The Inspiration for Pub Success Since 1794
Admiral Taverns, the tenanted pub operator, has reported a 3.8% increase in underlying EBITDA to £21.5m for the year to 31 May 2014, which it described as a “significant and successful period of development for the company and its licensees”.
Breaking the beer tie means less investment, more pub closures and a vicious cycle of decline, not a virtuous circle of growth, argues David Forde, UK managing director of Heineken.
Mitchells & Butlers (M&B) has this morning reported a 0.6% increase in like-for-like sales for the 52 weeks to 27 September 2014, while total revenue climbed 4% to £1.97bn.
There is no scope for a legal challenge against the market rent only clause in the pubs code, a leading competition lawyer has claimed.
Enterprise Inns’ regional manager for Tom Kerridge’s new pub says he hopes the Coach’s format will inspire others in the trade and newcomers into the industry.
Community Pubs Minister Kris Hopkins has backed the Publican's Morning Advertiser’s Make Some Noise campaign and pledged to issue guidance for local authorities to help pubs in the plight they face.
Tenant groups have expressed their delight at last week’s vote by MPs to include a market rent-only (MRO) clause in the statutory pubs code, claiming its introduction will be transformational for tied tenants.
Fuller’s has reported a 6.5% increase in like-for-like sales across its managed pubs and hotels division, helped by a rise in like-for-like food sales of 7.7% for the 26 weeks to 27 September 2014.
Cheesemonger turned brewer Evin O’Riordan is the founder of The Kernel Brewery which is nestled under a railway arch in Bermondsey.