Responding to the announcement by the Scottish Labour MSP Neil Bibby that he will seek to introduce new legislation on the nation’s leased and tenanted pubs, the Scottish Beer and Pub Association has called for the MSP to ‘think again’. If successful, the proposed legislation would remove opportunities for young entrepreneurs and stifle investment in the pub industry in … [Read more...]
The Alchemist kicks-off the new year with a £16million investment from Santander
Premium bar and restaurant, The Alchemist, has secured an additional £16 million finance package from existing debt funders, Santander, to support its continued growth plans across the UK. The new capital from Santander will be invested into the continued innovation of the brand, rejuvenating existing sites and the acquisition of new locations. The Alchemist recently opened … [Read more...]
Byron proposes plan to secure future of business
Byron Hamburgers Limited (“Byron”) today announces the sale of the business and a restructuring plan that will ensure a sustainable long-term future for the business. Under the terms of the transaction, which is subject to the successful completion of the reorganisation process, existing investor Three Hills Capital Partners becomes the majority shareholder. Hutton Collins … [Read more...]
Tobacco Dock celebrates a record breaking Christmas party season
East London venue, Tobacco Dock, has revealed that it has experienced its best festive season yet with over 20,000 partygoers attending its 'Winter Secret Garden' themed extravaganzas during December, an incredible 60% increase from 2016. The Christmas parties, organised in partnership with Eventist Group, invited guests into the Grade I listed venue, which was decked with … [Read more...]
Rates report highlights need for immediate reform
The ALMR has warned that Government action on wholesale business rates reform is required at the earliest opportunity to support high street businesses struggling against rising costs. The warning follows a report that UK councils have enlisted the services of bailiffs to take action against 41,000 businesses for unpaid business rates bills. ALMR Chief Executive Kate … [Read more...]