The Notebook: Victoria Scholar on the economy, Ryanair, and Spoons September 5, 2023 Do you want the good news or the bad news first? I’ll start with the good.
Wetherspoon boss Tim Martin slashes prices in tax battle with supermarkets September 4, 2023 Tim Martin has warned that the biggest threat to the hospitality industry is the “vast disparity” in tax treatment
Investors urge UK firms to increase efforts on tackling slavery in supply chains August 29, 2023 Investors are calling on UK-listed companies to increase efforts to tackle modern slavery, human trafficking and forced labour in their supply chains.
Holidaymakers rejoice as JD Wetherspoon opens SECOND pub at Heathrow airport August 23, 2023 In some great news for London jetsetters who enjoy a frosty glass of lager before taking off, JD Wetherspoon has announced it is opening its second pub at Heathrow airport. The budget boozer will open ‘The Star Light’ in Terminal 4 of the busy Hounslow travel hub in the place of former site of Carluccio’s [...]
JD Wetherspoon chair Tim Martin hits out at Daily Mail article on panini and pint prices August 18, 2023 JD Wetherspoon issued a statement to the stock exchange this morning - confirming their ham and cheese panini comes with a free soft drink
All Bar One owner toasts rising revenues as cost pressures start to ease July 27, 2023 Mitchells & Butlers (M&B) share price soared over five per cent this morning, as the pub and restaurant chain revealed a 9.7 per cent rise in revenues in the third quarter. The All Bar One owner was bolstered by a record breaking Fathers Day in June, with like-for-like sales in food and drink during the [...]
J D Wetherspoon: ‘Misrepresentation’ to claim boozers sell-off was for ‘money-raising’ alone July 12, 2023 JD Wetherspoon hit back at critics over its decision to sell off a flurry of pubs, telling investors it is a “misinterpretation” to claim it was a purely “money-raising” move. The budget boozer sold, closed or surrendered to the landlord 28 pubs, however said that while the move raised a small bit of capital, it [...]
Young’s: Pub chain shrugs off inflation as London acquisitions spur revenue bump July 6, 2023 Young & Co’s Brewery provided a cheery update to investors this morning as the pub operator revealed a 8.3 per cent lift in revenues in the first thirteen weeks of the year. The 220-strong pub chain said it was boosted by a string of acquisitions it made last year in London and the wider UK, [...]
Brits spend £4.1bn drinking beer at home during cost of living and price of a pint crises July 4, 2023 Brits are staying at home and cracking open cold beers from the fridge, as twin cost of living and price of a pint crises change drinkers’ habits. New research out today show a 25 per cent surge in beer sales in supermarkets and shops outside local boozers, during the cost of living crisis. While the [...]
Wagamama owner waves goodbye to CFO as part of top team shake up June 21, 2023 Wagamama’s owner The Restaurant Group (TRG) is waving goodbye to its chief financial officer, Kirk Davis, as part of a shake up of its top team. The hospitality group, which also owns high street eateries such as Frankie & Bennys, said that Davis will step down after the publication of its interim results in September [...]