2 AA Rosette The Purefoy Arms to Close
Award-winning Hampshire pub The Purefoy Arms will is to close under its current owner, following the sale of the freehold. The pub under head chef/landlord…
Read more...
Red Oak Taverns Acquires Four Pubs from Marston’s
Pub company Red Oak Taverns has further expanded its portfolio with the acquisition of four new pubs from the Marstons Pub Company. The pubs are…
Read more...
Revolution to Close Eight Sites Despite Strong Festive Trading
Revolution Bars Group is to close eight sites across England as it warned that its younger customers are still feeling a “disproportionate” strain from rapid…
Read more...
Purity Brewing and Purecraft Bar Acquired by Breal Capital
The joint administrators to Purity Brewing Company Ltd and Pure Craft Bars Ltd (“Purity, Purecraft, the Companies”) have announced the sale of the businesses to…
Read more...
Stonegate Completes £638m Refinancing Deal
The UK’s largest pub company, Stonegate has confirmed a £638m refinancing deal according to reports. It is believed that Apollo Global Management is the lender…
Read more...
Card Spending Grew just 4.1% in 2023 with Pubs & Bars Enjoy Strong Sales
Consumer card spending increased just 4.1 per cent year-on-year in 2023 – noticeably lower than the growth seen in 2022 (10.6 per cent) – as…
Read more...
Wetherspoons CEO Tim Martin to be Knighted in New Year Honours
Wetherspoon CEO Brexit campaigner Tim Martin is to be knighted in the New Year Honours according to reports. The JD Wetherspoon founder has been nominated…
Read more...
Government Rows Back on Plans to Increase Family Visa Salary Threshold
The government has scaled back plans to increase the salary required to bring foreign family members to the UK. Home Secretary James Cleverly told the…
Read more...
Greene King Supports Brand New Macmillan Initiative
Greene King is strengthening its resolve to help even more people living with cancer as it announces it will be supporting a new Macmillan initiative…
Read more...
Insurer Data Reveals Hospitality Payment Failures Up By 43% YOY
The UK’s second-largest trade credit insurer, Atradius, has revealed the number of claims they received in the hospitality sector increased year-on-year by 43% in Q3…
Read more...
Best Practice Property Disposal
By Paul Johnson, Head of Corporate Sales at Leaders Romans Group (LRG) (www.lrg.co.uk) Hospitality was the sector most affected by the pandemic and many businesses…
Read more...
Rates Relief Extended But Bills Still Set To Rise
The Welsh Government has announced that business rates relief will be extended at a lower level of 40% and that rates will rise by 5%…
Read more...
Six Company Announce Further Investment Into Glasgow Restaurant Scene With Three New Openings For 2024
– CGI Image of Six by Nico Merchant City – Six Company, the Glasgow-based company behind the Six by Nico restaurants, has announced ambitious development…
Read more...
Government Publishes Draft Statutory Code of Practice for Tipping
The Secretary of State for the Department for Business and Trade (DBT) is publishing this Code to promote fairness and transparency in the distribution of…
Read more...
Government Sets Out “Workers’ Rights Package”
Millions are set to benefit as the government sets out the next stages for a number of new Workers’ Rights Acts – giving more money…
Read more...