Archives for August 26, 2009

← 2009

Diageo reports operating profits of £2.6bn

By Hamish Champ

Drinks giant Diageo, currently facing a revolt over its plans to close plants in Scotland, has reported a 13 per cent increase in operating profits...

Reality check at Sam Smith's

By The PMA Team

The Tadcaster-based Samuel Smith's business lives in its own bubble. Parts of its world are charming. It eschews well-known brands and piped music....

Couple to quit over single noise complaint

By James Wilmore

A licensee couple who rely heavily on income from gigs are planning to quit their pub after a council clampdown - based on just one complaint from a...

Online music service for pubs

By MA Reporter

The online music streaming service Spotify is in talks about the launch of a version for pubs and bars. Under its current licensing deals with...

BII to toughen pubco code scheme

By John Harrington

The BII has promised to toughen its scheme that benchmarks pubco codes of practice for clarity. Having codes re-accredited annually, and publishing quarterly update reports, are among the changes.

Batemans grows its sales

By The PMA Team

Lincolnshire brewer and pub retailer Batemans has reported an 8% increase in barrelage in its most recent year to just over 30,000 barrels....

Coercion in disguise

By Peter Coulson

The idea of "voluntary" agreements has been around for a long time in the licensed trade, and has not improved with age. The latest, in Rotherham,...

Councils deny following Oldham

By John Harrington

Three councils deny reports that they're meeting officials in Oldham to examine the authority's hard-line approach to licensing. Oldham continues to...

Publican staff get behind the bar

By Claire Dodd Claire

I've abseiled down a very tall building in a blizzard. I've walked through Manchester city centre at four in the morning wearing a very short skirt....

Bar Room Bar's £16m debt

By The PMA Team

Bar Room Bar is set to leave creditors out of pocket by around £16m, a report by administrator Zolfo Cooper indicates.

Distress sales up — but at good prices

By Gemma McKenna

More "distress" sales of pubs are taking place than ever and their relatively cheap prices mean they're being snapped up quickly. That's according...

Input costs hurt Taylor

By The PMA Team

Timothy Taylor, the company that brews Madonna's favourite tipple, Landlord, has reported an increase in turnover but a drop in profit after being...

Scottish licensing: act now, licence later

By James Wilmore

A new Licensing Act takes full effect in Scotland this week, but according to industry chiefs the transition is looking "chaotic". As if pubs didn't...

Pubco refuses rent cuts

By John Harrington

The firm that manages Wellington Pub Company's free-of-tie estate says it doesn't expect to offer any rent reductions to licensees. Tenant says Wellington's view is that they are not like Punch and Enterprise.

Trade outrage over plastic pint glass plan

By James Wilmore

Government plans to produce a new type of plastic pint glass for pubs have provoked outrage from the trade. Licensees, trade and consumer groups...

Minimum pricing debate will hot up

By John Grogan

The onset of the August bank holiday weekend sadly reminds us that summer is almost over and the political conference season will soon be upon us....

Majority to see fall in business rates bill

By Claire Dodd Claire

Sixty per cent of businesses will see a fall in their business rate bills next year, according to the Department for Communities and Local Government...

Bulmers Pear ditches draught

By Robyn Lewis

Scottish & Newcastle has announced it is axing Bulmers Pear on draught after just under a year, preferring instead to concentrate on the bottled...

AB InBev sells Tennent's to C&C

By Ewan Turney

Anheuser-Busch InBev (ABInbev) has sold Tennent's lager and its associated trading assets to C&C Group for £180m.

FSB: pubs struggle due to tie

By John Harrington

One in eight tied pubs are struggling to survive because of the beer prices charged by their pubcos, according to a new Federation of Small Businesses (FSB) survey.

Amber Taverns sells on four former Cains pubs

By Claire Dodd Claire

Preston-based pub company Amber Taverns has sold for an undisclosed amount four of the pubs it bought from Cains in April. The pubs, which include...

'Binge-drinker Brits sober up'

By James Wilmore

Young people are cutting back on binge-drinking as the Government's health message gets across, new statistics show. The number of women between 18...

Diageo: earnings up in challenging year

By Ewan Turney

Drinks giant Diageo, whose brands include Guinness and Smirnoff vodka, has reported a 10% rise in annual earnings despite a challenging year. In Britain, net sales were up 2% driven by strong spirits and wine performance.