Irreverent craft brewery BrewDog has a festive gift for US Presidential candidate Donald Trump. BrewDog founder, James Watt, has gifted Trump two Equity for Punks shares this Christmas in the hope it will inspire the real estate magnate to “get back into business” and “stop trying to become the leader of the free world.” Equity for Punks is BrewDog’s pioneering … [Read more...]
JD Wetherspoon pulls out of the VAT Club Jacques Borel
However, it will continue to campaign for a VAT reduction on food and drink within the hospitality sector and aims to set up a new organisation to continue the campaign. Wetherspoon founder and chairman Tim Martin said: “Jacques Borel has done an amazing job campaigning for a VAT cut over the past five years. “He has led the way and has made great progress in terms of … [Read more...]
Admiral Taverns completes business turnaround, profits up 82.4%
Admiral Taverns, the UK’s number one community pub group, has announced strong results for the 52 weeks ending 30 May 2015, delivering absolute growth in turnover, operating profit and EBITDA for the first time in eight years. Outlook Positive momentum has continued into the current financial year and trading since the year end has been strong and in line with … [Read more...]
Grand Union announce new site and partnership concept
Grand Union, the well-established London bar group backed by Luke Johnson, has announced the next stage of its metamorphosis into London’s leading bar group – a new site and, with it, a new trading platform. Grand Union’s ninth site will open in Wapping E1 at Land Securities new development Thomas More Square. The 6300 sq ft site sits between the new London Docks … [Read more...]
Cubitt House secures growth capital for expansion
Sapient Corporate Finance has advised the shareholders of Cubitt House on securing investment from private investors who will acquire a majority stake in the business and provide funding to facilitate future expansion of the highly successful Cubitt House brand. Cubitt House has created four high quality, timeless and traditional pub restaurants in some of central London’s … [Read more...]