Corney & Barrow Bars, the group of sophisticated London City bars, has carried out a substantial refurbishment to its Old Broad Street site, as part of an on-going investment programme across its estate. The Old Broad Street site has been transformed by Nelson Design, bringing it in line with current design trends and making use of vibrant colours and patterns. Materials … [Read more...]
Positive budget reactions despite unchanged business rates
The Chancellor announced the scrapping of the alcohol duty escalator, extension of reliefs for businesses, and efforts to deal with the cost of living in the measures in today’s Budget statement. It also signalled an increase in the personal allowance to £10,500, a doubling of the Annual Investment Allowance to £500,000, extension of Capital Allowances for three years, and an … [Read more...]
VAT Club Jacques Borel to stage second Tax Equality Day
It follows on from the success of the first Tax Parity Day which took place in 15,000 pubs and restaurants across the UK in September 2013, and will take place on 24 September 2014. Pubs and restaurants will once again be encouraged to support the campaign to reduce the level of VAT in the hospitality sector by lowering prices on food and drink by 7.5 per cent. The prices will … [Read more...]
The Fable: set for a busy summer and enduring success
Drake & Morgan’s latest venture, The Fable in Farringdon, opened a month ago to considerable fanfares, and H&C News was pleased to visit last week and take an in-depth look at exactly what it presents. It offers – a lot! This is a considerable establishment: it may originally have been a dwelling house that dates back to the 15th Century, but it has certainly been … [Read more...]
Spirit starts year positively
Spirit Pub Company has issued an update on current trading for the 8 weeks to 1 March. Mike Tye, Chief Executive, commented: “Whilst this short eight week period of trading has benefitted from the milder winter weather, our Leased estate continues to make positive progress and we are confident that our Managed estate will continue to go from strength to strength. We remain … [Read more...]