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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Dec- 2022 -2 December
Lane7 founder sells second Sedgefield pub to Trust Inns
Tim Wilks, the founder of Lane7, has completed the sale of his second Sedgefield pub, The Corner House, to the Lancashire-based pub company Trust Inns for an undisclosed amount. The sale follows Wilks’ decision to focus on his growing bowling alley chain, Lane7. It is reported that The Corner House,…
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1 December
Hospitality associations call for ‘urgent resolution’ amid rail strikes
Hospitality bodies have written an open letter to the negotiating parties in the rail dispute stressing the “urgent need for a resolution” ahead of the festive period. The British Beer and Pub Association, British Institute of Innkeeping, Night Time Industries Association, Mayor of the West Midlands Andy Street and the…
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Nov- 2022 -30 November
Barkby Group looks to dispose of pub estate
Barkby Group is reportedly looking to dispose of all of its non-core businesses, which includes the Barkby Pub Company, as it looks to focus on roadside property development and investment. The news that Barkby Pub Co. Ltd will not form part of the group moving forward comes as revenue is…
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28 November
Chateau Denmark to open new bar and club
Chateau Denmark has announced plans for a new bar, Thirteen, along with a new basement club dial8. Located at No. 1-3 Denmark Street in Soho, Thirteen and dial8 will mark the newest addition to Chateau Denmark. They are set to open in February 2023 and will be operated by CAW…
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25 November
New London bar Florattica set to open
A new rooftop bar in East London bar, Florattica, is set to open with views stretching across iconic London landmarks from St Pauls, to Canary Wharf and the Thames. The cocktail menu is designed and created by head mixologist, Serena Carrino, previously of Nightjar, and has been developed with premium…
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17 November
Fuller’s revenues hit £169 in H1
Fuller’s has seen revenues increase to £168.9m in its half-year results, up from £116.3m the prior year, as trade recovered from the impact of Covid restrictions. Over the period, like-for-like sales rose by 20% compared to the prior year, with Central London sales growing by 67%. Adjusted profit before tax…
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16 November
Wetherspoon to open new pub at The O2
Wetherspoon is set to open a new pub in February 2023 at The O2, investing almost £3m in the site, with building works beginning this week. The pub will be located within The O2’s Entertainment District, adjacent to Mamma Mia! The Party. It will be named The Stargazer in homage…
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11 November
Hospitality sales rise by 4% in British cities
Pubs, bars, and restaurants have reported positive sales in Britain’s major cities, despite high inflation making real-terms growth “very difficult”, according to CGA. Its latest ‘Top Cities’ report found that combined sales in Britain’s 10 most populous cities in the four weeks to 22 October 2022 were 4% higher than…
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10 November
Youngs revenues rise 25% as ‘normal’ trading returns
Young’s has seen revenues rise by 24.7% to £186.5m in the half-year ended 26 September, as the group welcomed a return to a “normal pub environment”. Over the period, profit-before-tax was up by 14.7% to £25m, while adjusted EBITDA rose by 5.4% to £45m. Managed house EBITDA was £55.5m, up…
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10 November
Nightcap to slow expansion plans despite revenue surge
Nightcap has announced that it plans to slow down its expansion plans of new site openings during the current financial year as trading in the first 13 weeks to 2 October 2022 has been “adversely” impacted by record warm weather, train strikes and the cost of living crisis, combined with…
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