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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Oct- 2022 -5 October
Urban Pub and Bars acquires three London venues
Urban Pub and Bars has furthered its growth plans through the acquisition of three new venues in “iconic” London locations, bringing the total sites in its portfolio to 40. The three new acquisitions, the Queens Head, formerly the Goose Island site in Shoreditch, Monarchy in Camden town and The Horseshoe…
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Sep- 2022 -30 September
Downing acquires Pub People Group
Investment manager Downing has acquired The Pub People Group (Pub People) and merged it with its existing investment in Autumn Pubs Limited (Autumn), which has been managed under contract by Pub People since 2012. Funds managed by Downing will be the majority shareholder in the combined business (the group), and…
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29 September
Roseacre Inns expands portfolio with £650,000 investment with Star
Roseacre Inns has announced it is expanding its Midlands-based estate to eight pubs by taking its fifth lease with Star Pubs and Bars at The Axe and Square in Countesthorpe. Following a two-and-a-half-year closure, the pub will receive a £650,000 joint investment to upgrade it into a “traditional pub serving…
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28 September
Arc Inspirations to launch five new sites amid ‘record’ results
Arc Inspirations has revealed plans to open five sites in the next six months, creating 500 new jobs, following “record” financial results for the 12 months ending 31 March 2022 as group sales hit £38.9m and profits were £7.5m. The group said it has seen “exceptionally strong” recovery from Covid-19…
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26 September
Brighton Pier Group hits ‘record’ revenues of £40m in FY22
The Brighton Pier Group, owners of Brighton Pier Palace and nine bars across the UK, has reported record revenues of £40.1m, compared with £13.5m in 2021, up 25% on the same pre-Covid period in 2019. In the year to 26 June, 2022, the group reported EBITDA of £10.8m for the…
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26 September
Scratch Consultancy expands lease with Star Pubs and Bars
Business consultancy company, Scratch Consultancy, has taken the lease on its second site with Star Pub and Bars, The Compasses in Chelmsford, with aspirations to build an estate of five pubs across Essex and North Kent with the pub and bar operator. The two companies will undertake a joint £250k…
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21 September
City Pub Group trading hits pre-Covid levels in H1
City Pub Group has announced that trading volumes have returned to pre-pandemic levels in the first half of the year and remain stable despite a “very challenging” environment. In the six months to 26 June, 2022, trading was on an upward trajectory, with revenues of £26.1m, up from £8.9m the…
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20 September
Number of hospitality company insolvencies up 59% in a year
The number of hospitality company insolvencies has risen by 59% over the past year amid spiralling cost pressures, according to figures from the Insolvency Service. The data found that 2,156 pubs, bars and restaurants went insolvent in the 12 months until the end of July, compared to 1,354 the year…
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16 September
Stonegate Group launches new L&D programme
Pub company, the Stonegate Group, has launched a new development programme across its management team named ‘Future Leaders’, which aims to “inspire a new generation of leaders” from within its organisation. It is reported that the programme will see the group’s delegates, from across the company, work their way through…
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15 September
New Britannia in Preston unveils £138k refurb
The historic local pub, the New Britannia in Preston, has unveiled its new look after an investment of £138k was made to restore the property. It is reported that a complete overhaul of the pub’s appearance has been made, while also maintaining the New Britannia’s 180-year-old charm for guests to…
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