Stonegate Group warns on future as it battles £2.2bn debt pile hospitality Britain's biggest pub operator Stonegate has raised concerns about its future as it battles a £2.2 debt pile.
Slug & Lettuce owner: Price of a pint will rise during peak hours retail The pub group that owns Slug & Lettuce has said it will increase the price of its drinks by 20p during its busiest trading hours due to rising costs. Stonegate Group, which also owns the Yates pub chain, said it would raise prices across 800 of its 4,800 sites to offset increasing costs including extra [...]
‘Last call’ — Stonegate pubs founder to step down Hospitality Payne, a 50-year stalwart of the on-trade sector, started out his career working through the ranks at the likes of Guinness and Bass taverns in the 1970.
Allianz loses appeal in Covid-19 business interruption case January 16, 2024 Allianz has lost an appeal in a major Covid-19 business interruption claim in a decision that looks set to close a chapter of major court battles linked to such disputes.
Spending on restaurants and takeaways drops as Brits tighten belts ahead of Christmas October 10, 2023 September spelled further pain for restaurants and takeaways, with sales dropping as Brits cut back on eating out before the Christmas period.
Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe January 24, 2023 Peckwater Brands has acquired its chief competitor eatclever, making it the largest provider of virtual food outlets in Europe. The acquisition has seen Peckwater scooping brands like taste&soul, KoChi and Chicos from its health food-focused competitor, expanding its reach into Germany, Austria and Switzerland in the process. The terms and price of the deal are [...]
Nine pub chiefs plead with Mick Lynch to call off strikes and avert ‘devastating’ impact November 25, 2022 The chief executives of nine major pub and bar chains have written to rail union boss Mick Lynch pleading with him to call off strikes and to not unleash a “devastating” impact hospitality. The heads of Fuller’s, Young’s, Drake & Morgan and the City Pub Company were among those appealing to the RMT leader today. [...]
Delivery kitchen operator Peckwater Brands raises £15m in funding round led by pub giant Stonegate June 13, 2022 Delivery kitchen operator Peckwater Brands has clinched £15m in a Series A funding round, which was led by the country’s largest pub company. The funding round was led by Stonegate Group, with the pub chain taking a minority stake in the firm, for an undisclosed sum. Peckwater Brands helps restaurant chains build virtual brands that [...]
UK’s biggest pub chain Stonegate to promote Spanish football after agreeing deal with LaLiga to show its matches in 100 pubs August 18, 2021 The UK’s biggest pub group, Stonegate, has struck a deal with Spanish football league LaLiga to show and promote its matches. Stonegate will showcase the LaLigaTV channel, which broadcasts all live games and recently announced Gary Lineker as a presenter, in almost 100 key pubs including its London-based Sports Bar and Grill chain. The move [...]
Over 400 Stonegate pubs in London risk closure, GMB claims April 19, 2024 Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.