All Pubs articles – Page 303
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NewsHeineken: Government risks 'two tier' support for tenants
The Government risks creating a “two tier” system for the level of support offered to pub tenants under plans to introduce a statutory code for only those firms with more than 500 sites, Heineken has warned
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News
Wellington warns on upward-only rent ban
Wellington Pub Company, the free-of-tie leased pub operator, has criticised Government proposals to ban the use of upward-only rent review clauses by pub companies, saying that such a move risks distorting the market for commercial landlords
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NewsSpirit's upward-only rent warning
Spirit Pub Company has told the Government that it may be forced to introduce upward-only rent review (UORR) clauses to leases if a free-of-tie option is made mandatory
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NewsGreene King would drop tied pubs to avoid code
Greene King said it would reduce the number of tied pubs within its estate to become exempt from the proposed statutory pubco code
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NewsPunch: statutory code threatens jobs
Punch Taverns says 415 jobs could go among its external contractors and suppliers if the Government introduces its proposed statutory code as planned
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News
Trust Inns plans £4m estate capex
Trust Inns, the tenanted and leased pub operator, plans to spend £4m per year on its c500-strong estate but would rethink the investment if the statutory code on pubco companies is introduced
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News
Pubco code could 'fundamentally compromise' Admiral's financial position
The cost burden of proposed statutory pubco regulation could “fundamentally compromise” Admiral Taverns’ financial position, the company has warned the Government
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NewsMarston's urges code exemption for franchises
Marston’s has told the Government that its Franchise Agreement should be exempt from the proposed statutory pubco code
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NewsEnterprise: CAMRA shouldn't interfere in pubco/tenant debate
Enterprise Inns has criticised the Campaign for Real Ale (CAMRA) for interfering in the contractual relationship between pubco and tenant in its submission to the Government on the statutory code
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News
BII back statutory code but urges clarity
The British Institute of Innkeeping (BII) supports the introduction of a statutory pubco code but has called for more clarity around its principles
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News
RICS raises pubco code concerns
The Royal Institution of Chartered Surveyors (RICS) has said the consultation into a statutory code of conduct for pub companies does not address the distinction between a lease and a tenancy
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News
JW Lees: guest beer option 'disastrous'
The introduction of a mandatory guest beer option for pub tenants could be “disastrous” and “endanger the viability” of mid-sized brewers while reducing choice behind the bar, JW Lees has told the Government
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News
Thorley Taverns returns to profit; sites on market
Thorley Taverns, the Kent-based pub, restaurant and hotel group, returned to profitability in the year to 30 June and revealed that a number of its “less successful” sites are on the market
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News
Craddock takes Charnwood MD role
Marc Craddock, former operations manager at Timothy Taylor, has become the new managing director at Charnwood Pub Company, the Midlands-based multiple
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Analysis & Insight
BDO: IPOs and more retail link up expected in 2014
The of the sector IPO, the continued strength of the M&A market and further restaurants in retail stores are three of the 10 predictions for 2014 from advisory firm BDO
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Analysis & InsightSector’s prospects starting to look up
The UK economy has obviously had a tough five years. Many cash strapped consumers reined in their discretionary spending and whilst eating and drinking out have proved remarkably resilient, operators have clearly faced a very challenging environment. But after the recent strong quarter things may at last be looking up, says David Campbell partner, head of Restaurants and Bars, BDO LLP.
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News
Bowland Village Inns up to five
Bowland Village Inns, the Lancashire-based group, has continued its expansion with the acquisition of the Ship at Caton, its fifth pub restaurant
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News
Carvery Heaven up to seven
Carvery Heaven, the Midlands-based pub carvery operator, which was recently named best multiple pub operator at the national Star Pubs & Bars Awards, has opened its seventh site
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News
Upham Pub Company expansion continues
Hampshire-based Upham Pub Company, the sister company to Upham Brewery, has exchanged contracts on its eighth site, a Punch Taverns pub in Hampshire, M&C Report has learnt
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Opinion
Pubco action will be 'proportionate and targeted'
Writing for M&C Report’s sister title Publican’s Morning Advertiser, consumer affairs minister Jo Swinson explains the Government’s decision to delay its response to the consultation into a statutory code for the pubco/tenant relationship until the New Year