Pubs and Bars
The latest news and updates on pubs and bars, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Apr- 2018 -16 April
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017 Business Rates Revaluation, according to Colliers International, the global commercial real estate agency and consultancy. Ten of those have happened since the beginning of this year – in the last…
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16 April
JD Wetherspoon shuts down social media accounts amidst trolling and racism
JD Wetherspoon has announced that it will be closing all of its social media accounts with immediate effect. In a post on Twitter, the pub company said: “In a world of social media, JD Wetherspoon has decided to close down all Facebook, Twitter, Instagram and other social media accounts for…
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13 April
Banton pub receives £740k lottery fund for renovation
The Swan Inn pub in Banton has been awarded a £740,000 cash sum from the National Lottery to turn it into a community hub. The pub is among 24 groups who will share the £5.7m pot of lottery funding, and has been granted by the Big Lottery Fund to ‘bring…
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12 April
The City Pub Group reports “pivotal year in the evolution of the business”
The City Pub Group has announced the revenue is up by 35% to £37.4m in what it calls a “pivotal year.” Audited results for the 53 weeks ending at 31 December 2017 showed that like-for-like sales growth was up by 3.8%, driving by growth in drink and accommodation. The Group…
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12 April
‘Beast from the East’ hits Greene King sales
Greene King Pubs were hit by a fall in like-for-like (LFL) sales for the 49 weeks to 8 April. The pub company LFL sales were -1.8%, with the weather over the last 12 weeks impacting trading. The company reported that destination food-led pubs and on an underlying basis, excluding the…
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