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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Nov- 2021 -24 November
BBPA welcomes proposed changes to Pubs Code
The British Beer and Pub Association (BBPA) has welcomed the Government’s proposed changes to the Pubs Code. In particular, it praised the Government’s decision to streamline the Market Rent Only (MRO) process, which both tenants and pub-owning companies called for. It also reiterated the “strength” of the leased and tenanted…
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22 November
Nightcap acquires Barrio Familia for £4.9m
Nightcap has announced that it has acquired the entire issued share capital of Barrio Familia for total consideration of £4.9m. Through the acquisition, Nightcap has become the operator of an additional five bars, which comprises four Latin American-inspired, Tequila-led, cocktail bars in London. The consideration paid to the vendors featured…
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18 November
Fuller, Smith and Turner returns to profitability in H1
Fuller, Smith and Turner pub group has revealed that it has returned to profitability for the 26 week period ending 25 September 2021. Pre-tax profits rose to £10.6m from a previous year’s loss of £23m and was boosted by steady growth in Central London pubs. Revenue and other income also…
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17 November
Revolutions Bars Group to trial ‘competitive socialising’ concept
Revolution Group has announced the launch of a new competitive socialising concept to be trialled in November 2021. The brand has already launched Founders and Co earlier this year, which opened in the former Revolution site in Swansea. It revealed the brand is a “competitive socialising concept” with a “nostalgic…
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17 November
Farr Brew takes on third Star Pubs & Bars lease
Hertfordshire based brewer and multiple pub operator, Farr Brew, has taken on a substantive lease for The Eight Bells in Old Hatfield and is undertaking a joint £230,000 refurbishment with Star Pubs and Bars. The Eight Bells is the company’s third Star Pubs and Bars lease, with another pub on…
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16 November
Revolution Bars Group FY21 losses narrow to £26.3m
Revolution Bars Group has revealed its pre-tax losses have narrowed to £26.3m from £31.7m for the full-year ending 3 July 2021. Total Sales were 64.2% lower at £39.4m than £110.1m in 2020 as a result of the various Covid-19 lockdowns and restrictions throughout the entirety of FY21, compared to just…
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15 November
Sales down 4.5% for managed pubs, bars and restaurants, CGA reveals
The rolling 12-month sales to the end of October 2021 were down by 4.5% on the previous year as businesses “continue to feel the effects of Covid and lockdowns”, the CGA has revealed. The tracker, produced by CGA in partnership with TheCoffer Group and RSM, revealed that October was a…
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15 November
Nightcap sees FY21 losses widen to £5.3m
Nightcap has revealed that its pre-tax losses for the full-year ending 27 June 2021 have widened to £5.3m from £616,301 the previous year. Despite the losses, revenue grew to £5.9m from £5.2m and was boosted by the acquisitions of The London Cocktail Club Limited and its subsidiaries. In addition to…
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12 November
The Chelsea Pig reopens after renovation
The Chelsea Pig, one of Chelsea’s “most historic and best loved pubs”, is now open to the public after a reinvention by globally renowned designer Timothy Oulton. The pub said it has reopened with a new atmosphere and energy that will “elevate the style and charm of the popular landmark”.…
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11 November
Rainhill pub reopens after £800,000 refurb
The Cookhouse Pub and Carvery, based in Rainhill, has reopened following a five-month closure and a £800,000 refurbishment by Heineken-owned Star Pubs and Bars and Merseyside-based Public Urban Bars. The refurbishment of The Cookhouse Pub and Carvery, formerly named The Victoria, is part of a £38m investment that Star Pubs…
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