Companies

Charles Wells annual results

Charles Wells reports a year of 'steady progress'

By John Harrington

Charles Wells has reported a year of “steady progress” as it grew pre-tax profits from £6.5m to £6.7m and reduced net debt by £18.8m to £44.7m, due to the sale of its distribution depot and its Kestrel Super Strength brand.

BBPA World Cup

BBPA produces World Cup guidance for pubs

By Michelle Perrett

The British Beer & Pub Association (BBPA) has produced guidance for pubs to help them make the most of this year’s World Cup which is being held in Brazil.

City Wall patio dispute with Medway Council

Kent licensee 'in limbo' after patio setback

By Ellie Bothwell

A Kent licensee fears for his trade after he was banned from using the patio next to his bar due to noise, despite the fact it has been part of his business for 12 years.

Spirit Leased pub company MD Chris Welham interview

The Big Interview: Chris Welham, Spirit Leased

By Michelle Perrett

Chris Welham, managing director at Spirit Leased, tells Michelle Perrett how he helped turn the ailing business around to build an estate that is now thriving, and how he plans to maintain the success.

Wetherspoons Christmas sales results

Wetherspoons reports healthy like-for-like sales

By John Harrington

JD Wetherspoon has reported a 6.7% rise in like-for-like sales in the 12 weeks to 19 January although it expects pre-exceptional operating margin for H1 to be slightly lower than in the same period last year.

Punch Taverns debt restructure

Sides clash over Punch debt restructure

By John Harrington

Punch Taverns executive chairman Stephen Billingham and a committee representing senior Punch noteholders have clashed over the process of the company’s debt restructure.

McCarthy:

Time for a fresh industry attitude

By Ashley McCarthy

A New Year, same old story? Come on — let’s blow the cobwebs away and make 2014 a year to remember for our industry, argues BII Licensee of the Year Ashley McCarthy.

New chair of SIA takes up role

New chair of SIA takes up role

By Michelle Perrett

Elizabeth France has started her new role as the chair of the Security Industry Authority (SIA).

CAMRA launches Pubs Watchdog petition

CAMRA launches petition calling for Pubs Watchdog

By Michelle Perrett

CAMRA, (Campaign for Real Ale), has launched a petition to build pressure on the Government in advance of the Parliamentary debate on Tuesday (21 Jan) calling for a Pubs Watchdog.

Punch Taverns restructuring debt

Punch announces full restructure proposal

By John Harrington

Punch Taverns, the tenanted and leased pub operator, has announced the full terms of its debt restructuring proposal and said that failure to effect the restructure would be expected to lead to a default in the near-term.

Hall & Woodhouse secures new loan

Hall & Woodhouse secures funding for new pubs

By John Harrington

Hall & Woodhouse, the Dorset-based brewer and pub operator, has secured a £20m, 10 year loan from M&G Investments to help it acquire and invest in new pubs.

Everards acquisitions 2014

Everards eyes six acquisitions in 2014

By John Harrington

Everards managing director Stephen Gould has told M&C Report he hopes to add around six sites this year, as the company reports a 1.7% rise in profit before tax and exceptionals to £1.6m in the year to 30 September.

Luminar

Luminar announces new chairman

Luminar, the nightclub operator led by Peter Marks, has announced that Alex Geffert is to step down as chairman on 16 January and will be replaced by Bob Brannan, former group managing director of Whyte & Mackay and William Grant Distillers and former...

Mitchells & Butlers All Bar One airport

All Bar One eyes airport debut

By John Harrington

Mitchells & Butlers (M&B) is in talks to open a first site under its All Bar One brand at Birmingham Airport, M&C Report understands.

Butcombe Brewery legal action

Butcombe to take action against legal advisors

By John Harrington

Butcombe Brewery has reported a sharp fall in full-year profits and says it’s taking action against its legal advisors in relation to costs incurred to enact a break clause on a pub lease.

Bramwell Pub Company, EBITDA

Bramwell owed £60.6m at collapse

By John Harrington

Bramwell Pub Company collapsed owing £60.6m to creditors, according to a new report that says the decision to put the company in administration followed a deterioration of trade and was sparked by one of its suppliers reducing its credit terms and demanding...

Yummy Pub Co manager jailed for theft

Former Yummy Pub Co manager jailed for £19,000 theft

By Michelle Perrett

Yummy Pub Co has said its trust was betrayed in one of the “most shocking ways” as its former general manager Aron Sheridan was sentenced to eight months in jail for the theft of £19,000 from the Grove Ferry Inn, near Canterbury in Kent.

NatWest/RBS

NatWest/RBS launch £250m storm fund

By Mark Wingett

NatWest and RBS have launched a £250m UK Storm Business Fund to provide short term, interest free financing to speed recovery for businesses affected by recent floods and gales.

Peter Austin dies

Peter Austin dies age 92

By Roger Protz

Peter Austin, the man who set up Ringwood Brewery, died aged 92 on 1 January 2014.

CAMRA pubs and economy

CAMRA launches new Pubs and the Economy campaign

By Ellie Bothwell

The Campaign for Real Ale (CAMRA) has today launched its ‘Pubs and the Economy’ campaign, aiming to promote the benefits of pubs to British economy and encourage more people to use their local during January, which is often a quiet period for the industry.

Palmers Brewery profits fall

Poor weather hits Palmers' profits

By John Harrington

Palmers, the Dorset-based brewer and pub operator, has reported a drop in profits and turnover in the year to 31 March 2013 as it suffered from poor weather and the Olympic “stay away factor”.

Hook Norton brewery financial results

Hook Norton returns to profit

By John Harrington

Hook Norton, the Oxfordshire-based brewer and pub operator, returned to profit in the year to 30 September and said it would dispose of more pubs and “potentially” make acquisitions.

TCG Christmas trading

TCG reports strong Christmas trading

By John Harrington

Turnover for TCG, the managed operator, grew 7% over the Christmas and New Year period, the company has said.Food sales grew 10% across the business, according to chief operating officer Nigel Wright.

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