Lancaster and Fleetwood MP Eric Ollerenshaw gave the Study Room top marks when he officially opened the Lancaster bar following a £450,000 investment. The Study Room opened on 25 April after a major joint investment of £450,000 between Punch Taverns and Mick Horan, Managing Director of Strawberry Enterprise Ltd. The Study Room site, which stood empty for two years, has … [Read more...]
Restaurant and pub chains up 4.4% and delivering sustained growth
Britain's managed pub and restaurant operators are enjoying a strong start to 2014, with collective like-for-like sales up 4.4% in April against the same month last year. It follows a 4.6% increase in March. These latest figures from the Coffer Peach Business Tracker show that trading has been positive throughout the winter and spring, with April's results marking 13 … [Read more...]
Silver accreditation for HIT Training from People 1ST
Hospitality apprenticeship and training specialist HIT Training has been awarded a ‘Silver’ level accreditation by People 1st in recognition of its high quality training and excellence in skills development – making it the hospitality industry’s first ever national private training provider to be recognised in this way. Important and respected mark of excellence “We’re … [Read more...]
English Sparkling wines awarded top trophies at 31st annual IWC
Two Sparkling wines from the South of England have been awarded with International Wine Challenge trophies in a record year of success for English wine makers at the competition. Nyrtimber 2009 Classic Cuvée West Sussex-based Nyetimber was awarded the top national prize when its 2009 Classic Cuvée received the English Sparkling trophy. This sparkling wine is a blend of … [Read more...]
EAT. £40 million refinancing for expansion
Ardian, the premium independent private investment company, has arranged a £40m unitranche financing facility for Lyceum Capital’s portfolio company EAT. Proceeds of the loan will be used to refinance EAT.’s existing credit facilities. The facility also includes a £12.5 million capital expenditure tranche which will be used to fund plans for further store openings. EAT. was … [Read more...]