Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May, a performance that bounced back after a 3.8% decline in the proceeding six weeks, which it said was impacted by an “an exceptionally cold start to spring”.
Many business development managers (BDMs) released by Admiral Taverns for not being good enough have gone to work for other pub companies, according to Admiral managing director Kevin Georgel.
The Independent Family Brewers of Britain (IFBB) has unveiled research asserting that the average value of Special Commercial or Financial Advantages (SCORFA) to a licensee of its member companies is £25,000 per annum.
Traditional pub tipples, such as standard beers, are under threat as consumers become more adventurous, according to research by CGA Strategy.
Enterprise Inns chief executive Ted Tuppen has labelled the Government’s consultation into the statutory code for pub companies “a disgrace” and accused MPs and ministers of “deliberate distortion of the meaning of evidence” over the issue.
Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February as the 86-strong company reiterated plans to open 12 sites this year.
Pubs that run functions such as plays and indoor sporting events will no longer need entertainment licences between 8am and 11pm from 27 June.
Licensee groups and small business organisations came out strongly in support of Government plans for a statutory code and adjudicator in their submissions to the consultation.
Adam Marshall, chief executive of London-based bar group Grand Union, has named Bristol, Bath, Manchester and Brighton as possible locations for the company once it has reached its target of between 20 and 25 sites in the capital.
A freeholder in Wales has appealed for help to save his remote village pub after attempts to get the local community involved have proved unsuccessful.
£600,000.00 - Freehold
Auction to be held on 11 July 2013 at the Yew Tree Inn & Lodge Commencing 7.30 pmThe Yew Tree Inn & Lodge...
Phil Dixon - 19/06/2013 09:14:31
Robert Feal-martinez - 19/06/2013 09:12:37
Mfb - 19/06/2013 08:45:09
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