All Pubs articles – Page 280
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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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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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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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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
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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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
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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Interviews
Friday five-minute interview
M&C Report talks to Ed Turner, managing director of Geronimo Inns, about his best investment, his best business decision and the best piece of advice he’s ever received
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News
HK Taverns administrator to probe interest rate swap link
The administrator of HK Taverns is investigating whether the 50-strong pub operator, which collapsed in May, was a victim of controversial bank interest rate swaps and could be eligible for compensation
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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
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News
Large pubcos differ on reform proposals
More large pub companies agree than disagree with the principle that a tied tenant should be no worse off than their free-of-tie counterparts, according to the results of a Government survey into plans to legislate in the pubco model
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News
Government decision on pubco reform delayed
Business minister Jo Swinson has admitted that the Government’s decision on the introduction of a statutory code in the pubco/tenant relationship will be delayed
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NewsPubco reforms 'could close 1,600 pubs'
Plans to legislate in the pubco/tenant relationship could close up to 1,600 pubs, according to a report prepared for the Government. The report from London Economics says the UK probably has c6,000 too many pubs and a “sustainable number” would be about 45,000