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      <image:caption><![CDATA[Share issue: managed correctly, issuing employee shares could help future-proof your business, says Catherine Gannon]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/12/04/Moorhouse-s-Brewery-back-in-profit-after-seven-years/</loc>
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      <image:caption><![CDATA[Making moves: Lee Williams has taken action to put Mororhouse’s back into profit]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/12/03/2020-will-be-the-year-of-stability-for-the-pub-sector/</loc>
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      <image:caption><![CDATA[Ticking boxes: Mark Davies says the UK pubs’ sector economy is healthier than ever]]></image:caption>
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      <image:caption><![CDATA[Looking forward: NewRiver aims to convert more leased and tenanted pubs to operator managed]]></image:caption>
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      <image:caption><![CDATA[Cut the red tape: groups want politicians to look into making the process of buying a community pub easier]]></image:caption>
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      <image:caption><![CDATA[Portfolio additions: Admiral chief executive Chris Jowsey welcomed new licensees to the pubco]]></image:caption>
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      <image:caption><![CDATA[Low rating: singer Ed Sheeran’s pub scored poorly in a food review (image credit: Drew D F Fawkes)]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/11/20/Shepherd-Neame-announces-passing-of-president-and-former-chairman/</loc>
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      <image:caption><![CDATA[First president: Robert ‘Bobby’ Neame served as a company director from 1957 until 2006]]></image:caption>
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      <image:caption><![CDATA[No to card payments: cash is still king at Samuel Smith’s pubs]]></image:caption>
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      <image:caption><![CDATA[Looking ahead: Young's boss Patrick Dardis remained positive for the future of the pub group]]></image:caption>
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      <image:caption><![CDATA[Championing mental health: Stonegate is to provide training for all general managers]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/11/13/How-many-more-sites-will-Admiral-Taverns-acquire/</loc>
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      <image:caption><![CDATA[Business service: Chris Jowsey was appointed as Admiral Taverns chief executive in July this year]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/11/12/Pandora-Inn-named-Cornwall-s-best-pub-for-third-year-in-a-row/</loc>
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      <image:caption><![CDATA[Serial winner: the Pandora Inn been a finalist at every Cornwall Tourism Awards since 2010]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/24/Oakman-Inns-managed-contracts-division-Ashmore/</loc>
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      <image:caption><![CDATA[Branching out: multiple site operator Oakman Inns has launched a managed contracts division]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/23/Fuller-s-Cotswold-Inns-Hotels-acquisition/</loc>
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      <image:caption><![CDATA[Big acquisition: Fuller’s will take over Cotswolds Inns & Hotels at the end of this month]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/22/Admiral-completes-acquisition-of-150-Star-pubs/</loc>
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      <image:caption><![CDATA[Stamp of approval: the deal was first revealed in September]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/21/Food-led-sites-to-drive-pub-and-bar-sector-growth-past-19bn-mark/</loc>
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      <image:caption><![CDATA[Hive of activity: expected strong returns from managed sites is attractive to investors, according to Gerald Edelman]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/15/Peach-Pubs-Hamish-Stoddart-interview/</loc>
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      <image:caption><![CDATA[Peach of a plan: Hamish Stoddart wants to keep a healthy work-life balance for staff]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/07/Simon-Longbottom-Government-help-is-vital-for-pubs/</loc>
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      <image:caption><![CDATA[Pub heritage: ‘Despite continued economic and political uncertainty, the appeal of the community pub and its role has arguably never been more valid’]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/10/04/Trust-Inns-managing-director-steps-down/</loc>
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      <image:caption><![CDATA[New leadership: Trust Inns managing director Lynne D’Arcy is to be succeed by Mark Brown]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/30/How-much-do-people-spend-on-a-night-out/</loc>
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      <image:caption><![CDATA[Tighter purse strings: while the average consumer spends more than £70 per night out, revellers a strict in ensuring they stick to a budget according to Deltic's Night Index]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/27/Wells-and-Co-boss-Justin-Phillimore-leaves/</loc>
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      <image:caption><![CDATA[Moving on: Wells and Co boss Justin Phillimore is stepping down]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/25/Brexit-and-Shepherd-Neame-The-only-certainty-these-days-is-that-there-is-uncertainty/</loc>
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      <image:caption><![CDATA[Managed growth: some tenanted sites are expected to transfer to the managed estate, says Jonathan Neame]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/25/The-future-of-the-Inn-Collection-Group/</loc>
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      <image:caption><![CDATA[Next: the future of The Inn Collection Group]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/25/Debt-refinancing-dents-strong-pub-trading-at-Shepherd-Neame/</loc>
    <lastmod>2024-11-01T20:02:41.598Z</lastmod>
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      <image:caption><![CDATA[Strong results tempered: debt refinancing has offset good trade figures at Shepherd Neame]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/24/Kevin-Georgel-to-join-Shepherd-Neame-as-chairman-announces-departure/</loc>
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      <image:caption><![CDATA[Boardroom changes: chairman Miles Templeman’s departure has triggered a reshuffle]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/23/When-did-Young-s-stop-brewing-beer/</loc>
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      <image:caption><![CDATA[Historic site: the Ram Inn’s new tenants will also brew beer on the site for the first time since Young's brewery closed (image: Ewan Munro, Flickr)]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/23/Young-s-marks-birthday-with-new-brews/</loc>
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      <image:caption><![CDATA[London charm: the brewery and pubco has changed its branding to celebrate its 188th birthday]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/09/Priory-Inns-North-West-adds-10th-site-to-estate/</loc>
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      <image:caption><![CDATA[Expanding portfolio: multi-site operator Priory Inns North West has acquired its second site with Star]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/03/Robinsons-trading-update-for-2018/</loc>
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      <image:caption><![CDATA[Family business: (l-r) Robinsons pub division MD William Robinson and beer division MD Oliver Robinson]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/09/02/Stonegate-staff-can-take-out-wages-early-in-app-partnership/</loc>
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      <image:caption><![CDATA[Early pay day: the scheme will boost staff retention and recruitment, says Stonegate’s Tim Painter]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/20/Bath-Pub-Company-recruitment-fears-Brexit/</loc>
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      <image:caption><![CDATA[More Brexit uncertainty: Bath Pub Company said it has struggled to fill back-of-house roles since the EU referendum]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/19/Brakspear-2019-financial-results/</loc>
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      <image:caption><![CDATA[Good year: chief executive Tom Davies reveals good results at Brakspear]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/19/Number-of-wet-led-leased-pubs-drops-by-a-quarter/</loc>
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      <image:caption><![CDATA[Operational switch: the report found pubcos are moving towards managed models and adding food to their armoury]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/19/Wine-industry-failing-to-appeal-to-young-drinkers/</loc>
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      <image:caption><![CDATA[Alarm bells: Michael Saunders, CEO of Bibendum, shares his concerns about oversupply in the wine trade]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/14/South-west-pub-group-gears-up-to-expand-portfolio/</loc>
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      <image:caption><![CDATA[Sights on Somerset: Matthew Lowe, owner of the Country Pub Group and operations manager Tony De Brito are overseeing the group's gradual property expansion]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/08/Consolidation-could-be-the-future-of-the-pub-trade/</loc>
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      <image:caption><![CDATA[Buying power: Tom Stainer says big companies are in the process of acquiring smaller ones]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/08/01/When-will-Stonegate-s-Slug-and-Lettuce-Grainger-Street-Newcastle-open/</loc>
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      <image:caption><![CDATA[Transformation: a Slug & Lettuce will replace Yates in Newcastle]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/31/How-to-become-a-BrewDog-franchise-owner/</loc>
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      <image:caption><![CDATA[Bar call: BrewDog is appealing for franchise partners]]></image:caption>
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  <url>
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      <image:caption><![CDATA[Retail site: the plans for new micropub will see the conversion of a lingerie store]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/30/What-will-happen-to-Ei-Group-under-Stonegate/</loc>
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      <image:caption><![CDATA[Stepping stones: industry spectator gives notes on the biggest pub deal of 2019]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/29/Fuller-s-managed-pubs-plans-for-2019/</loc>
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      <image:caption><![CDATA[Fuller’s future: Simon Emeny believes in the managed business’s strength]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/22/How-many-pubs-closed-in-the-first-half-of-2019/</loc>
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      <image:caption><![CDATA[Rate of closure: more than one pub closed per day in the first half of 2019 according to real estate adviser Altus Group]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/09/I-want-to-redefine-pub-culture-says-south-London-operator/</loc>
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      <image:caption><![CDATA[Expansion plans: south-London pub operator Clement Ogbonnaya hopes to open seven pubs in the capital]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/07/03/How-much-is-the-pub-market-worth-in-2019/</loc>
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      <image:caption><![CDATA[Future prediction: managed, branded and franchised pubs have been forecast to drive 1.9% growth]]></image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/28/How-do-family-businesses-survive-and-thrive-in-the-modern-drinks-industry/</loc>
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      <image:caption><![CDATA[Punching above their weight: the foundation of the on-trade is based on family businesses ]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/24/Bierschenke-to-open-second-venue-after-800k-investment/</loc>
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      <image:caption><![CDATA[German invasion: poised to open its second venue, Bierschenke is in talks to acquire two further sites]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/21/Fuller-s-chief-executive-Simon-Emeny-on-Asahi-deal/</loc>
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      <image:caption><![CDATA[Looking ahead: Fuller's chief executive Simon Emeny is positive about the future of the pub group]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/12/How-many-sites-does-Loungers-have/</loc>
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      <image:caption><![CDATA[Rapid expansion: the operator of Lounges and Cosy Club has announced its landmark 150th site]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/11/Beds-Bars-to-invest-7.5m-in-new-and-existing-venues/</loc>
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      <image:caption><![CDATA[Raising the bar: Beds & Bars is planning to spend £7.5m on new venues and refurbishments]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/10/Liberation-Group-appoints-new-MD-and-sales-director-at-Butcombe-Brewery/</loc>
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      <image:caption><![CDATA[New chapter: Liberation Group has appointed a new sales director and managing director at Butcombe Brewery]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/06/Chris-Jowsey-Admiral-Taverns-chief-executive/</loc>
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      <image:caption><![CDATA[Experienced operator: Admiral's new chief executive, Chris Jowsey ]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/06/Loungers-hits-153m-revenue-in-the-last-12-months/</loc>
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      <image:caption><![CDATA['Landmark year': Growing brand Loungers put on 26.4% in revenues]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/06/03/Fellowship-and-Star-reopening-in-London/</loc>
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      <image:caption><![CDATA[£4m investment: relaunching the Fellowship & Star]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/23/NewRiver-hopeful-of-doubling-last-year-s-2.8m-spend-on-pub-projects/</loc>
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      <image:caption><![CDATA[Eventful year: NewRiver’s Mark Davies (left) and Hawthorn Leisure’s Gerry Carroll remain opportunistic about new acquisitions]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/23/Sales-up-at-Young-s-despite-tough-start-to-2019/</loc>
    <lastmod>2024-11-01T19:52:16.185Z</lastmod>
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      <image:caption><![CDATA[Summer sales: Young’s pub group was well placed to capitalise on an unexpectedly hot summer]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/23/NewRiver-income-from-pub-portfolio-increases-by-9.2m/</loc>
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      <image:caption><![CDATA[Buoyed by pubs’ performance: NewRiver has benefited from the acquisition of Star Pubs & Bars sites and the integration of Hawthorn Leisure]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/22/What-are-the-most-popular-pub-names-in-the-UK/</loc>
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      <image:caption><![CDATA[Name game: which is the most popular pub name in the UK? ]]></image:caption>
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  </url>
  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/22/Number-of-premium-and-all-day-bars-increases-by-4.1/</loc>
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      <image:caption><![CDATA[Sector trend: the number of premium-leaning all-day bars has grown by 4.1% in the past 12 months according to AlixPartners and CGA]]></image:caption>
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  <url>
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      <image:caption><![CDATA[Community hubs: Beerhouses is raising money with walking challenges, unique drinks and a short story ]]></image:caption>
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  <url>
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      <image:caption><![CDATA[Sales lift: The Restaurant Group puts its pub success down to premium food-led pubs (image: Jeff Buck, Geograph)]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/05/20/Inn-Collection-Group-taps-into-national-water-bottle-refill-campaign/</loc>
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      <image:caption><![CDATA[Showing some bottle: the Inn Collection group has partnered with Refill’s campaign to reduce plastic pollution]]></image:caption>
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      <image:caption><![CDATA[Driving force: BeerHeadZ chiefs Martin Johnson (left) and Phil Ayling]]></image:caption>
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      <image:caption><![CDATA[Making a point: Dan Davies (pictured) is regenerating the area formerly known as Rockpoint in Merseyside]]></image:caption>
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      <image:caption><![CDATA[New blood: Aaron McClure has been appointed as the new head brewer at Sharp’s Brewery]]></image:caption>
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      <image:caption><![CDATA[Watering hole: McMullen has earmarked a recently acquired canal-side plot for a new-build pub]]></image:caption>
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      <image:caption><![CDATA[Iconic pub: an east Lancashire gastropub once transformed by Michelin-starred chef Nigel Haworth will close]]></image:caption>
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      <image:caption><![CDATA[No small beer: Molson Coors’ Mark Bentley reveals what a beer sommelier does and how operators can benefit from them]]></image:caption>
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      <image:caption><![CDATA[Beer quality: head brewer Andrew Madden explains what makes up the ideal cask range]]></image:caption>
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      <image:caption><![CDATA[Grade B-listed: Slains Castle is set to become a Slug & Lettuce despite opposition (image: Bill Harrison, Geograph)]]></image:caption>
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      <image:caption><![CDATA[Second coming: owners Mark Caldicott (left) and Craig Woodley toast the launch of the Ale Rooms & Gin Bar]]></image:caption>
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      <image:caption><![CDATA[Standing down: James Staughton (pictured) will be replaced as St Austell CEO by Kevin Georgel]]></image:caption>
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      <image:caption><![CDATA['Iconic' venue: the £8.65m Hoste in Burnham Market, Norfolk, will offer more bedrooms than any other City Pub Group venue]]></image:caption>
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      <image:caption><![CDATA[Organic growth: the addition of 11 new sites in 2018 has helped The City Pub Group achieve a reported profit of £2m]]></image:caption>
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      <image:caption><![CDATA['Excellent year': The Coaching Inn Group has ‘achieved a great deal’ during the 52 weeks to 31 March 2019 according to chief executive officer Kevin Charity]]></image:caption>
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      <image:caption><![CDATA[Unique opportunity: Aprirose has described its latest pub purchases as a sign of growing commitment to an exciting sector]]></image:caption>
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      <image:caption><![CDATA[Regional growth: (l-r) managing director William Lees-Jones, general manager Neil Gorman and chairman Richard Lees-Jones]]></image:caption>
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      <image:caption><![CDATA[Winning team: (l-r) Corey Draper, head chef of the Ebrington Arms; Darral Warner executive chef (both pubs); Will Patterson, head chef of the Killingworth Castle; Mark Machin, senior certification officer for the Soil Association]]></image:caption>
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      <image:caption><![CDATA[Capitalising on growth: pubco Bruce Group hopes to fund a site expansion across Scotland (image: Silk Tork, Wikimedia)]]></image:caption>
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  <url>
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      <image:caption><![CDATA[Spending surge: average consumer spend in the late-night sector has increased by 15.5% according to Deltic]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/03/18/Stonegate-s-Simon-Longbottom-included-on-Maserati-100-list-of-top-entrepreneurs/</loc>
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      <image:caption><![CDATA[Industry recognition: Stonegate's Simon Longbottom has been voted one of the UK's top 100 entrepreneurs]]></image:caption>
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      <image:caption><![CDATA[Cryptic reveal: mystery surrounds the 12 to 16-course food and drink experience at Enigma]]></image:caption>
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      <image:caption><![CDATA[International Women's Day: Business leaders, in association with Plan B]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/03/06/Admiral-Taverns-the-Borough-Arms-Lymington-reopens/</loc>
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      <image:caption><![CDATA[Left to right: Anna Clissold (Admiral Taverns), Carl Milward, Debbie Milward (licensees) and Wayne Billyeald (Admiral Taverns)]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/03/06/Shepherd-Neame-managed-pub-growth-offset-by-36-000-barrel-drop-in-beer-volume2/</loc>
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      <image:caption><![CDATA[Outlook positive: Shepherd Neame sees its managed pubs as the principal area of investment and growth]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/03/01/How-many-Revolution-bars-are-there-in-the-UK/</loc>
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      <image:caption><![CDATA[Change is coming: Revolution Bars Group said it was refocusing on existing Revolution sites as total sales fell (image: Evelyn Simak Geograph)]]></image:caption>
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      <image:caption><![CDATA[Going for gold: The Alchemist is targeting £70m in sales in 2019 according to managing director Simon Potts]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/27/Loungers-can-match-Wetherspoon-Pret-and-Greggs-for-scale/</loc>
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      <image:caption><![CDATA[Class act: Loungers' co-founder and chairman Alex Reilley (left) believes that the company can match the scale of some of Britain's best-known brands]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/25/Who-is-the-MD-of-Epic-Pubs-Heroic-Pubs-and-Aspley-Pubs/</loc>
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      <image:caption><![CDATA[Under new management: Jo Probert takes on Rockpool MD role]]></image:caption>
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      <image:caption><![CDATA[High expectations: a derelict pub that was used as a cannabis factory is set to return to its former glory]]></image:caption>
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      <image:caption><![CDATA[Enterprising: Mr Miggins launched a successful pub business in the 1800s]]></image:caption>
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      <image:caption><![CDATA[Downward turn: operators in London saw a particularly bleak January]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/12/How-many-more-sites-will-Stonegate-buy-in-2019/</loc>
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      <image:caption><![CDATA[Big plans: Stonegate outlines plans for more buyouts]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/11/Ye-Old-Sun-Inn-Colton-North-Yorkshire-for-sale/</loc>
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      <image:caption><![CDATA[On the market: Ye Old Sun Inn, Colton, is up for sale]]></image:caption>
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      <image:caption><![CDATA[Continued expansion: Sean Donkin, MD of The Inn Collection Group, has increased the operator's portfolio]]></image:caption>
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    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/11/14-pubs-of-historical-significance/</loc>
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      <image:caption><![CDATA[Venues of change: pubs have always been key players in big decision making in the UK]]></image:caption>
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  <url>
    <loc>https://www.morningadvertiser.co.uk/Article/2019/02/08/Jamaica-Inn-handed-Highways-England-award-after-sheltering-stranded-motorists-from-snow/</loc>
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      <image:caption><![CDATA[Snow problem: staff at the Jamaica Inn have been recognised by Highways England]]></image:caption>
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