Business investment in the hospitality industry halved in Q1 on an annual basis, analysis of the latest Office of National Statistics data by business tax relief specialists Catax has revealed.
Current boss of Hawthorn Mark Davies will relinquish his position of parent company NewRiver’s chief financial officer (CFO) with immediate effect but will remain head of the pub business.
Robinsons, the Stockport based brewer and pub company, has revealed it paid more in tax to the Government in 2020 than it received in pandemic support.
Hawthorn, the Community Pub Company has been sold to Admiral Taverns for an expected gross aggregate cash consideration of about £222.3m, taking the latter’s estate to more than 1,600 sites.
Bosses have urged the Government to stop "dithering” and introduce a ‘test to release’ scheme to allow self-isolating workers to return to work quicker.
Boris Johnson’s announcement on Monday (5 July) was obviously a positive one for the hospitality industry and many others who have been repeatedly devastated by the ongoing restrictions and lockdowns that have been imposed on our country.
Smaller, like-minded, regional businesses joining forces will become a more common on-trade feature as the economy recovers from its Covid symptoms, according to Salcombe Brewery chairman John Tiner.
The hospitality sector is on tenterhooks over the Government’s proposed roadmap out of lockdown on 21 June – dubbed ‘Freedom Day’ – according to Nigel Parson director, research, at strategic advisory and capital raising service provider Finncap.
Revolution Bars Group is poised to emerge from the pandemic in a ‘strong position with a fit for purpose balance sheet’ following a successful £21m fundraise.
Suffolk-based brewer and operator Adnams anticipates that its pubs will return to full rents later in the year provided there are no further regional or national lockdowns.
The husband-and-wife team behind the Raglan Arms in Llandenny, Monmouthshire, have opted to raffle off their fully-stocked pub as they retire from the industry.
The Morning Advertiser’s Ed Bedington spoke with Phil Thorley of Thorley Taverns to discuss the most recent on-trade news - including the latest on vaccine passports.
A finalist in the 2019 Great British Pub Awards’ and a must visit on Anfield matchdays, the Sandon Complex in Liverpool hasn’t reopened this week despite relaxed outdoor trading rules.
With 20 March marking a year-to-the-day since last orders were called in pubs just days before a first national lockdown, The Morning Advertiser (MA) quizzed its readers on how their working relationships have changed in the past 12 months.
Young’s has announced plans to reopen 140 of its managed pubs with outdoor spaces on or around 12 April, as well as an update to its finances which it gives it available borrowing facilities of £225m.
Co-founded by investor Sarah Willingham in September 2020, Nightcap plc harbours hopes of quadrupling in size following its acquisition of London Cocktail Club.
Justine Lorriman of the Royal Dyche in Burnley, tells The Morning Advertiser (MA) how she turned taking on a pub with a ‘bad reputation’ in her early twenties into the best decision she ever made.
The Morning Advertiser’s Ed Bedington mulls over the Spring Budget with the help of Herefordshire-based freehouse operator Matt Slocombe of the Crown at Woolhope.
By John Ellis, Crown Inn, Oakengates and Elephant & Castle, Dawley
I'm very concerned about the headlines this weekend that big property companies such as JD Wetherspoon and Young's are pushing the conversation towards opening up the industry before that would be viable.
London-based bar group Darwin & Wallace lost almost a quarter of its usual revenue as a result of the first lockdown, contributing to a £2m dip in its year-on-year sales.
Roxane Marjoram, who operates five pubs under Suffolk-based Gusto Pronto, explains how the business has adapted to Covid conditions and that she now hopes the Government can break away from a ‘stop-start’ pandemic timeline.
By Fiona Hornsby, the Denbigh Castle and the Bridewell, Liverpool
Last year was an interesting one. We secured a long lease on the Denbigh Castle in Liverpool city centre and 2020 began with great hope and excitement.
By Gav Young, the Plough and Barleycorn, Isle of Wight
The whole industry has been led into viewing restrictions and changes from a purely fiscal perspective. In doing so we are missing the long-term devastation being wrought on the trade.
Like everyone else in the on-trade, Stuart Bateman of Lincolnshire-based Batemans wants to see pubs open ‘as soon as possible’ – however the Salem Bridge brewer isn’t buying into the idea of a Government witch hunt.
The owner of a pub which also boasts a zoo on-site has slammed the Government for not doing more to help the sector and said his business “wouldn’t be here” without its regulars.
Millions of pounds of rent owed to billionaire-owned pub group Wellington Pub Company from some of its tenants is currently in dispute, according to a survey.
