Enterprise Inns toasts the Queen August 9, 2012 The Diamond Jubilee and Euro 2012 helped Enterprise Inns pull back from a sales slump, the firm said yesterday. However, the damp weather meant the group’s pubs did not recover as well as hoped. Enterprise posted a 1.2 per cent drop in like-for-like income in the 44 weeks to 4 August, compared to a slide [...]
Fleet Street’s historic temple of bespoke October 4, 2012 Thresher & Glenny isn’t the kind of place you are likely to just stumble across, tucked away as it is on Middle Temple Lane, just off Fleet Street. But this inauspicious little store could just be the oldest remaining tailor in the world: one that has survived through word of mouth, as it has since [...]
Fleet Street’s historic temple of bespoke October 4, 2012 Thresher & Glenny isn’t the kind of place you are likely to just stumble across, tucked away as it is on Middle Temple Lane, just off Fleet Street. But this inauspicious little store could just be the oldest remaining tailor in the world: one that has survived through word of mouth, as it has since [...]
New technology puts everyone in the market for a drink or two September 30, 2012 THE Market Bar in Crutched Friars started pricing its drinks according to customer demand back in the 1990s, with stock exchange boards constantly updating the dynamic prices. Now an American firm based in Florida, The Drink Exchange, has developed the technology to enable any bar to offer a similar experience. If everyone starts demanding a [...]
New technology puts everyone in the market for a drink or two September 30, 2012 THE Market Bar in Crutched Friars started pricing its drinks according to customer demand back in the 1990s, with stock exchange boards constantly updating the dynamic prices. Now an American firm based in Florida, The Drink Exchange, has developed the technology to enable any bar to offer a similar experience. If everyone starts demanding a [...]
Pubbers in need of an everyday treat boost Greene King June 28, 2012 GREENE King’s full year results suggest that the pub industry, if anything, is recession resilient. The pub operator and brewer posted record pre-tax profits of £152m, up 8.6 per cent on the year before, as revenues jumped 9.4 per cent to £1.14bn. Chief executive Rooney Anand told City A.M., “After reaching the £1bn turnover landmark [...]
Bosideng London founder Mr Gao is a man with a plan October 21, 2012 THE LAST time you walked on South Molton Street you would have gone past The Hog in the Pound, a not especially enticing-looking pub that sat at the top of the famous road where it meets with Oxford Street. Walk there today and it looks completely different. Let’s just say it’s had an upgrade; £25m [...]
The Tipster | Raise your glass to JD Wetherspoon September 10, 2012 TRADERS have been questioning JD Wetherspoon, after the company’s share price stumbled over the last few weeks. However, there is optimism about the full-year results, due this week, as the European football championships are expected to have helped the pub chain. Shares hit year-highs above 480p in August, and the firm is expected to report [...]
FTSE 100 up sharply on US economic stimulus September 14, 2012 The blue chip index jumped sharply in early trading, as it consolidated gains in the US in the wake of QE3. Headline miners led the index up, with Ferrexpo jumping 15.15 per cent in early trade, as metal prices rose on hopes of increased demand. South Africa-focused Aquarius Platinum jumped 12.48 per cent, Evraz soared [...]
JD Wetherspoon sales rise with Euros boost July 11, 2012 Pub operator JD Wetherspoon said cost pressures from government legislation would weigh this year on what has so far been a solid performance boosted by major events. Wetherspoon, whose cut-price drinks and meal offers had made it one of the stronger performing pub chains through the economic downturn, said like-for-like sales for the 11 weeks [...]