Tim Martin of JD Wetherspoon

Martin attacks rivals

22 Apr 2014

JD Wetherspoon chairman Tim Martin has given his most direct criticism yet of major pub companies, saying that pubco directors who have failed to support Jacques Borel’s VAT Club “deserve to be taken to task for their poor commercial judgement and appalling track records”

Top Stories

Harveys Brewery

Harveys profits rise after cost savings

21 Apr 2014 21:14

Harveys, the East Sussex brewer and pub operator, saw operating profits grow 13% to £295,405 in 2013 after it achieved savings in “various areas of expenditure”

Gusto

Gusto undertakes MBO from Living Ventures

17 Apr 2014 14:29

Restaurant and bar group Gusto has completed a management buyout from Living Ventures, the Tim Bacon-led premium operator, with funding from private equity group Palatine as it looks to add about 15 sites over the next four years, including a move into the London area, M&C Report has learnt

Hamish Stoddart of Peach Pub Company

Peach looks for new FD as it eyes expansion

23 Apr 2014 6:46

Peach Pub Company has announced that it’s searching for a new financial director as it looks to add two pubs and reach a turnover of £23m by the end of this year

Young managers run £1m+ turnover pubs

23 Apr 2014 6:41

Most pub managers under 30 are running businesses with a turnover of more than a million pounds, with fewer than three years training to gain the position, according to a survey by Pub & Bar Careers Perceptions

Confidence returns to restaurant property market

23 Apr 2014 6:40

Restaurants sold by Christie + Co in the early part of the 2014 are selling at more than of 90% of the asking price on average, reflecting growing confidence in the market, according to the property agent’s head of restaurants Simon Chaplin

Greene King Leisure Tracker

Leisure spend falls in event-less March

23 Apr 2014 6:40

British households spent 6% less on drinking out in March than in February, but slightly more on eating out, according to the latest Greene King Leisure Tracker

McDonalds logo

UK helps lift McDonald's in Q1

23 Apr 2014 6:39

Positive sales in the UK helped to lift McDonalds’ comparable sales in Europe by 1.4% in the first three months of 2014

Camerons new logo

Camerons converts managed pub to Head of Steam

21 Apr 2014 21:14

Camerons, the Hartlepool-based brewer and pub operator, is converting one of its existing managed pubs to The Head of Steam next month

Bernard Brindley

BII chairman Bernard Brindley dies

21 Apr 2014 19:19

Bernard Brindley, the pub industry stalwart and chairman of the BII (British Institute of Innkeeping), has died, aged 63

Inside track

Zolfo Cooper logo

Zolfo Cooper Profit Tracker - the results

14 Apr 2014

M&C Report, in partnership with Zolfo Cooper, the leading financial advisory firm, has created the Profit Tracker to chart the growth of the most successful privately-owned operators within the vibrant pub, restaurant and quick-service sector

 

Itsu

To invest or not to invest...

22 Apr 2014

Private equity has provided the finance for most growth concepts on the UK’s pubs and restaurants scene. So what makes a great private-equity investment? Electra Partners’ Bill Priestley gives his view

Thinking globally, acting locally

17 Apr 2014

More and more restaurant operators are adopting sustainable business practices. Kerstin Kuhn focuses on US fast-casual brand Sweetgreen

Harris + Hoole

Zolfo Cooper Profit Tracker - ones to watch

17 Apr 2014

M&C Report profiles four operators who missed out on this year’s Zolfo Cooper Profit Tracker list, which tracks companies with the fastest growing profits in the UK’s eating and drinking out sector, by falling outside the scope of the methodology. However, they are expected, with a fair wind, to make their bows next year

Belushi's

Q1 trading overview

14 Apr 2014

M&C Report talks to major pub, bar and restaurant groups about trading in the first quarter of 2014. The consensus is that Q1 was as good as or better than expected, and operators are largely optimistic about the year ahead

Tragus restaurant

Opening the door to opportunity

11 Apr 2014

As the UK economy continues to recover, Hill Campbell Partners’ Paul Campbell says this is the perfect time for restaurant entrepreneurs to make their mark

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