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- 2020 -11 November
Wadworth offloads 21 pubs to Liberation Group
Wadworth has confirmed it has exchanged contracts for the sale of 21 pubs to Liberation Group for an undisclosed sum. The 21 pubs are predominantly situated in the south west of England in locations near Bristol, Gloucester and Bath. The brewery which was founded in 1875 and operates 150 pubs…
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11 November
JD Wetherspoon reports 27.6% sale decrease
JD Wetherspoon chairman, Tim Martin has labelled the government’s latest hospitality restrictions “baffling and confusing”, as the company reports a like-for-like sales decrease of 27.6%. For the 15 weeks to 8 November 2020 the pub chain reported that sales in October were “significantly lower” than previous months, following the imposition…
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10 November
The City Pub Group appoints new COO
The City Pub Group has announced the appointment of Toby Smith as COO of the company, a newly created role which will begin with immediate effect. Smith brings with him 25 years of experience in UK hospitality, having previously held CEO roles at Stonegate Pub Company, Novus Leisure and Town…
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3 November
JD Wetherspoon to sell 99p pints ahead of lockdown
JD Wetherspoon has announced it will sell pints of its ale for 99p in a bid to clear stock before England enters into a second national lockdown on Thursday 5 November. According to the Guardian, this is the pub chain’s second time introducing price cuts on its products, following on…
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2 November
Brighton Pier Group revenue falls 29.4%
The Brighton Pier Group has reported a 29.4% decrease in revenue in its final financial results for this year to £22.6m. The group, which owns and operates Brighton Place Pier and 12 bars nationwide, said the prolonged closures due to lockdown resulted in “impairments to goodwill, property, plant and equipment…
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Oct- 2020 -29 October
The Thompson’s Bell pub reopens amid £275K revamp
The Thompson’s Bell pub in Walmer has reopened its doors to the public following a £275K refurbishment by Star Pubs and Bars The pub which has been shut since 23 February, was originally due to open in early April following a funding package by Star Pubs and Bars and new…
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28 October
Scotland to ease pub rules
As of Monday (2 November), pubs and restaurants in many Scottish areas will be able to serve alcohol to customers again. Premises in level two of the country’s new five-tier system will be allowed to serve alcohol with a meal until 8pm, the announcement was made yesterday by Nicola Sturgeon,…
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27 October
Revolution Bars to close six sites as part of CVA
Revolution Bars has confirmed it will launch a CVA proposal in order to reduce the size of its estate as the group continues to struggle with government trading restrictions. The company revealed plans to close some of its 76 venues across the UK after the 10pm curfew law saw sales…
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20 October
Star Pubs and Bars moves to three-tier rent approach
Star Pubs and Bars has announced it is increasing rent concessions for its leased and tenanted pubs in England with a new structure of discounts aligned to the government’s tier system of Covid restrictions. As part of the latest package of support for Star pubs in England, Tier 3 (very…
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16 October
JD Wetherspoon reports first loss since 1984
JD Wetherspoon has reported a £105.4m pre-tax loss in the year to 26 July as sales fell due to Covid-19 restrictions, the company’s first loss since 1984. The pub chain said revenues plunged by 30.6% to £1.26bn as its pubs were adversely impacted by lockdown. The pre-tax loss includes £60m…
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