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Hall & Woodhouse (H&W), the Dorset brewer and pub operator, says it has facilities of £60m in place for potential acquisition opportunities as it reported an increase in sales and profits during an “important” year. Source:H&W commits £60m for new pub deals The Chesham Arms in Hackney, east London, will remain listed as an asset of community value (ACV), after winning a landmark tribunal hearing against the owner of the property. Source:Hackney pub stays as Asset of Community Value after landmark appeal ruling Anti-smoking campaigners are urging pub operators to keep their policies on electronic cigarettes under review as controversy grows around the devices – which deliver nicotine without burning tobacco and produce vapour rather than smoke. Source:Pub operators urged to keep policies on e-cigarettes under review Punch has been found in breach of its code of practice at its first case though the Pubs Independent Conciliation and Arbitration Service (PICA-Service). Source:Punch found in breach of code of practice at its first PICA-Service case Booker Group has reported a 2.3% rise in like-for-like sales in the 24 weeks to 13 September, with non-tobacco like-for-likes up 5%, on sales up 16.5% to £2.2bn. Source:Booker half one like for likes rise 2.3% The average annual pub rent for new leases in England and Wales dropped slightly to £24,368 per annum during the second quarter of 2013, according to the Royal Institution of Chartered Surveyors (RICS) Pub Benchmarking Survey. Source:Average rents on new leases drop, according to RICS Businesses and community groups looking to establish new Business Improvement Districts (BIDs) will be offered loans of up to £50,000, community pubs and high streets minister Brandon Lewis has announced. Source:Government to offer business improvement district promoters £50,000 loans Secretary of State for Business, Innovation and Skills Vince Cable said he will not “be intimidated by scaremongering” over the introduction of a statutory code and adjudicator. Source:Statutory Code: Vince Cable claims he will not be 'intimidated by scaremongering' Pubs across the country were given the first exclusive play of Paul McCartney’s latest album this Sunday. Source:Paul McCartney to launch new album in pubs Licensees would invest more in their pubs, employ more staff and stock a wider selection of beers if they were offered a free-of-tie deal, according to a new survey. Source:Free-of-tie option would boost trade, claims Federation of Small Business survey |
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