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.
-
Oct- 2024 -8 October
Admiral Taverns unveils Travellers Rest refurb
Admiral Taverns has reopened The Travellers Rest in Stoke-on-Trent following a £196,000 refurbishment. Inside, the pub has received a full refurbishment including updates to both the bar and lounge area complete with a new dartboard and four televisions. Outside, the pub hosts a garden complete with a brand new, 65-inch…
Read More » -
8 October
Epiris acquires Amber Taverns
Epiris has announced that Epiris Fund III has agreed to acquire pub operator Amber Taverns for an undisclosed sum. The acquisition is Epiris Fund III’s fifth investment, following Delinian, LoneStar, Pure Cremation and GSF Car Parts. Amber Taverns operates 178 freehold, wet-led pubs, predominantly in the North of England, the…
Read More » -
7 October
Montgomery Group to open pub with rooms in Oxfordshire
The Montgomery Group has announced that it is set to launch The Bat and Ball, a pub with rooms, in Cuddesdon, Oxfordshire, in November. This will be the second opening from owner Ben Moss, who successfully took over 15th-Century pub The Lamb Inn in 2022 It also marks the beginning…
Read More » -
7 October
Punch Pubs adds three new pubs to portfolio
Punch Pubs and Co has added The Bull in Bedford, the Grey Horses Inn in Carlton-in-Lindrick and The Salmon Leap in Totton to its portfolio. The Bull, which is close to Bedford’s town centre, will sit within Punch’s leased and tenanted estate with publicans Dean and Sarah Harris at the…
Read More » -
7 October
Stonegate launches Social Pub and Kitchen brand to consumers
Stonegate Group has introduced its new Social Pub and Kitchen brand to consumers, following the refurbishment and rebrand of pubs across England and Scotland. With more than £5m invested into refurbishing its pubs in FY24 and with more to come in FY25, this investment project aims to enhance its managed…
Read More » -
4 October
Inception Group revenues jump 16.7% in FY23
Inception Group’s turnover hit £26.5m in 2023, a 16.7% increase from £22.7m in 2022, as the 2023 financial year ended. The hospitality group, which owns venues including Bunga Bunga, Cahoots, and Mr Fogg’s, now forecasts a “record-breaking” year with projected revenues of £29m in 2024. However, group EBITDA during the…
Read More » -
4 October
Wetherspoon PBT jumps 73% to £73.9m
Wetherspoon has revealed that it has posted a profit-before-tax of £73.9m for the year ended 28 July 2024, up from £42.6m in the previous year. Alongside this, the company saw its revenues top £2bn in the period, up from £1.9bn in the same period last year. Furthermore, the company’s like-for-like…
Read More » -
2 October
Shepherd Neame FY revenues rise 3.6% to ‘record’ £172.3m
Shepherd Neame has revealed that revenues rose by 3.6% to a “record” £172.3m for the year ended 29 June, following strong performances in London and its tenanted pubs division. It comes as divisional revenues in tenanted pubs grew by 5.1% to £35.6m during the year, with divisional underlying operating profits…
Read More » -
1 October
Admiral Taverns unveils The Goodrest Tavern refurb
Admiral Taverns has unveiled its £178,000 refurbishment of The Goodrest Tavern in Worcester. As part of the investment, the pub has revamped its games offering by updating the dartboards, pool tables and skittle alley for customers to enjoy. In addition the outside of the pub now features a spacious beer…
Read More » -
1 October
Punch Pubs and Co acquires The Straw Bear, Peterborough
Punch Pubs and Co has announced the acquisition of The Straw Bear pub in the Peterborough suburb of Whittlesey for an undisclosed sum. The traditional wet-led pub dates back to the mid-20th Century, located in the market town of Whittlesey just six miles east of Peterborough. It will sit within…
Read More »