All Pubs articles – Page 294
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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”.
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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”
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News
Jack raises JDW lfl prediction, cuts PBT estimate
Leading analyst Douglas Jack has increased his like-for-like sales growth prediction for JD Wetherspoon but cut his 2014 pre-tax profit forecast after the managed operator said it expects operating margin for the half year to have fallen from 8.3% to 8.1%L
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NewsJDW Q2 lfls rise 6.7%
JD Wetherspoon has reported a 6.7% rise in like-for-like sales in the 12 weeks to 19 January although it expects pre-exceptional operating margin for H1 to be slightly lower than in the same period last year
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NewsFrench reiterates Hold for Marston's
Leading analyst Simon French has reiterated his Hold recommendation and 150p Target Price for Marston’s after a “slightly better than expected” trading update
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News
Stonegate unveils latest evolved Scream
Stonegate is to open the latest of its evolved Scream sites on Thursday (23 January) in Sheffield
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News
Pubco statutory code 'could close pubs'
Andrew Griffiths MP, chair of the All-Party Parliamentary Beer Group, has urged the Government not to introduce a statutory code governing the relationship between pub companies and their tenants, claiming that regulation would have “unintended consequences” and “force more pubs to close”
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NewsMarston's Destination and Premium festive lfls grow 3.3%
Marston’s, the brewer and pub operator, saw like-for-like sales grow 3.3% over the key festive period (three weeks to 3 January) in its Destination and Premium division