Managed Groups

Budget to cost Young’s £11m

Budget to cost Young’s £11m

By Nikkie Thatcher

The Government’s Budget will mean significant cost hikes for Young’s in the near term, the London-based business has stated in its interim results.

Brewhouse & Kitchen to launch Craft House concept

Brewhouse & Kitchen to launch Craft House concept

By Georgi Gyton, Deputy Editor, MCA

Brewhouse & Kitchen (B&K) is to launch a new concept called Craft House, which will be rolled out to four of its existing high street locations over the next six months, with the potential for further conversions.

New JDW hotel to open this month

New JDW hotel to open this month

By Rebecca Weller

JD Wetherspoon (JDW) is set to open a new hotel at the end of this month following a £2.8m redevelopment project.

Breal Capital and Calveton acquire TGI Fridays

Breal Capital and Calveton acquire TGI Fridays

By Shwetali Sapte, MCA

TGI Fridays UK has been acquired by Breal Capital and Calveton UK following the completion of a successful sale process through acquisition vehicle Liberty Bar and Restaurant Group Limited.

MY PUB: The Punch Bowl, Mayfair, London

MY PUB

MY PUB: The Punch Bowl, Mayfair, London

By Gary Lloyd

Whether you want to enjoy drinks in the cosy bar or enjoy some great food when you’re in London’s Mayfair, the Punch Bowl will suit everyone perfectly.

Amber Taverns acquired by Epiris

Amber Taverns acquired by Epiris

By Gary Lloyd

Amber Taverns, which operates 178 freehold wet-led pubs, has been acquired by Epiris – the owner of The Big Table that counts Bella Italia and Las Iguanas among its brands.

Wet weather dampens drinks sales

Wet weather dampens drinks sales

By Rebecca Weller

Widespread wet weather has pushed drinks sales in pubs back into negative year-on-year numbers, CGA by NIQ’s Daily Drinks Tracker has revealed.

JDW sales up 5.7% to £2bn in FY24

JDW sales up 5.7% to £2bn in FY24

By Rebecca Weller

Pub behemoth JD Wetherspoon (JDW) saw total sales soar to £2bn in the FY24, an increase of 5.7% compared with the previous 12 months.

M&B posts 5.2% lfl sales boost for 51-week period

M&B posts 5.2% lfl sales boost for 51-week period

By Gary Lloyd

Pubs, bars and restaurants operator Mitchells & Butlers (M&B) has reported like-for-like sales growth of 5.2% in its current financial year to date with all brands in growth.

JDW cutting prices to mark Tax Equality Day

JDW cutting prices to mark Tax Equality Day

By Rebecca Weller

Pub giant JD Wetherspoon (JDW) has announced plans to cut its prices next week to highlight the benefits of a VAT reduction for the hospitality industry.

Analysis: JDW's performance so far in 2024

Analysis: JDW's performance so far in 2024

By Rebecca Weller

After pub giant JD Wetherspoon (JDW) posted “record results” earlier this month, The Morning Advertiser (MA) has taken a look back at the firm’s performance so far this year.

M&B lfl sales up 7% and buys Pesto Restaurants

M&B lfl sales up 7% and buys Pesto Restaurants

By Gary Lloyd

Mitchells & Butlers has claimed to be outperforming the market in like-for-like (lfl) sales and expects its annual results to be at the top end of its forecasts.

JDW disposed of 18 sites in year-to-date

JDW disposed of 18 sites in year-to-date

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) opened two pubs and sold or surrendered to the landlord 18 sites in the year-to-date, it revealed in a trading update.

JDW ‘has potential for 1,000 sites’

JDW ‘has potential for 1,000 sites’

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) identified the possibility of increasing its estate by just under a quarter (23%), in its latest trading update.

JDW reports 10.1% growth

JDW reports 10.1% growth

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has announced financial growth in its trading update for the six months ending 28 January 2024.

7.7% sales upswing for M&B

7.7% sales upswing for M&B

By Nikkie Thatcher

Mitchells & Butlers (M&B) has reported like-for-like sales growth of 7.7%, according to a trading update for the 15 weeks to 13 January 2024.

JDW to operate at Haven holiday parks

JDW to operate at Haven holiday parks

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has signed an exclusive agreement with UK holiday park operator, Haven, meaning it can operate at its parks.

JDW launches January sale

JDW launches January sale

By Amelie Maurice-Jones

JD Wetherspoon (JDW) is rolling out a nationwide sale at more than 800 of its pubs to welcome in the new year, and £1.99 pints are on the cards.