All City Pub Company articles – Page 2
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NewsCity Pub Company: ‘We are curtailing our expansion and refurbishment plans’
Chairman Clive Watson said expansion plans have been paused amid staff shortages, higher operating costs, and decline in spend
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NewsCity Pub launches share buyback programme
The 40-strong pub group has commenced a share buyback programme, in respect of its ordinary shares of 1p each, as referenced in its interim results last month
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NewsEnergy relief: ‘There must be a comprehensive package’
Operators including Stonegate, Fuller’s, City Pub Group, Pizza Hut, and Admiral Taverns have welcomed the government’s support package but called for long-term support
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InterviewsCity Pub Group: ‘We are having to work harder than ever’
The group is optimistic about consumer demand, but is having to work much harder for every customer walking through the door, chairman Clive Watson tells MCA
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InterviewsCity Pub Group: ‘Success breeds success’
Executive chairman Clive Watson speaks to MCA about being more sales-focussed following two-and-a-half years of Covid
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NewsCity Pub Group sees ‘strong sales momentum’
Like-for-like sales have continued to strengthen faster than predicted, with May 2022 5% ahead of May 2019
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InterviewsCity Pub Group: ‘We have got a lot of momentum’
The group’s soon-to-launch new trading format Damson & Wilde could form a core part of its expansion strategy if successful, chairman Clive Watson told MCA
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NewsCity Pub targeting 65-70 pubs by end of 2023
Reporting its full year results for 2021, the group said its balance sheet was stronger than it had ever been and that it was well placed to take advantage of opportunities in the property market
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NewsWarning over pub inflation
City Pub Group chairman Clive Watson said the price of a pint could rise by as much as 50p
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InterviewsClive Watson: Life is returning to normal
The City Pub Group chairman, who is excited to be opening four “big beasts” in 2022, said the mood music in the country was changing as people seek a return to their everyday lives
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NewsCity Pub Group 2021 in line with expectations
January 2022 began slowly, but in the last 10 days the pub operator reported a “significant increase in trade” as consumer confidence returns
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NewsOperators welcome move to cut self-isolation period
The government’s decision to reduce the duration of self-isolation to five days is expected to significantly improve staff availability in the hospitality sector.
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News‘It doesn’t even cover the cost of our Christmas decorations’
The Chancellor’s additional support measures have been described as a ‘sticking plaster’ for the sector after some operators have lost hundreds of thousands of pounds’ revenue per venue in the weeks leading up to Christmas.
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Analysis & InsightHospitality united in calls for VAT and business rates relief
While some operators are in favour of the reintroduction of the furlough scheme, not all think it should be a key pillar of government support in the current crisis
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NewsFuller’s closing 20 London pubs ‘indefinitely’
Chief executive of Fuller’s Simon Emeny told Sky News that sales at its London sites were down between 60%-80%.
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Analysis & InsightFuller’s has good opportunity for M&A
Fuller Smith & Turner could dispose of its tenanted inns division and use the funds to acquire City Pub Group, a note from Panmure Gordon has suggested
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NewsCity Pub Company appoints CFO
Holly Elliott will replace Tarquin Williams as City Pub Company’s chief financial officer, and joins from Honest Burgers
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Analysis & InsightWhy the PM’s ‘high skill, high wage’ plan fails to deliver
While developing homegrown talent should be encouraged, wages are just one factor in solving the labour shortage
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NewsCity Pub Group: ‘Thursday will be the new Friday’
The return to offices has led to a boost in City Pub Group’s London estate, but COO Toby Smith believes new working patterns will shift trade to different times of the week.
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NewsCity Pub Group: ‘We are back on the acquisition trail’
The group is open to repurposing venues as part of its plans to break the 100-site mark, with several new locations in the pipeline, including a cider brew pub in Bath.
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