Minimum wage for 21-year-olds
Labour Party plans to extend the full adult minimum wage to 21-year-olds will hit pubs hard, trade experts warn. Ministers also announced plans to...
Archives for July 30, 2008
C&C plans to grow orchard acreage
C&C Group, the maker of Magners Irish Cider, plans to expand its apple orchards across Ireland over the next few years. Speaking exclusively to...
M&B to swap 21 hotels for 44 Whitbread pubs
Mitchells & Butlers (M&B) is to swap 21 of its hotels for 44 Whitbread pub restaurants in a straight asset swap worth £78m.
Pub closures are 'dramatic'
Mitchells & Butlers (M&B) chief executive Tim Clarke has claimed that the boarding up of pubs is taking place on a "considerably greater scale" than occurred in the recession of 1990-91.
Managed muscles flexed
The managed pub sector is using its scale to hold prices or offer sharper discounts to grab market share from an under-pressure tenanted sector, says The PMA Team.
Trade must run hard to stay still
With food inflation running at belt-tightening levels, and with high-street retailers targeting the value-meal market, life's about to get even tougher for the licensed trade.
Confusion over Dawnay's stake in Premium Bars
A question mark hangs over the ownership of Dawnay Day's 29.4% stake in Premium Bars & Restaurants, in the wake of the investment fund being...
InBev announces further 3.3% price rise
InBev has announced a second price increase this year of 3.3% in the on and off-trade from 15 September. The Stella Artois brewer is blaming steep...
Government to ban 'tip top-ups' to minimum wage
Pubs and restaurants are to be banned from using tips to bring staff salaries up to the minimum wage level.However, industry representatives have...
TCG Acquisitions to split five ways
TCG Acquisitions, the managed company owned by Alchemy Partners, is preparing to split itself into as many as five different legal entities. The...
WKD talks footie tactics
Beverage Brands has published two WKD footie tactics sheets providing licensees with tips on how they can drive footfall and generate business...
Whitbread and M&B in hotel/pub asset swap
Whitbread has agreed to swap 21 hotels owned by Mitchells & Butlers (M&B) and currently operating as Express by Holiday Inn sites in exchange...
The pub industry is drowning not waving
Lately, tales of woe seem to be gaining credibility, says GlassHouse chief executive Peter Linacre.
Government to close tips loophole
Tips will no longer be able to count towards minimum wage payments — and employers are "encouraged" to make it clear to customers where their tips go in a fundamental shake-up of laws.