All Pubs articles – Page 273
-
NewsCerberus acquires £170m Spirit portfolio
Cerberus Capital Management, the US private equity owner of Admiral Taverns, has completed the acquisition of a 102-strong portfolio of pubs from Nick Leslau’s Prestbury Holdings, in a deal valued at £170m
-
NewsSmall brewers tell Cable: pubcos have improved
Small brewers have expressed serious concerns about Government plans to implement a statutory code in the pubco/tenant relationship and have told Business Secretary Vince Cable that major pubcos have improved the way they treat licensees
-
News
Former Pubfolio pub sold
A North Devon pub that was formerly part of the Pubfolio estate has been sold off a guide price of £125,000
-
News
Ego sets out pub requirements
3Sixty Restaurants is looking for pub sites on the fringe of high streets or in destination affluent suburban locations to aid the expansion of its Ego brand as it looks to acquire three to five pubs over the next 18 months
-
NewsBrewhouse & Kitchen launches new round of fund raising
Brewhouse & Kitchen has launched a new round of fundraising as it looks to build an estate of eight-10 freehold pubs
-
News
McManus eyes expansion as earnings and lfls grow
McManus Pub Group, the 18-strong Northampton-based pub operator, is looking at several potential new acquisitions as it reports an improvement in earnings and like-for-like sales, M&C Report has learnt
-
News
Powder Train collapse to leave RBS out of pocket
The Royal Bank of Scotland is unlikely to retrieve all the money owed to it from the collapse of Powder Train, the collapsed pub operator that had worked with high-profile chef Marco Pierre White, according to a report from administrator Begbies Traynor
-
News
TCG adds American touches to King's Feast
TCG, the managed operator, is updating its King’s Feast menu to reflect the move towards Americanised casual dining tastes
-
News
Star Pubs & Bars to appeal rates at 136 pubs
Star Pubs & Bars, the Heineken-owned leased pub operator, says it will lodge business rates appeals at c10% of its estate
-
NewsCharles Wells grows PBT in 'year of steady progress'
Charles Wells has reported a year of “steady progress” as it grew pre-tax profits from £6.5m to £6.7m and reduced net debt by £18.8m to £44.7m, due to the sale of its distribution depo and its Kestrel Super Strength brand, M&C Report has learnt
-
News
100 pubs face prosecution for foreign satellite screenings
The Premier League plans to prosecute 100 pubs and bars across England and Wales for broadcasting games using foreign satellite systems, the BBC reports
-
NewsJDW eyes roadside opportunities
JD Wetherspoon will look to open more out-of-town, roadside pubs, although not necessarily at motorways, chairman Tim Martin has told M&C Report
-
News'Rising tide' lifts pub companies
A leading analyst has said there’s been a “rising tide” in the pub sector, helped by good trading over summer and Christmas and an “improving consumer outlook” that “fuels optimism in the licensed trade”. -
NewsJack: M&B trading to have picked up
A leading analyst has said that he expects LFL trading to have picked up over the last two months at Mitchells & Butlers (M&B), due to an improved sector backdrop, investment, IT roll out and efforts to improve service standards
-
News
Faucet Inn secures former Bramwell site
Faucet Inn has secured the Oak Tree pub in Kent, a former Bramwell Pub Company site, for an opening next month
-
Opinion
UK pub market almost "healthy"
The pub industry needs to lose another 1,000 sites within the next couple of years to achieve a “healthy” marketplace – that’s according to Christie + Co director Neil Morgan
-
News
Forum secures seventh site
Forum Café Bars will open its seventh site this spring, with the launch of a new pub restaurant, the British Oak Ale House
-
News
Collyer cuts JDW profits and earnings forecast
Leading analyst Geof Collyer has downgraded his profit and earnings expectations for JD Wetherspoon following its Q2 update yesterday, which he described as “the usual curate’s egg”, with improving like-for-likes but warnings of lower margins
-
NewsJack: Fuller's has upgrade potential
Leading analyst Douglas Jack has reiterated his Add forecast for Fuller’s ahead of its Q3 interim management statement on Thursday, saying that it has “further upgrade risk”.
-
NewsCable: pubco code is 'necessary'
Business Secretary Vince Cable has said statutory regulation governing the relationship between pub companies and their tenants is “necessary” and the trade will “soon hear how [the Government] will take that forward”