All MCA Insight articles in June 2014 – Page 16
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News
Unlimited fines for selling alcohol to minors proposed
Unlimited fines could be handed out for selling alcohol to under-18s under new Government proposals
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News
Jack: Spirit shares are 'arguably undervalued'
Leading analyst Douglas Jack has said Spirit Pub Company’s shares are “arguably undervalued” following its Q3 update yesterday
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News
Property agents dispute pub closure figures
Pub property agents have disputed the Government’s predicted pub-closure figures as a result of a statutory code and claimed the legislation could encourage newcomers to join the trade
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News
Vianet welcomes an end to uncertainty
Vianet, the beer monitoring equipment provider, saw a decline in revenue for the year ending 31 March 2014 as it felt the impact of the impending Statutory Code and the revisions on how flow monitoring equipment should be used by pub companies
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News
PPL and PRS quiet on merger claim
PPL and PRS for Music, the music licensing bodies, have remained tight-lipped on whether they will merge after concerns were raised over their ‘illogical’ relationship
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News
Five Guys lifts Bluewater
Bluewater, the 1.6m sq ft shopping centre owned by Land Lease, saw sales of its catering brands rise 11% in May against the same month last year, fuelled by the opening of Five Guys there in April
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News
Thwaites names ex-Novus chair Barnes as a NED
Daniel Thwaites, the Lancashire brewer and pub operator, has appointed industry veteran and former Novus Leisure and La Tasca chairman John Barnes as a non-executive director
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News
Barrafina opens second site
Barrafina, the tapas bar and restaurant in Soho, is opening a second site Covent Garden in July
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News
Lima doubles up
Lima, the Michelin starred Peruvian restaurant in Fitzrovia, is opening its second site in London at Covent Garden in July
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News
Enterprise launches MatchPint across pubs
Beacon pubs, the tenanted arm of Enterprise’s pub estate, is rolling out MatchPint to more than half of its pubs in time for the World Cup after a trial scheme last month
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News
TGI confirms Gloucester Quays opening
TGI Friday’s has confirmed that it will open a site at the Gloucester Quays development on 1 August
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News
Equity investors focus on out of town restaurant sites
Equity investors in the leisure sector are increasingly interested in restaurants outside of London away from the high street for investment opportunities
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Analysis & Insight
London among most expensive world cities for buying beer
London is the firth most expensive city in the world to buy a beer in a shop, new research shows
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News
Punch relaunches licensee training programme
Punch Taverns has relaunched its licensee training programme
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News
ALMR urges business rates overhaul
The Association of Licensed Multiple Retailers (ALMR) has called for the Government to overhaul the current business rates system to “reduce the burden” on the industry
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News
Freehold of BrewDog bar sold for investment
The freehold of a west London pub of which BrewDog is the tenant has been sold off a guide price of £1.25m
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News
Pizza Hut UK to accelerate refurbs, reports FY operating profit
Pizza Hut UK plans to accelerate its refurbishment programme next year by investing in a further 90 restaurants, after seeing like-for-like sales at invested sites grow 20 to 25% on average, CEO Jens Hofma has told M&C Report
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News
Fuller's buys 51% stake in cider and pizza restaurant business
Fuller’s, the London-based brewer and pub operator, has acquired a 51% stake in The Stable, a six-strong craft cider and pizza restaurant business for £7.3m
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News
Spirit Q3 managed lfls rise 6%
Spirit Pub Company has reported a 6% rise in like-for-like sales in its managed estate in the 12 weeks to 24 May, with like-for-like net income in the leased arm accelerating to 5.3%
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News
Bath Ales adjusted EBITDA nears £1m
The parent company of Bath Ales, the brewer, pub and restaurant operator led by Robin Couling, achieved EBITDA of c£950k in the year to 31 August 2013 on turnover up 37% to c£14m when adjusted for a consolidation process that concluded at its year-end