2008

Eclectic: £1.8m on three new openings

Eclectic Clubs & Bars to open three venues

By Ewan Turney

Eclectic Clubs & Bars has splashed out £1.8m on opening three venues in Manchester, Norwich and Oxford. The operator, backed by private equity...

Thorley: earnt £681,000 last year

Punch directors earn 11.5% bonuses

By The PMA Team

Punch Taverns executive directors were awarded cash bonuses of up to 11.5% of base salary for exceeding specific performance objectives.

Beanscene: sold in 2008

New format for S&NPE in Scotland

By The PMA Team

S&NPE has entered into an agreement with the founder of Beanscene, the Scottish coffee chain, to launch two new branded pub concepts.

Fox & Barrel: quick deal

Punch pub deal done in just eight days

By Gemma McKenna

The latest Punch tenant to become a freeholder says his bank turned the deal around in just eight days. Gary Kidd, with Dickie Cotterill and Tony...

Temporary concesion: the reduction will last for 12 months

Enterprise reduces pub's rent by 38%

By John Harrington

Enterprise has agreed to reduce rent by 38% for 12 months at a south Wales pub on advice of a valuer chosen by the pubco. In a rare move, Enterprise...

Clarke: M&B boss has resigned

Clarke quits M&B over further hedge losses

By The PMA Team

Mitchells & Butlers boss Tim Clarke has resigned from the company after it was forced to pay another £96m pre-tax to settle a disastrous hedge swap.

Orchid: losses of £46.2m

Orchid property arm close to breach

By Mark Stretton, M&C Report

Recently published accounts from Orchid Group reveals its property arm is in danger of breaching a banking covenant.

Waverley TBS: Sponsor of freetrade survey

Morning Advertiser Freetrade Survey

By Andrew Pring

Complete our freetrade survey by 19 September and you could win £1,000 or a magnum of Lanson Champagne, courtesy of WaverleyTBS.

Williams: Tenants better off with tie

Fit to be tied?

By Clive Williams

If the tie goes, the cake will simply have to be cut in a different way, says Clive Williams Dave Law's comments (Your Say, MA, 7 August 2008) on my...

JDW boss Tim Martin blames Government for cost increases

JDW: Government to blame for rising costs

By Ewan Turney

JD Wetherspoon has warned that fuel, energy, food and labour costs will see a "considerable increase" over the next year - and it blames the...

Enter the Great British Pub Awards

Enter the Great British Pub Awards

The Great British Pub Awards are specifically designed to recognise excellence in retailing across a diverse range of areas. There are 13 categories...

Pub HIPs could cost £1,500

Pub HIPs could cost £1,500

By Ewan Turney

An Energy Performance Certificate could cost pubs up to £1,500. The MA broke the news in June that from 1 October 2008, all pubs that are sold,...

Foodservice news

Foodservice news

A look at what's new in the world of pub suppliers Knorr National Chef of the Year The search is hotting up for the Knorr National Chef of the Year...