A quiz team from Kenilworth, crowned best in the country at the final of Punch Taverns’ Great British Pub Quiz, will host a special celebrity quiz event in November. The Unusual Suspects team representing Punch’s Royal Oak in Kenilworth were winners of Britain’s largest pub quiz competition last month. In addition to the £2000 cash prize, the team also won the chance for the … [Read more...]
Hawthorn acquires 25 pubs from Nectar Taverns
Hawthorn Leisure has acquired a portfolio of 25 public houses in the Northwest of England from Nectar Taverns, a privately owned managed pub company with an estate of 28 freehold outlets predominantly in the North West of England.. The Nectar pubs, which include 24 freeholds and 1 long leasehold, will continue to operate under their current centrally managed business … [Read more...]
VAT Club consults on next steps
The Jacques Borel-led campaign to reduce VAT in the hospitality sector from 20% to 5% has launched a consultation across the sector on the next steps in the campaign after the success of Tax Equality Day in September, writing to supporters asking for views and suggestions on how the campaign should proceed. The campaign, which saw price cuts by more than 50 companies to … [Read more...]
British household leisure spending down 6%
The latest Greene King Leisure Spend Tracker Report shows a fall in consumer confidence is likely to be responsible for British households spending 6% less on leisure during September. According to the figures, household leisure spend was down £13 to £207 in September compared to the same month last year. The report also reveals there was a greater decline in spend among … [Read more...]
Spirit results to August 2014: well positioned for growth
Spirit has reported its unaudited preliminary Results for the 53 weeks to 23 August 2014, with EBITDA up 4%, Profit before tax up 8%, and net debt down 9%. The results further clarify Greene King’s current strong interest in acquiring Spirit, with Mike Tye, CEO commenting below on Spirit’s strong portfolio of brands and being positioned for growth: “It’s been a strong year … [Read more...]