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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Jul- 2021 -12 July
Young’s sells majority of Ram estate for £53m
Pub group Young’s has agreed to sell 56 of the 63 pubs in its Ram Pub Company estate to Punch Pubs and Co for £53m. The group said it will retain the remaining seven pubs for the long term, after the board decided that the best way to “increase value”…
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8 July
Fuller, Smith and Turner swings to £59.2m loss
Fuller, Smith and Turner has swung to a pre-tax loss of £59.2m for its FY21 results ending 27 March 2021, down from a profit of £166.2m the prior year. The loss was attributed to the fact that 71% of the group’s estate was closed during the year due to Covid…
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7 July
JD Wetherspoon warns of FY21 loss
JD Wetherspoon has announced that it expects to “make a loss” for the year ended 25 July 2021. In a pre-close trading update,the group revealed that two-year like-for-like sales from 17 May to 4 July were down 14.5%. It also saw bar and food sales decline 49%, when compared to…
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6 July
Marston’s secures new CFO
Marston’s has announced the appointment of Hayleigh Lupino as the newest CFO for the group, with effect from 3 October 2021. She will also be appointed to the board as of the same date. She will succeed Andrew Andrea who, in turn will take over the role of CEO from…
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5 July
Arden opens second London site with support from Star Pubs
Restaurant, bar and hospitality operator, Christian Arden has taken on his first pub with Star Pubs and Bars, The Tree House in Barnes, London. The pub will reopen as The Crossing in August following a joint £450k refurbishment with Star Pubs and Bars. It is Arden’s second south London pub,…
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5 July
Greene King partners with Landmarks Specialist College
Greene King has announced a new partnership with Landmarks Specialist College to provide 16-24 year olds with learning difficulties and disabilities the opportunity to develop employment and life skills as they enter the hospitality industry. The first programme, which began in South Yorkshire and Nottinghamshire, will give nine learners work…
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1 July
Revolution Bars Group FY21 performance to be ‘ahead’ of expectations
Revolution Bars Group said it expects FY21 performance for the year ended 3 July 2021, to be “ahead” of previous management expectations with an EBITDA loss pre adjustments of £12.5m. The news follows a “significant improvement” to the group’s net bank debt of £5m following the period of trading and…
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Jun- 2021 -28 June
City Pub Group trading hits 90% of pre-pandemic level
City Pub Group has revealed that trading since the reopening of its sites on 12 April 2021 has risen to 90% of 2019 levels, as the group has seen “encouraging” business post-lockdown. The owner and operator of 48 pubs across Southern England and Wales said it was already benefiting from…
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25 June
Star Pubs and Bar support £750k refurb of ‘original’ Peaky Blinders pub
The Rainbow pub in Digbeth, which was known for its association with the original Peaky Blinders in the 1890s, is set undergo a £750k investment supported by Star Pubs and Bar. The refurb will see the venue, which has been closed for four years, transformed into a live entertainment driven…
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18 June
The Artful Duke to open this August
Livelyhood, an independent pub group, will open its newest venue, The Artful Duke, this August in Bromley, creating approximately 30 new jobs. The 3,000 square-foot, 150-cover space will have an array of reclaimed quirky old and new fixtures and fittings, with the front of the pub used as a social…
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