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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Feb- 2023 -21 February
Dundas Heritable brings four pubs to market
Scottish licensed pub operator, Dundas Heritable, has put four of its public houses up for sale for undisclosed amounts through Christie and Co’s Scottish Hospitality team. The four businesses for sale, which include The Scarecrow in Kilsyth, The Viking in Glasgow, The Willow in Greenock, and The Boarding House in…
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13 February
Pub insolvencies soar 83% in past year
Insolvencies among pub and bar companies have risen by 83% in the past year to a total of 512, according to accounting firm UHY Hacker Young. The firm has attributed the increase of insolvencies from 280 in 2021 to 512 in 2022 to the effects of the rail strikes paired…
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9 February
Bierschenke to open Covent Garden venue
German beer hall company Bierschenke has announced plans to open a new venue in Covent Garden London. Formerly the site of Belgro Central the Victorian Grade 2 Listed site is 12,000 sq. ft and includes vaulted brick ceilings and flagstone floors. The company is hoping to open the venue in…
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8 February
Young’s opens new wine bar in London
Pub group Young’s has announced the opening of a new wine bar in Swedeland Court in Bishopsgate London named The Bishop’s Vaults. Previously Boisdale of Bishopsgate, the space has been transformed into an intimate wine bar, offering a premium wine list, along with a selection of cheese and charcuterie plates,…
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3 February
Little Door and Co reports £1.3m December sales
House party-inspired late night bar and restaurant Little Door and Co has announced that it saw £1.3m of sales in December 2022, a record for the company. Overall revenue for the company was up 166% in December compared with the previous year. The company’s only Central London venue,The Little Scarlet…
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Jan- 2023 -26 January
Punch Pubs & Co joins Zero Carbon Forum
Punch Pubs and Co has become the latest operator to join the Zero Carbon Forum. The pub company has almost 1,300 community pubs throughout the UK, and said it has ESG principles “embedded at the heart” of its strategy. It added that sustainability forms a key part of its ‘Punch…
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25 January
Wetherspoon sales lag behind pre-Covid levels despite strong Xmas
Wetherspoon has said it is “cautiously optimistic” after half-year like-for-like sales rose by 13.1%, despite the fact they remained 0.7% lower than the same period pre-pandemic. The group was bolstered by strong festive trading, with like-for-like sales in the last 12 weeks 17.8% higher than the same period a year…
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24 January
Fuller’s issues profit warning as rail strikes wipe £4m from sales
Fuller’s has warned its full-year earnings may be lower than expected after its profitability was dented by rail strikes in recent months. Since the start of October, the group estimates that strike action wiped £4m from its sales, adding that the consequent impact on profitability means earnings may be below…
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18 January
Hospitality welcomes best December in three years
Managed pub, bar and restaurant groups welcomed their best December trading in three years, though real term sales still lagged behind pre-pandemic figures, the latest Coffer CGA Business Tracker has found. Like-for-like December sales were 15.0% ahead of December 2021, when festive trading was disrupted by the Omicron variant. However,…
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18 January
Revolution Bars issues profit warning amid temporary closure plans
Bar group Revolution has announced that it will close some sites on Mondays and Tuesdays in January and early February in an attempt to save on energy bills. The announcement came in a trading update delivered to investors in which it reduced its EBITDA guidance for the full year and…
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