Rate Of Return

Employers ‘more positive’ about apprenticeship levy a year on

07-Mar-2018 By Claire Churchard

The majority of employers are confident that they will receive a positive return on investment (ROI) from the money they’ve paid into the apprenticeship levy, according to a survey of members of the People 1st Apprenticeship Network.

City news

Mitchells and Butlers revenue down 1.3%

19-May-2016 By James Evison

Mitchells and Butlers' half year results revealed that total revenue was £1,096m - down 1.5%.

Revolution Bars reports sales up 2.7%

01-Mar-2016 By MC Allegra FS

Revolution Bars has reported like-for-like sales up 2.7% for the six months to 31 December.

City news

Enterprise grows managed estate to 36 sites

17-Nov-2015 By MC Allegra FS

Enterprise Inns has grown its managed estate to 36 and its commercial property estate to 213 sites during the year to 30 September.

MRO: Pubco 'investment exemption' rejected

03-Feb-2015 By James Wallin

A bid to exempt pubcos from having to offer the market rent only option if they agree to significantly invest in a tenant’s pub has been rejected by the Government.

INSIGHT

Choosing between freehold and lease

05-Nov-2014 By Stephen Taylor

Stephen Taylor, managing director of Guy Simmonds, explains the details you must consider when searching for a suitable pub

TRG pubs deliver ‘outstanding performance’

29-Aug-2014 By John Harrington, M& C Report

The 50-strong pub restaurant business operated by The Restaurant Group delivered an “outstanding performance” in the 26 weeks to 29 June, with “significant increases” in both revenue and profit.

Luminar sites net big investments

29-May-2014 By John Harrington

About half of Luminar’s 53-strong estate is scheduled to have received significant investment by the end of the current financial year, with c.£5m earmarked for major work at 15 sites during 2014/2015.

Inventive Leisure back on the acquisition trail

04-Feb-2014 By John Harrington

Inventive Leisure, the Revolution bar operator, says it now plans to return to the acquisition trail after successfully refinancing its bank facilities.

Walkabout operator Intertain sees earnings rise

22-Aug-2013 By John Harrington

Intertain, the Walkabout bar operator, has reported a 60% rise in pre-exceptional operating profit in the year to 2 February, with EBITDA up 7.9% to £5.3m, as it saw the benefit of its estate investment programme and surrender of leases on unprofitable...

Luminar returns to profit

18-Jul-2013 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%.

Amber Taverns sees EBITDA increase by one-third

19-Jun-2013 By Mark Wingett

Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February as the 86-strong company reiterated plans to open 12 sites this year.

Walkabout operator Intertain eyes expansion after ownership deal

20-May-2013 By John Harrington

Intertain, the Walkabout bar operator, has announced changes in ownership that will see it actively pursue expansion opportunities.

FLVA calls for fairer share of profits for tied licensees

16-Feb-2012 By Tony Halstead

Licensees must be given a fairer share of tied pub profits if the industry is to attract more people with the right entrepreneurial skills, a trade leader has warned.

Marston's tenanted pubs return to growth

19-May-2011 By Ewan Turney

Marston's has hailed the impact of its quasi-franchise Retail Agreement in helping to return its tenanted division to growth for the 26 weeks to 2...

Zonal reports 40% rise in turnover

16-Feb-2011 By Mark Wingett, M&C Report

Zonal Retail Data Systems, the EPoS till provider to over 300 hospitality companies, has reported a 40% increase in turnover to £19.5m for the year...

M&B sells 333 pubs to TDR Capital

20-Aug-2010 By The PMA Team

Mitchells & Butlers (M&B) has sold 333 wet-led pubs to TDR Capital for £373m — in line with M&B's strategy to withdraw from drinks-led market.

Greene King's bonus rise

12-Aug-2010 By The PMA Team

Greene King directors and senior executives are to have potential bonuses increased from 100% of annual pay to 150% of annual pay in the current...

Sales up at Marston's managed pubs

20-May-2010 By Martyn Leek, M&C Report

Marston's has revealed a 1.4% increase in like-for-like sales at its managed pubs for the 26 weeks to 3 April.

M&B boosted by food sales

19-May-2010 By Ewan Turney

Managed operator Mitchells & Butlers has announced a 1.8% increase in like-for-like sales on last year for the 33 weeks to 15 May. M&B,...

Punch managed set to roll-out new concepts

22-Apr-2010 By The PMA Team

Punch has claimed that by the end of this year 220 pubs will have been "fixed" by conversion to new concepts or investment.

Barracuda invests in pub refurbishments

19-Oct-2009 By Ewan Turney

Managed operator Barracuda is to refurbish 22 of its pubs between August and December 2009 as part of a multi-million pound investment. The...

Green pub reduces bills

09-Oct-2009 By Gemma McKenna

A Surrey pub has cut its energy bills by a third by changing its lighting, adding extra insulation and collecting rainwater. The improvements mean...

Investment protects Burtonwood from tough trading

18-Jun-2001

Burtonwood Brewery is to continue with its steady investment in refurbishments and acquisitions in the face of tougher conditions.The pub operator...