Finance – Page 409
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News
UK hospitality sector worth £102bn
The UK’s hospitality industry has exceeded the £100bn turnover mark for the first time, according to the British Hospitality Association’s (BHA) Trends and Statistics 2006 handbook.According to the report, the industry is now worth £102bn, up from £81.5bn last year and £27bn up on the government’s estimate for the year.The ...
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News
M&B completes pub sale to Trust Inns
Mitchells & Butlers (M&B), the pub and restaurant group, has announced it has completed the disposal of 102 of its smaller, community pubs to Trust Inns, for £101m.Of the 102 pubs disposed, there are eight based in Scotland for which completion will occur over the coming months as licensing is ...
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News
M&B sells 102 sites to Trust Inns
Mitchells & Butlers, the pub and restaurant group, announced this morning that it had exchanged contracts for the disposal of 102 of its smaller, community pubs to Trust Inns, for £101m.Trust Inns is the tenanted arm of the pub business owned by leisure magnate Trevor Hemmings, who owns the Blackpool ...