Cost

Charity: every reader should be supporting our campaign to cut VAT to 5%

Gov’t needs to relieve tyranny of rising costs

The past week has been dominated by the latest round in the on-going tenant and pubco debate. But there’s one issue that we can all agree on. Businesses have been hit by wave after wave of cost increases in the past decade. The increase in regulatory...

Clayton: Trade is addicted to turnover figures

‘Control of costs and margins are key’

By Michelle Perrett

Will Clayton, the entrepreneur behind Gresham Inns and Leicester Square wine bar, the Cork & Bottle, claims that many businesses are spending a disproportionate amount of time looking to increase sales, when they are running a business where costs...

Price increases at 3663

Price increases at 3663

By Gurjit Degun

Food-led pubs are set for more doom and gloom over food prices, as foodservice company 3663 has confirmed that it will increase the cost of 35% of its products this month.

Cost of food is going up

Pubs’ food costs spiral upward

By Gurjit Degun

Food-led pubs are having to explore different menu options and cooking techniques in a bid to keep costs down as food inflation reaches 20% on some items.

Brunning & Price: Black Jug in Horsham is part of the TRG estate

Restaurant Group: pubs trading well

By Mark Wingett, M&C Report

The Restaurant Group (TRG) has reported an increase in margins and profits at its pub restaurants for the 53 weeks to 2 January.

Councils are pushing for higher licensing fees

Councils push for higher licence fees

By John Harrington

Local councils are pushing for reform of alcohol licence fees in a way that could ratchet up costs for pubs. Town hall lobbyists say fees should...

Wigham: good advice

Good advice — why people don't use it

By Paul Wigham

I sat this week on the inaugural meeting of the BII Panel of Professional Advisors and it sparked debate on a number of issues, says Paul Wigham.

Pub food: cost rising

Cost of pub meals up 5.6%

By Lesley Foottit

The price of eating out at the pub is becoming more expensive — showing a 5.6% increase on last year — according to hospitality analysts...

Under-18s: rise in alcohol-related hospital admissions

Underage drinking costs NHS £19m a year

By Ewan Turney

Underage drinking, fuelled by the "ludicrously cheap price of alcohol" in supermarkets, is costing the National Health Service £19m a year. The...

Cheap supermarket beer: Government is considering options for action

Four price options to curb below cost sales

By Peter Cripps, The Grocer

The Government has put forward four options to ban below-cost selling of alcohol and is planning to take the proposals to a public consultation...

RPI increase is another burden for tied tenants

Pub tenants hit by 19-year RPI high

By Ewan Turney

Bad news for tied pubco tenants as the Retail Price Index reached a 19-year high in April — it will mean extra rent rises for some.

M&B: review details announced on 24 March

M&B to reveal review details next week

By Martyn Leek, M&C Report

Mitchells and Butlers (M&B), the embattled managed pub group, has revealed that it will release details of its latest strategic review next week.

Luminar: no upturn in recent trade

Luminar to cut costs

By Martyn Leek, M&C Report

Luminar, the embattled nightclub operator, is to start a rigorous cost reduction exercise after revealing it had seen no upturn in recent trading and...

Peter Gough: drives business at the George and Dragon

Bright ideas on a budget

By Sheila McWattie

Building your business doesn't always require ambitious plans and a massive outlay. Sheila McWattie investigates a few cheap, but well-targeted initiatives.

Hastings: report was based on a sound assessment of the evidence

BBPA: OFT's beer tie report was robust

By Ewan Turney

The Office of Fair Trading's original decision on the beer tie was "robust", according to the British Beer and Pub Association.

Age checking condition will cost pubs

Alcohol code will cost pubs £859

By Gemma McKenna

The mandatory code will cost £859 per pub in the first year — £613 more than original estimates. The Home Office estimates the total cost across...

JW Lees: price freeze this year

JW Lees freezes prices

By John Harrington

Manchester brewer JW Lees plans to freeze the wholesale and retail price of its beers during 2010. The brewer said it would be "cynical" to raise...

Enterprise Inns: £18m on rent concessions and special discounts

Enterprise reports sharp drop in profits

By The PMA Team

Enterprise Inns has reported a £55m drop in full-year pre-tax profits to £208m for the year to 30 September. Profit after exceptional items was £11m compared to £209m in 2008.

Bish: benchmarking survey a useful tool

Pub benchmarking survey open to all

By Ewan Turney

A benchmarking survey of pub operating costs — designed to help in rent calculations — has been opened up to the whole trade for the first time....

Luminar

Luminar sales drop 3.3%

By The PMA Team

Nightclub company Luminar has reported same outlet sales fell by 3.3% during the first 18 weeks of the year to 2 July compared to the previous year....

Punch: challenging trading environment

Punch: leased and managed divisions stable

By The PMA Team

Punch Taverns has reported that it has stabilised performance in both its leased and managed division for the 40 weeks to 30 May. Like-for-like...

Cost of a pub meal hit a high in 2008

Pub meal prices could drop to 2006 levels

By Ewan Turney

The cost of a pub meal could drop back to 2006 levels as competition for customers increases, according to one market analyst. Peter Backman of...

Budget: bad news for leased pubs

Fears grow over tenanted & managed price gap

By Tony Halstead

The widening drinks price gap between tenanted and managed pubs grew further this week as the real effect of the Budget duty hike became clear. The...

JD Wetherspoon: like-for-like sales up 0.5% in third quarter

JD Wetherspoon: trading resilient

By Ewan Turney

JD Wetherspoon recorded a like-for-like sales increase of 0.5% for the 13 weeks to 26 April and is now "slightly more positive" about its prospects.

Harveys brewery joint MD Miles Jenner and Camra's Paula Waters express dissatisfaction at the cost to the consumer

Price of a pint up 5.5% on last year

By Ewan Turney

The price of a pint of real ale has increased by an average of 5.5% since last year's Budget, according to new figures from the Camra.

London Pride: price up 2.5% in April

Fuller's increases beer prices by 2.5%

By Ewan Turney

London brewer Fuller's has announced plans for a 2.5% increase in beer prices but will absorb cost increases until 1 April. The London Pride brewer...

Carlsberg: prices up by 2.8%

Carlsberg increases beer prices by 2.8%

By Ewan Turney

Carlsberg is to increase its wholesale prices for draught and packaged beers by 2.8% from 2 March. The Danish brewer blamed an increase in material...

Marston's: own beer prise rises held until autumn

Marston's: profits down 6% at leased pubs

By Ewan Turney

Like-for-like profits at Marston's tenanted and leased pubs slumped 6% on last year for the 15 weeks to 17 January — but brewer and operator is helping tenants by absorbing wholesale beer price rises.

Kinsey: pleased with festive trade

Nexum boosted by bumper festive season

By M&C Report

Nightclub operator Nexum Leisure has revealed that like-for-like sales at its core estate have increased by 6%. Revealing its sales for a five week...