As the horrors of the Amatrice earthquake continue to unfurl, and the scale of the devastation and the need for assistance becomes ever more apparent, one UK pub company has pledged to help by donating every penny they would get from the sale of all their Pizzas and pasta dishes to the Italian Red Cross in order to provide some care for the hard-pressed victims and their … [Read more...]
Board Changes at Gusto and Alchemist
Living Ventures and Palatine Private Equity are pleased to announce the appointment of Paul Campbell to the boards of Alchemist Bar and Restaurants Ltd and Gusto Restaurants Ltd in the capacity of Non-Executive Director. Jeremy Roberts CEO of Living Ventures who has also been appointed Chairman of both companies commented; "I am delighted to welcome Paul to both Alchemist … [Read more...]
Major investment starts to reopen historic Glasgow pub as part of Star’s £2 million Scottish investment
Work has begun on a major £500k refurbishment of Bannisters on Argyle Street by Heineken owned Star Pubs & Bars and new licensees, Glasgow pub operators One Leisure Group, following a three-month closure. 25 new jobs will be created as a result. The refurbishment is part of a £2 million investment that Star is making in its Scottish pubs this year, £1 million of which is … [Read more...]
Greene King Leisure Tracker – August
This month’s Greene King Leisure Spend Tracker reveals that many British households are worried about the economic impact of Britain’s decision to leave the European Union. Following the result in June, a third of respondents (33%) say they expect their household’s financial situation to be worse off this time next year, while only 8% think that there will be an improvement … [Read more...]
Hospitality Group Expands East Anglian Foothold with £2.5m Capital Raise
The award-winning Suffolk-based hospitality company, The Chestnut Group, has successfully completed a further round of capital raising under the Government’s Enterprise Investment Scheme. The Group, which is developing a portfolio of hospitality venues across East Anglia (currently in Newmarket, Cambridge, Woodbridge and Bury St Edmunds), recently completed the equity raise … [Read more...]