CITY VIEWS: HAS THE SUNNY WEATHER MADE YOU SPEND MORE? July 22, 2010 NICHOLAS POTTER | PALMARIUM GROUP “I have been spending more because I am outside of the house more. When you’re out you to tend to spend more on things like ice cream and beer. I tend to spend less during the winter.” ROBERT SIMPSON | VINE RESOURCES “I should be spending less but this weather [...]
It’s time to hunker down in a cosy pub January 13, 2010 THE JERUSALEM TAVERN, CLERKENWELL Yes it’s a classic and an obvious choice, but there’s still no finer place to hunker down and enjoy a few pints of beer. And what beer it is. This Farringdon pub serves the full range of the very fine St Peter’s beers, including their Organic bitter, blackberry, nettle and gooseberry [...]
Young’s sees cask ale refresh profits June 3, 2010 YOUNG’S reported a better-than-expected full-year pre-tax profit yesterday – fuelled by cask ale and food sales. The company, which operates 219 pubs, saw pre-tax profit of £19.4m in the year to 29 March. In the first eight weeks of the current year, Young’s said comparable sales at its 120 managed pubs, which are directly operated [...]
Pubs and restaurants see sales jump in December despite gloom January 18, 2010 PUB and restaurant groups managed a 2.9 per cent year-on-year increase in sales in December despite poor weather, fewer Christmas parties and price hikes ahead of the VAT increase this month. However, the increase was lower than the 4.7 per cent total like-for-like growth in 2009. Mark Sheehan from Coffer Group, which published the figures, [...]
Bars and clubs fail to shake off recession June 6, 2010 THE number of bar and pub companies going bust has continued to soar in the last year, a new survey has shown. While corporate insolvencies have been falling in other sectors, the picture for bars and clubs is still bleak. A total of 23 pub, bar and nightclub companies have become insolvent in the first [...]
55 PER CENT BEER BREWER GETS HAMMERED BY ANIMAL ACTIVISTS July 22, 2010 A DOLLOP of mirth for the City yesterday as it emerged that independent brewery BrewDog is up to its record-breaking tricks again. BrewDog, which has twice before held the record for the strongest beer in the world, yesterday unveiled its latest offering, a 55 per cent proof blond ale retailing at £500 a bottle, which [...]
55 PER CENT BEER BREWER GETS HAMMERED BY ANIMAL ACTIVISTS July 22, 2010 A DOLLOP of mirth for the City yesterday as it emerged that independent brewery BrewDog is up to its record-breaking tricks again. BrewDog, which has twice before held the record for the strongest beer in the world, yesterday unveiled its latest offering, a 55 per cent proof blond ale retailing at £500 a bottle, which [...]
Premier Inn boost Whitbread sales June 22, 2010 UK hotel and restaurant group Whitbread has reported a strong start to the year – fuelled by its Premier Inn chain. Like-for-like sales at the budget hotel rose 10.5 per cent in the 13 weeks to 3 June, compared with the same period a year earlier. Sales across the Whitbread group were up 7.6 per [...]
Fuller’s hikes dividend after earnings rise June 11, 2010 PUB and beer group Fuller, Smith and Turner has reported a 17 per cent rise in adjusted pre-tax profit to £26.6m. The rise came as revenue increased by eight per cent to £227.7m. Fuller’s said its annual dividend had been lifted by 12 per cent to 11p. Chairman Michael Tunrner said: “We are pleased to [...]
GOING OUT August 25, 2010 IT may still be peak holiday season but in our cosmopolitan capital you can complete a world tour whenever you like by taking a glamorous (if slightly less exotic) journey around London’s more exclusive international nightlife. Starting with Japan, the chic Kyashii has just re-launched on Upper St Martin’s Lane offering a sophisticated, ultra modern [...]