Companies

Bear with us: after closing indefinitely following a fire on 22 July, its been announced that the Thirsty Bear will reopen on 17 October

Former GBPA finalist to reopen after fire

By Stuart Stone

London’s Thirsty Bear, a finalist in the 2017 Great British Pub Awards’ Best for Sport category, will reopen on Saturday 17 October after fire forced it to close in July.

Government ask: “I’d want rid of the curfew all together. To have customers in an environment where they are supervised and controlled,

‘Job Support Scheme is a shambles’

By Nikkie Thatcher

The Government’s replacement Job Support Scheme (JSS), which will take over from the furlough scheme from November, has been criticised by a Leeds-based multiple operator.

All options open: Revolution's board believes the long term nature and potential impact of the Government's latest trading restrictions mean it must consider all necessary options, including a CVA

Revolution Bars Group considers CVA

By Stuart Stone

The nationwide operator of 74 Revolution and Revolucion de Cuba bars has confirmed it is working with advisors to secure its long-term viability.

New normal: 'I am particularly impressed by the way in which our teams have made this possible by responding to the challenge of our new operating environment with energy and enthusiasm,' M&B's Phil Urban said

M&B sales slip 6.4% post-EOTHO

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed its like-for-like sales for the first three weeks of September are down versus its Eat Out to Help Out boosted August numbers.

Job loss: up to 450 roles in JDW's airport sites could be at risk

400 possible redundancies at JDW airport pubs

By Nikkie Thatcher

Pub staff at JD Wetherspoon (JDW)'s airport sites have been told a possible 400 to 450 roles are at risk of redundancy due to a drop in passenger numbers, it has announced.

Up to 6,000 jobs cut: 'these changes create a more flexible labour model that can adapt with changes in the demand environment going forward,' Whitbread said of redundancy proposals

Whitbread to cut 6,000 jobs

By Stuart Stone

The operator behind brands such as Brewers Fayre, Beefeater and Premier Inn has announced that as many as 6,000 members of staff could face redundancy following a collapse in sales during the coronavirus crisis.

Strong sales: 'our like-for-like sales of +30% over the last 10 weeks includes the remarkable four weeks of the ‘Eat Out to Help Out’ scheme,' Loungers' Nick Collins said

EOTHO boosts Loungers’ summer sales by a third

By Stuart Stone

According to café-bar operator Loungers’ latest trading update, like-for-like sales grew by 29.9% between 4 July and 13 September largely as a result of the Government-backed Eat Out to Help Out discount scheme.

New openings: both sites will see a combined investment of £6.6m

JDW to pump £6.6m into two new sites

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) is set to begin development work on two new pubs in the next three weeks, costing £6.6m.

Transaction data: 'JDW sales were 22.5% below the equivalent Saturday last year. It is clearly not the case pubs are ‘dangerous places to be’,' the pub group boss Tim Martin said

JDW sales slump on Saturday before ‘rule of six’ enforced

By Nikkie Thatcher

JD Wetherspoon (JDW) saw year-on-year sales drop by more than a fifth (22.5%) on Saturday 12 September amid national reports of pubs and bars being flooded with customers ahead of the Government’s ‘rule of six’ coming into force today (Monday 14 September).

'Unreasonable and unsustainable': a group formed by the tenants of 202 pubs owned by Global Mutual will deliver a letter to Small Firms Minister Paul Scully

Tenants to protest pub-owning hedge fund’s rent relief

By Stuart Stone

A group formed by the tenants of 202 pubs owned by Global Mutual will march on Whitehall to deliver a letter to Small Firms Minister Paul Scully today (9 September) despite the hedge fund stating that it has provided £4.4m worth of pandemic support thus...

Technology available: customers can scan in upon entry at JD Wetherspoon pubs

JDW sees 5.7m track and trace check ins

By Nikkie Thatcher

Pub behemoth JD Wetherspoon (JDW) has received 5,742,125 check ins of track and trace across its UK and Republic of Ireland estate in one month.

'Ongoing uncertainty': 'we have taken the unwelcome decision to initiate a programme of redundancies to ensure our cost base reflects the environment we expect to operate in over the coming months' Thwaites' Richard Bailey said

Thwaites begins redundancy programme

By Stuart Stone

Lancashire-based brewer and pub operator Daniel Thwaites has taken the 'unwelcome decision' to initiate a programme of redundancies in light of uncertainty around winter trading conditions.

Operating prediction: Laine directors said after reopening on 4 July, trade had exceeded expectations

Laine reports losses of £8.4m

By Finn Scott-Delany, MCA

Laine Pub Company has reported a loss after tax of £7.4m for the 50 weeks to 18 August 2019, following a profit of £1.1m in 2018.

Trade insight: operators have told of their despair around the lack of clarity as to when late-night venues can reopen

Lights out for late night?

By Georgia Cronin, MCA

Having already provided your full name and contact details, you pass by the thermal imaging camera and through the personal protection tunnel, where you remain for five seconds to ensure the chlorine dioxide has thoroughly disinfected your clothes and...

Coronavirus crisis: JD Wetherspoon said it expects an annual loss for the year ending 26 July

JD Wetherspoon pushed to annual loss

By Emily Hawkins

Pub behemoth JD Wetherspoon (JDW) has warned it will report an annual loss amid the coronavirus pandemic and its food sales will be subdued after the Government’s discount meal scheme ends.

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