City news

City digest: Peach Pubs, Fuller's and the NWTC deal

By James Evison

- Last updated on GMT

City digest: Peach Pubs, Fuller's and the NWTC deal

Related tags European union

This week's city news digest from sister title MCA includes stories on Peach Pubs, Fuller's and the NWTC/Graphite Capital deal

Peach Pubs to target successful leases

Peach Pubs is changing its acquisition strategy to target successfully trading gastro pubs for the first time, MCA has learnt.

Fuller’s grows FY managed lfl 4.8%

Fuller’s has reported like-for-like sales growth in its managed estate of 4.8% during the year to 26 March, while its tenanted pubs saw like-for-like profits rise 2%.

Graphite backs NWTC growth strategy

New World Trading Company (NWTC) managing director Chris Hill has told MCA a pipeline of six sites new sites a year remains the target under new owners Graphite.

Camerons to open 10th HoS

North East brewer and pub operator Camerons has named Newcastle Quayside as the location for its tenth Head of Steam venue.

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Thwaites primed for growth following transformative year

Thwaites, the Lancashire-based pub operator, has said disposals and the sale of part of its brewing business to Marston’s during the year to 31 March has left a “slimmed down, high quality” estate primed for growth.

Pub sector ‘embracing need for big data’

A more sophisticated pub sector, shaped by the use of big data, is emerging from fallout of the pubs code, according to Vianet.

Pub Opinion

Inside track: How leaving the EU would impact pubs

Writing for MCA’s sister title The Publican’s Morning Advertiser, Adam Bernstein takes a look at some of the key areas that would affect the pub sector if the British public votes to leave the European Union, and how a rejection of the continent could shape the landscape for pub operators in years to come

Mercury rising

The creation of Mercury Pubs sees Punch slow its rate of pub disposals and focus on finding innovative ways to turn around its non-core pubs. New managing director Paul Pavli and Punch chief executive Duncan Garrood talk to MCA about the background, ethos and potential of its new division.

Investments in relationships

MCA’s Tenant Track survey showed relationships between pubcos and their tenants improving again, despite a turbulent year for the sector. James Wallin takes a closer look at the findings and talks to some of the companies taking part for their opinions on the sector

What is the true cost of the National Living Wage?

Flemming Hansen, director, Hospitality & Leisure, UK & EMEA Board Practice at PSD Group, considers the effect of the National Living Wage on the hospitality and leisure sector and says that middle brands in the hospitality and leisure sector will feel the squeeze.

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