Economics

iTradeNetwork: sold to Roper

Roper acquires iTradeNetwork

By Ewan Turney

US firm Roper has acquired online ordering company iTradeNetwork for around £338.5m ($525m).

Greene King: i-draught systems have been installed across Greene King estate

Brulines: i-draught will help increase sales

By Ewan Turney

Beer flow monitoring company Brulines is confident its new i-draught system will help it increase sales, despite the wider economic uncertainty. The...

May did not include the half-term week this year

Top pub chains see sales dip in May

By Ewan Turney

Like-for-like sales at the country's top pub and restaurant groups fell 1.2% in May on last year as trading remains tough. Companies taking part in...

Wells & Young's: backing LTC golf tournament

Courage sponsors LTC golf

By John Harrington

Brewer Wells & Young's is backing the Licensed Trade Charity's (LTC) national golf tournament.

Bennett: taking up role with BII

BII appoints new finance director

By Ewan Turney

The BII has appointed Henry Bennett as finance director — he has previous charity and licensed trade experience.

Managed pub sales grew in February

Top managed pubs in growth for February

By The PMA Team

The UK eating and drinking-out market moved back into positive territory in February — or at least the country's leading pub chains did.

Watson (L) with fellow Capital founder David Bruce

Capital Pub Company: London market buoyant

By Ewan Turney

Capital Pub Company has reported an improved trading performance on last year as the London market remains buoyant. The operator confirmed the...

FPB: urging Government to support small businesses

FPB: don't ignore small business

By Ewan Turney

The Government must not sacrifice support for small businesses to plug the gap in public finances, the FPB has warned.

Thompson: cautious welcome to plans

Cautious welcome for pub lending plan

By John Harrington

The Government's plan to let small firms borrow money from pension funds and insurance companies has been met with a cautious welcome.

Backman: cautious about recovery

Pubs urged to keep cost controls tight

By Ewan Turney

Pubs and restaurants must not ease up on the tight cost controls imposed — even if they see an upturn in the run-up to Christmas.

Living Rooms is one of PBR's prized brands

BDO: several parties interested in Premium

By The PMA Team

The administrator for Premium and Bars Restaurants has reported that there are several parties interested in buying parts of the business. Dermot...

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...

Minimum Pricing: not the answer, according to new survey

'Case for minimum pricing is weak'

By John Harrington

The case for having minimum pricing of alcohol is "weak" and previous studies about its impact have been "overestimated". That's according to a new...