Investment

Rob Willock:

Proper pension planning prevents publican penury

By Rob Willock

No personal pension — that’s the reality for the majority of pub licensees, who are leaving themselves at risk of financial insecurity in later life, according to the PMA’s latest survey of its readership.

PMA personal finance survey

Run a pub? Take our survey on personal finance

By Mike Berry

Running a pub can be a rewarding and profitable career, but involves a lot of blood, sweat and tears. Some licensees will certainly struggle to make a success of their business.

Greene King and M&B set to be among bidders for Orchid pubs

Greene King and M&B set to be among bidders for Orchid pubs

By Mark Wingett

Mitchells & Butlers (M&B), Greene King and Starwood Capital, are amongst six firms believed to be set to bid for all or part of the Orchid group, which was placed on the market last year with a price tag of c£250m.

McMullen invests in major refurb programme

McMullen invests in major refurb programme

By Ruth Williams

McMullen, the Hertford-based brewer and pub company, has invested £240,000 renovating five of its pubs as part of its on-going investment plans across its estate.

Greene King sells 275 pubs to Hawthorn Leisure

New pubco snaps up 275 Greene King sites

By Mark Wingett

Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King for £75.6m.

Licensee in limbo after five-year ACV listing 'blights' business

Licensee in limbo after five-year ACV listing 'blights' business

By Ellie Bothwell

A Hertfordshire publican has spoken out about the frustration of her pub being listed as an asset of community value (ACV), stating that the protective measure is “blighting” her ability to sell, invest in or change the use of the property. 

Orchid 'in IPO talks with advisors'

Orchid 'in IPO talks with advisors'

By Mark Wingett

Deutsche Bank is understood to be conducting a beauty parade of potential advisors to a possible initial public offering (IPO) of Orchid Group, the Publican's Morning Advertiser's sister title M&C Report has learned.

Brasserie Bar Co secures new funding

Brasserie Bar Co secures new funding for expansion

By Mark Wingett

Brasserie Bar Co, the owner of the Brasserie Blanc chain and White Brasserie Company, has secured £13.5m of new funding to support the expansion of the group by at least 20 new sites over the next three years.

Adam Fowle appointed non-executive director at Enterprise Inns

Enterprise reports 'encouraging' trading; names new non-exec director

By John Harrington

Enterprise Inns has announced the appointment of former Mitchells & Butlers CEO Adam Fowle as a non-executive director, as it reports “encouraging” trading in the first 18 weeks of its financial year, with like-for-like net income across the whole...

City Pub Company

City Pub Company raises £10m in 10 days

By John Harrington

City Pub Company, the Enterprise Investment Scheme (EIS)-funded operator, is set to close its latest round of fund-raising, which will see it raise £10m in 10 days.

Enterprise Inns results

Full-year net income down at Enterprise Inns

By Mark Wingett

Enterprise Inns has this morning reported a 2.9% decline in like-for-like net income for the year to 30 September, but said that it had witnessed an improving trend in the final quarter of the year, with like-for-like net income growth of 0.6%.

Progressive Beer Duty criticism

Lancaster Brewery owner slams PBD ‘madness’

By John Harrington

A co-founder of C2 Investment, which owns 76% of Lancaster Brewery, has criticised the “madness” of progressive beer duty (PBD) as it reported a pre-tax loss in the year to 31 January.

Glendola craft beer

Glendola to unveil craft beer and cocktail format

By John Harrington

Glendola Leisure, the bar and restaurant group, is to launch a new cocktail and craft-beer format at its latest venue in the City of London as it looks to become more innovative over the coming year.

Orchid

Orchid reports modest underlying growth

By Mark Wingett

Orchid Pub Company has reported modest underlying growth across its c240-strong estate for the year to 31 December 2012, 12 months it decribed as “transformational”, whilst like-for-like sales are currently ahead by 3%.

Mitchells & Butlers Miller & Carter

Mitchells & Butlers to grow Miller & Carter brand

By John Harrington

Alistair Darby, chief executive of Mitchells & Butlers (M&B), has told M&C Report the company is ready to “put its shoulder” behind its steakhouse format Miller & Carter as it looks to grow the brand’s pipeline.

Fayre & Square pubs

Spirit outlines expansion plans for managed estate

By John Harrington

Spirit Pub Company has outlined the potential for expansion across its managed concepts, with Fayre & Square having the potential to grow from 156 to 250 sites and Flaming Grill possibly from 84 to 225 outlets.

Luminar returns to profit

Luminar returns to profit

By John Harrington

Luminar, Britain’s biggest nightclub operator, has returned to profit in its first full financial year under the Peter Marks-led consortium, as it saw returns on investment from its recent programme exceed 50%.

Brewhouse & Kitchen Enterprise Investment Scheme

Brewhouse & Kitchen raises £5m for growth

By John Harrington

Brewhouse & Kitchen, the Enterprise Investment Scheme (EIS) venture led by Convivial Pubs chief executive Kris Gumbrell and former Mitchells & Butlers (M;B) executive Simon Bunn, has completed its £5m fundraising drive as it targets three more...

Luke Johnson Grand Union investment

Grand Union set to grow after Luke Johnson investment

By John Harrington

Grand Union plans to grow from seven to at least 20 sites across “London’s villages” in the near-to-medium term following news that serial sector investor Luke Johnson has taken a 50% stake in the bar group.

Greene King aims for Hungry Horse expansion

Greene King aims for Hungry Horse expansion

By John Harrington

Greene King, the brewer and pub operator, believes it can more than double the size of its 200-strong Hungry Horse brand, which it said would be at the forefront of its growth and was now positioned at the heart of the austerity “VFM sweet spot” and driving...

Spirit Pub Company reports managed estate drop in sales

Spirit Pub Company reports managed estate drop in sales

By M&C Report

Spirit Pub Company has reported a 1.1% decline in sales across its managed estate for the eight weeks to 2 March and said that trading conditions were very challenging during the period as a result of the snowfall in January and prolonged cold weather...

Spirit reports 2.3% rise in like-for-like sales

Spirit reports 2.3% rise in like-for-like sales

By John Harrington

Spirit Pub Company has reported a 2.3% rise in like-for-like sales in its managed division in the 20 weeks to 5 January - with festive like-for-likes at +5% - and says it has converted eight leased sites to franchise, with five adopting the John Barras...

Spirit pre-tax profits rise by 16%

Spirit pre-tax profits rise by 16%

By John Harrington

Spirit Pub Company has reported a 5% rise in full-year EBITDA to £146m and a 16% rise in pre-tax profit to £51m, both before exceptional items, with like-for-like managed sales up 4.8% and like-for-likes in its leased division down 4.9%.

Spotlight

The Morning Advertiser's Lock In Podcast episode 77 Stars in bars! Competition kicked off: entry for the 2024 Great British Pub Awards is now open Hunt is under way for the Great British Pub of the Year The Morning Advertiser's Lock In podcast shortlisted for award Lock In podcast shortlisted for top award

Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

Most popular News

Follow us

The MA Lock In Podcast

Join us for a Lock In

Pub Trade Guides

View more