Earnings

UKH welcomes Gov ban on exclusivity clauses for lowest paid

UKHospitality has welcomed the news announced by the business minister Paul Scully that the Government is to widen its ban…

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Star to double its managed operator pubs in Scotland

Star Pubs and Bars has announced it is to double the size of its Scottish managed operator Just Add Talent…

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Profit warnings from travel & leisure companies fall to 7-year low

Profit warnings issued by FTSE travel and leisure companies fell to their lowest level in seven years in 2021 despite…

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Young’s reports strong H1 as revenues surge

Pub group Young’s has reported its total revenue for the 26 week period ending on 27 September was £149.6m, up…

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Electra confirms plans to demerge Fridays

Electra Private Equity has confirmed plans to demerge its Fridays and 63rd+1st brands under a new parent company, Hostmore. The…

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Unemployment falls to 4.7% as job vacancies hit record high

UK unemployment fell to 4.7% for the quarter to 30 June 2021, a drop of 0.2% when compared to the…

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Platinum abandons Marston’s takeover

Platinum Equity, a US-based private equity firm, has confirmed that it will no longer move forward with a proposed takeover…

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Marston’s ‘unanimously rejects’ Platinum takeover bid

Marston’s, the brewery, pub, and hotel operator, has rejected a takeover bid submitted by Platinum Equity, a US-based private equity…

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Pandemic costs D&D London £2.5m a month, owner warns

Des Gunewardena, the owner of restaurant group D&D London, has written to the government calling for greater support ahead of…

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Oakman Group aims to raise £4.5m in capital

Oakman Group, an independent pub group, has opened up its investment opportunities with an aim to raise £4.5m in capital.…

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