Small brewers barred from Gov’s plan to help pubs
The Chancellor’s plan to help pubs through a new way of taxing alcohol will exclude small brewers and cider producers, new research from the Campaign for Real Ale (CAMRA) has revealed.
Archives for January 31, 2022
Bar + Block brand to reach 20 UK sites with double launch in London
Pub-restaurants and hotel operator Whitbread will take its Bar + Block steakhouse concept to 20 sites UK-wide including six in London, with the opening of two new branches in the capital.
Drinks sales down 11% in the week to Saturday 22 January
Drinks sales in Britain’s managed pubs, bars and restaurants were down 11% in the week to Saturday 22 January when compared with the same week in 2019, according to the latest CGA Drinks Recovery Tracker.
Number of pubs in financial distress increases by 23%
More than 6,000 pubs and bars were in significant financial distress in December 2021, research by Real Business Rescue has revealed.
Hickory’s like-for-like sales up 25% since December
The group behind Hickory’s Smokehouse has continued to outperform pre-Covid levels of trade in 2022 with like-for-like sales up 40% from May 2021, and 25% since December 2021.
St Austell invests £2m in 14th century pub
Brewer and pub operator St Austell Brewery is ploughing £2m into the refurbishment of the 14th century Masons Arms pub in Branscombe, Devon.
Renewed fears CO2 crisis could fuel supply shortages
UK food and drink trade bodies remain concerned about supply shortages after a deal that ensured carbon dioxide (CO2) supplies nears its end.
Calorie labelling rules to come into force at ‘very challenging time’
UKHospitality (UKH) has called for a delay in the implementation of new regulations regarding labelling calories, due to come into force in April 2022.
Diageo to pump £73m into new Guinness microbrewery
Drinks firm Diageo has announced plans to invest more than £70m into a new microbrewery and culture hub in Covent Garden, central London.
Arc Inspirations targets Midlands with £14m refinancing package
Multiple operator Arc Inspirations has secured a £14m refinancing package, which includes a separate £5m facility to help the group expand its site numbers.