Wimbledon the smash hit for summer sport July 27, 2011 ARECENT YouGov SixthSense report on pub sports viewing revealed that 33 per cent of British adults watched sport in pubs. Large proportions of those watch football but what is the impact of summer sports, more traditionally watched in the home? The last month has seen three of the showcase sporting events of the British summer, [...]
Greene King shares drop despite jump in revenues June 30, 2011 GREENE King, the leading pub retailer and brewer in the UK, yesterday reported a 14 per cent rise in pre-tax profits to £140m for the year. The company said that rising demand for pub meals, which account for 60 per cent of its business, contributed to a revenue increase of six per cent, topping the [...]
Greene King shares drop despite jump in revenues June 30, 2011 GREENE King, the leading pub retailer and brewer in the UK, yesterday reported a 14 per cent rise in pre-tax profits to £140m for the year. The company said that rising demand for pub meals, which account for 60 per cent of its business, contributed to a revenue increase of six per cent, topping the [...]
Whitbread in sales lift as Costa grows June 21, 2011 STRONG turnover and new stores at Costa Coffee have helped Whitbread raise its sales by 9.2 per cent. Total sales at its coffee chain in the last three months were 22.5 per cent up on a year ago. Costa was boosted by the opening of 73 new branches during the period, as well as new [...]
LIBERTARIAN LEAFLETERS HIT OUT AT ANTI-CAPITALIST PROTESTS October 17, 2011 SNEAKING among the protesters outside St. Paul’s Cathedral over the weekend was a pack of intrepid pro-capitalist activists. Their purpose? To reform and educate the anti-corporate revolutionaries on the beauty of an unimpeded free market. “We distributed more than 100 leaflets to protesters,” ringleader Simon Gibbs told The Capitalist. “One third of protesters, mostly young [...]
LIBERTARIAN LEAFLETERS HIT OUT AT ANTI-CAPITALIST PROTESTS October 17, 2011 SNEAKING among the protesters outside St. Paul’s Cathedral over the weekend was a pack of intrepid pro-capitalist activists. Their purpose? To reform and educate the anti-corporate revolutionaries on the beauty of an unimpeded free market. “We distributed more than 100 leaflets to protesters,” ringleader Simon Gibbs told The Capitalist. “One third of protesters, mostly young [...]
Whitbread sales growth accelerates in second quarter September 6, 2011 Hotel and restaurant operator Whitbread has posted accelerating sales growth for the past three months as consumers splashed out on branded coffees and nights in hotels. Whitbread, the UK’s biggest hotel and restaurant operator, said like for like sales were up 4.8 per cent in the second quarter, driven by demand in its Premier Inn [...]
Next hotspots for price growth October 13, 2011 EVERYONE has read the headlines about the soaring prices of core prime central London properties – that’s homes in Chelsea, Mayfair and Belgravia. Foreign investment in the market has brought a price boom that the average well-to-do Brit just can’t keep pace with. Understandable, when the “square footage” – the price per square foot – [...]
Next hotspots for price growth October 13, 2011 EVERYONE has read the headlines about the soaring prices of core prime central London properties – that’s homes in Chelsea, Mayfair and Belgravia. Foreign investment in the market has brought a price boom that the average well-to-do Brit just can’t keep pace with. Understandable, when the “square footage” – the price per square foot – [...]
Brewer sales up on good weather June 14, 2011 BREWER Shepherd Neame said yesterday that its sales have been boosted by the recent good weather, as it issued an upbeat trading statement and said its pub estate had risen in value. For the 48 weeks to 28 May, Shepherd Neame’s own beer volume grew by 3.6 per cent, while like-for-like sales in managed houses [...]