MA500 Business Club

Deltic warns landlords firm will collapse without sale

20-Nov-2020 By Nikkie Thatcher

Late-night operator Deltic Group has warned its landlords it could collapse if a sale isn’t agreed soon, reports have stated.

Revolution CVA approved, six sites to close

16-Nov-2020 By Nikkie Thatcher

Revolution Bars Group has had a company voluntary arrangement (CVA) for subsidiary Revolution Bars Limited approved.

Deltic asks Government for £1m-a-month bailout

16-Nov-2020 By Stuart Stone

Britain’s biggest nightclub operator is pushing the Government for a seven-figure monthly bailout package as private equity acquisition looms.

Young’s CEO Patrick Dardis: ’We’re going to see this through very comfortably’

13-Nov-2020 By Finn Scott-Delany, MCA

Normally when a CEO of listed pub company suggests a set of financial results are not really about the numbers, it would raise eyebrows.

Whitbread could halve job cuts

12-Nov-2020 By Stuart Stone

The operator behind Brewers Fayre, Beefeater and Premier Inn may significantly reduce redundancy plans following the extension of the furlough scheme and vaccine breakthrough.

Young’s: toughest times in 189 years

12-Nov-2020 By James Halliwell

Young’s CEO Patrick Dardis has described the last six months as the toughest period in its 189 years.

Pandemic is a challenge, but we had the confidence to progress’ says Liberation boss

11-Nov-2020 By Nikkie Thatcher

The coronavirus pandemic has given Liberation Group the chance to move forward, according to CEO Jonathan Lawson.

North Brewing Co unveils new ‘multi-million pound’ site

10-Nov-2020 By Nikkie Thatcher

Leeds-based business North Brewing Co has revealed its new home, doubling its capacity in a former tannery.

Inn Collection Group acquires second site in lockdown

10-Nov-2020 By Nikkie Thatcher

Multiple site operator Inn Collection Group has acquired a second site in lockdown with a venue in Yorkshire.

Wadworth sells 21 pubs to Liberation Group

10-Nov-2020 By Nikkie Thatcher

Wiltshire-based multiple pub operator and brewer Wadworth has announced the sale of 21 pubs to Liberation Group for an undisclosed sum.

Shepherd Neame cuts 10% of staff

04-Nov-2020 By Stuart Stone

Shepherd Neame has cut one-in-ten of its employees in preparation for a month in lockdown.

Pub companies announce lockdown rent plans

04-Nov-2020 By Emily Hawkins

Pub companies including Greene King and Stonegate Pub Company have confirmed rent reductions for tenants to 10% for the second lockdown period.

Deltic Group 'put up for sale'

02-Nov-2020 By Nikkie Thatcher

Late-night operator Deltic Group has launched a merger and acquisition process in a bid to help its future, The Morning Advertiser understands.

Whitbread ‘well placed’ in the UK despite pandemic losses

27-Oct-2020 By Stuart Stone

The operator behind brands such as Brewers Fayre, Beefeater and Premier Inn has revealed a swing from £219.9m in pre-tax profit to a statutory loss of £724.7m in its interim first half results for the 2021 financial year.

Revolution Bars Limited CVA launched

27-Oct-2020 By Stuart Stone

Nationwide bar operator Revolution Bars Group has launched a company voluntary arrangement (CVA) of subsidiary Revolution Bars Limited in a bid to improve the wider group’s long-term financial position.