Brakspear

Today’s news in brief – 07/04/25

Hospitality venues will be released from red tape which stifles business as the government “backs the British night out”, after revealing its new Plan for Change initiative. Action includes moves to improve the application of licensing laws and strengthen businesses’ competitiveness, giving diners, pub and party-goers more time and more…

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Brakspear adds Moreton-in-Marsh pub to Honeycomb Houses division

Pub operator Brakspear has announced that it is adding to its Honeycomb Houses managed division with the purchase of The Redesdale Arms in Moreton-in-Marsh in the Cotswolds. The acquisition bolsters Honeycomb Houses’ presence in the Cotswolds and takes the total estate up to 11 sites. The Redesdale Arms is a…

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Henley Pub Co to launch The Duke

Henley Pub Co has acquired The Duke pub and restaurant on Duke Street through Brakspear in Henley on Thames. The 2600 sq ft pub and restaurant is undergoing an extensive refurbishment to create 65 covers, an enhanced bar area, dining room and a small courtyard. The menu will showcase small…

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Today’s news in brief – 27/08/24

Hydes has reported a “record” turnover of £39.3m for the year ended 31 March, when its overall pre-tax profits also rose from £2.3m to £2.6m. The family-owned business has attributed its performance to investing in refurbishments, the opening of a landmark site on the Wirral, and the growth of contract…

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Brakspear’s FY turnover jumps 9% to £38.6m

JT Davies and Sons Holdings Limited, the parent company of Brakspear, has reported a 9% increase in turnover to £38.6m for the year ending 31 December 2023 against 2022, with an expected reduction in profitability.  Underlying EBITDA was reported as £10.9m, slightly lower than the £11.2m reported for 2022 when…

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Today’s news in brief – 26/02/24

Red Engine, owner of Flight Club and Electric Shuffle, has posted sales of £67m for 2023, up 26% year-on-year. It also revealed that Red Engine venues and partner venues sales when combined exceeded £100m for 2023, up 28% YOY, with like-for-like sales increasing by 10%. Danieli Holdings posted losses of…

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Brakspear appoints new marketing manager

Pub operator Brakspear has appointed Chris Keating as marketing manager for its leased and tenanted pubs.  Keating joins with a wealth of pub sector experience gained during his 17 years working for Witney brewer Refresh and, following its acquisition, for Marston’s, where he was director of marketing for its beer…

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Today’s news in brief – 29/01/24

Buzzworks reported a 19% increase in revenues to £29.9m for the year ending 30 April 2023. The group’s like-for-like sales were also up 5.3% for the five weeks to 31 December 2023, which came on top of “strong growth” last year. As part of its growth strategy, Buzzworks continued to…

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Brakspear acquires two sites from New Dawn Pubs

Pub operator Brakspear is expanding its leased and tenanted estate into Hampshire with the purchase of two pubs in the county from New Dawn Pubs.  The Rose and Crown near Alton and The Royal Exchange near Bordon will join Brakspear’s 110-strong L&T estate. Both pubs benefit from “idyllic” village locations,…

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Today’s news in brief – 04/12/23

The week ending 25 November saw a 5% decline in drinks sales year-on-year, compared to last year’s World Cup period. Monday and Friday showed stark drops due to England’s matches in the tournament. However, the other five days saw positive growth, with Saturday leading at a 13% increase. Beer and…

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