2013 after it achieved savings in “various areas of expenditure”
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NewsCamerons converts managed pub to Head of Steam
Camerons, the Hartlepool-based brewer and pub operator, is converting one of its existing managed pubs to The Head of Steam next month
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NewsBII chairman Bernard Brindley dies
Bernard Brindley, the pub industry stalwart and chairman of the BII (British Institute of Innkeeping), has died, aged 63
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NewsAll Bar One set for double London opening
Mitchell & Butlers (M&B) has confirmed it will open two further sites under its All Bar One brand in London this summer
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NewsUpham Pub Company raises £2m; buys pub
Hampshire-based Upham Pub Company has raised a further £2m for expansion and secured its ninth site, co-founder David Butcher has told M&C Report
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Thistle III sale aborted
Thistle Pub Company III, the EIS-backed, Scottish pub group managed by Maclay Inns, is considering its strategic position after failing to secure an acceptable offer for the sale of the group
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NewsBatram issues Buy for Spirit
Leading analyst Nicholas Batram has issued a Buy recommendation for Spirit ahead of its H1 results on Thursday (24 April)
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Punch refreshes its cask offerings
Punch Taverns has introduced 16 beers to its Finest Cask scheme for the spring season, which includes contributions from seven new brewers including Island Brewery and Conwy Brewery
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Interviews
Five-minute interview
M&C Report talks to Martin Harley, director of London Village Inns, about his best investment, his best his best business decision and the best piece of advice he’s ever received
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NewsAnalyst corner
Beaufort Securities has reiterated its Hold recommendation for Punch Taverns following the pub company’s interim results for the 28 weeks to 1 March