Archives for October 19, 2022

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Craft Union donates £37,000 to local projects

Craft Union donates £37,000 to local projects

By Rebecca Weller

Craft Union Pub Company, part of Stonegate’s managed pubs division, has donated more than £37,000 to local projects as part of its ‘Love your Local’ campaign.

Pubs opting to host 'blackout' nights

Pubs opting to host 'blackout' nights

By Rebecca Weller

A number of pubs across the country have started hosting ‘blackout’ nights in response to the energy crisis and consumer demands for “quirky” experiences when visiting the on-trade.

Inflation leaving sector on 'cliff edge'

Inflation leaving sector on 'cliff edge'

By Rebecca Weller

Soaring food inflation has left many hospitality businesses facing a “cliffs-edge” as food costs push inflation up 10.1% in the 12 months to September 2022.

£25bn business rates hike warning

£25bn business rates hike warning

By Nikkie Thatcher

Pubs are facing a £25bn rise in business rates over the next five years after today’s double digit headline rate of inflation was announced, according to experts.

Revolution turns £26m profit loss into £2m gain

Revolution turns £26m profit loss into £2m gain

By Gary Lloyd

Revolution Bars Group has return to profitability having turned a £26.3m loss before tax in 2021 into a positive £2.1m gain, according to its preliminary results for the 52 weeks ended 2 July 2022.

Like-for-like sales slump by 3%

Like-for-like sales slump by 3%

By Amelie Maurice-Jones

Like-for-like sales of Britain’s top managed pub, bar and restaurant groups were 3.0% behind the levels of September 2021, the latest edition of the Coffer CGA Business Tracker has revealed.

Talking to the industry

opinion

Talking to the industry

By Fiona Dickie, pubs code adjudicator

In my role as pubs code adjudicator (PCA), I meet with a whole range of people across the industry to promote the pubs code and deliver my message of compliance, whether that is talking with tied tenants, with the regulated pub companies, or with others...

Peach Pubs sold to Revolution

Peach Pubs sold to Revolution

By Nikkie Thatcher

Revolution Bars Group has acquired The Peach Pub Company for a consideration of £16.5m in a bid to accelerate and diversify Revolution’s growth strategy.