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June 10, 2021
In addition to people news from The Inn Collection Group and ETM, there are updates on mental health training for hospitality staff and the Government’s furlough scheme.
June 3, 2021
PLAN: Cafe Rouge in Friar Street in Worcester NEW apartments are set to be built above a former city centre restaurant. The plans would see the upper floors above the former Cafe Rouge restaurant in Friar Street in Worcester, which closed last year, converted into three flats and a six-room house of multiple occupation (HMO). The ground floor and part of the first floor space in the grade II-listed building would remain for commercial use and could be replaced with a new shop, restaurant ...
May 21, 2021
Looking for a fresh start after lockdown? Fancy taking on a restaurant in Braintree? The former Las Iguanas building in Braintree Retail Park could be just the place, as long as youve got £110,000 to spare. Thats how much the vacant restaurant will cost you. The ground floor premises with mezzanine was formerly occupied by Las Iguanas and could be yours for £9,167 a month. The property is listed on Rightmove website as a "modern" building suitable for a wide variety of restaurateurs...
May 13, 2021
Speaking to The Morning Advertiser ( MA) after the release of City Pub Group’s 2020 financial results statement – which saw pandemic restrictions hit its revenue to the tune of £34.2m in the 52 weeks ended 27 December 2020 – executive chairman Clive Watson described the confirmation of indoor pub reopening on 17 May as a “relief” but “no great surprise”. “I think people in this country are on the whole very compliant, so I think it will give them confidence, now...
May 11, 2021
Excellent position: the early signs since we have been allowed to trade outdoors have been very heartening, City Pub Groups Clive Watson said Despite pandemic restrictions hitting its revenue for £34.2m in the 52 weeks ended 27 December 2020, City Pub Group is in an ‘excellent position’ as the country reopens according to its executive chairman. According to its final results for 2020, the operator of a freehold estate of 45 wet-led pubs across London, southern...
May 11, 2021
(the "City Pub Group", the "Company" or the "Group") FINAL RESULTS FOR THE YEAR ENDED 27 DECEMBER 2020 The City Pub Group is pleased to announce its audited results for the 52 weeks ended 27 December 2020. The Group currently operates a predominately freehold estate of 45 wet-led pubs and a further four development sites in London, Southern England and Wales. Enhancements made during lockdown · Significant investment in our pubs to optimise them for outdoor...
May 11, 2021
Plans revealed for Nottingham restaurant that closed after going into administration Its sure to be an experience Belgo in Weekday Cross (Image: Marlow Photographic) Dont miss anything coming up in 2021 by subscribing to our free Whats On email updatesInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscr...
May 5, 2021
Northern pubco the Inn Collection Group has added a 21 st site to its portfolio in the form of art deco site the Park Hotel at North Tyneside’s Longsands beach. The growing pub group – which boasts sites in Northumberland, County Durham, Teesside, Yorkshire, Cumbria, Lancashire and Wearside – completed on the 53-bedroom venue in an undisclosed deal. “We are absolutely delighted to be welcoming the Park into our pubs with rooms family,” managing director of the Inn Collection G...
April 29, 2021
FTSE 100 closes a shade lower as US GDP figures send ripples On Wall Street, benchmarks were mixed, with the Dow Jones losing around 15 points but the broader based S&P 500 adding nearly a point FTSE 100 closes down by a whisker US markets mixed 5.05pm: FTSE finishes in red FTSE 100 index closed a tad lower on Thursday as first quarter GDP figures from across the pond sent negative ripples through markets. The UKs top share index finished down around two points, or 0.03%, at 6,961. On Wall St...
April 29, 2021
Tullow Oil in demand after refinancing plans A look at the major movers on the London market on Thursday oil Tullow Oil PLC (LON:TLW) is one of the days risers after it unveiled a refinancing. The exploration and production group has begun an offer of $1.8bn worth of senior secured notes due in 2026 and received commitments for a $500mln revolving credit facility and a $100mln letter of credit facility. The proceeds with be used to push out the timeframe for its debt obligations, in...