All Pubs articles – Page 247
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News
Ideal eyes expansion of pub and café estate
Ideal Collection, the independently owned south coast based operator of pubs and cafes, is looking to acquire another pub site this year and grow its Boat House Café concept
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News
Greene King sells 275-strong portfolio to new venture
Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King, for £75.6m.
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Analysis & Insight
Beer sales in pubs fall 4.2%
Beer sales in pubs were down 4.2% year-on-year in the first quarter of 2014, according to figures released today by the British, Beer & Pub Association
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News
Punch bondholders waive covenants
Talks regarding the restructuring of Punch Taverns are set to continue after the pub company announced this morning that its bondholders had voted in favour of waiving covenants that would otherwise have placed the company in default
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News
CAMRA to step up opposition to some pubcos
The Campaign for Real Ale (CAMRA) is to step up its opposition to some pubcos after a member “revolt” at its national conference at the weekend
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News
Minimum pricing u-turn warning
Veteran political reporter Adam Boulton has warned the pub trade to expect David Cameron to perform a ‘u-turn on his u-turn’ and re-visit minimum pricing of alcohol
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News
Energy efficiency can sway profits by 2%
Pub and restaurant groups representing 80% of managed outlets have signed up to an energy efficiency benchmarking system to highlight where energy savings can be made across the hospitality sector and allow companies to measure their efforts against competitors
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News
Borel targets MPs
VAT cut campaigner Jacques Borel has said he’s targeting 248 of the 649 MPs in Parliament to garner support for the tax to be reduced and restated his confidence that a cut is “achievable” by next April
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News
Adnams eyes 'major' brewery project
Adnams, the Suffolk brewer, pub operator and distiller, is considering undertaking a “major project” to enhance its “brewing capacity and flexibility”
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News
Brewhouse & Kitchen extends funding call
Brewhouse & Kitchen, the Enterprise Investment Scheme (EIS) venture led by ex-Convivial Pubs chief executive Kris Gumbrell, has extended its latest fundraising call to 16 May
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News
Greene King loses tax appeal
Greene King, the brewer and pub operator, has lost an appeal relating to its tax avoidance scheme and could be forced to pay back roughly twice the amount of tax it tried to avoid
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News
Inglenook adds five pubs
Inglenook Inns & Taverns, the Lancashire-based pub group, has continued its expansion by adding five Punch leaseholds to its estate, M&C Report has learnt
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News
Ex-Convivial brewer sets up brewpub
Conor Donoghue, the former master brewer at Convivial pub group, has set up a microbrewery in a London pub to serve craft beers alongside beer-inspired British food
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News
Locals Club acquires first pub
New pub company Locals Club has acquired its first pub in London and plans to open three to four more pubs in the next five years, M&C Report has learnt
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News
BBQ gastro-pub concept secures first site
Smoke and Grills, a gastro-pub barbeque concept, has secured its first site in Surrey and plans to acquire an additional five sites across the rural London area in the next three years
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News
Pub sector 'in best shape for three decades'
The pub sector is in the best shape its been for three decades and it has plenty of scope to grow and take market share as the economy improves, according to leasing analyst Geof Collyer in an extensive report on the UK’s pub and restaurant industries
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News
Collyer raises TP for major pub groups
Leading analyst Geof Collyer of Deutsche Bank gives a generally upbeat assessment of six major listed pub companies. He raised his Target Price for all but Enterprise and upgraded Mitchells & Butlers (M&B) from Hold to Buy
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News
Amber nears 100-site milestone
Amber Taverns, the operator of wet-led community pubs, has continued its expansion with the acquisition of a former Bramwell Pub Company site in Derbyshire, and is in the process of adding a further four, M&C Report has learnt
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News
LV to dispose of Red Door site
Living Ventures, the Tim Bacon-led group, is to dispose of its Red Door bar and lounge site in West Kirby
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News
Wraith Trading acquires two pubs
Wraith Trading, the pub group led by John Wraith, has secured a pub in London and one in Surrey as it targets expansion in the capital and the Home Counties