Admiral Taverns has introduced a right-to-buy option for selected tenants who will have the opportunity to purchase the freehold of their pub from three years into a lease.
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The Association of Licensed Multiple Retailers (ALMR) has expressed “deep disappointment” at the news that the Government has decided not to regulate the behaviour of the major pub companies. If the Home Office does not do more to force licensees and doorstaff to accept the Proof-of-Age Standards Scheme (PASS) accredited cards, then PASS is “pointless”. Source:PASS could be 'pointless' The All-Party Parliamentary Save the Pub Group is running a ‘Free up the British Pub’ rally at the House of Commons tonight. Source:'Free the British Pub Rally' to put pressure on pubco reform Peter Brook, the leased pub industry veteran, is to step down as managing director of Spirit Pub Company’s 550-strong leased division. Source:Brook to exit Spirit arm The Business, Innovation and Skills Committee (BISC) report into the relationship between pubcos and tenants is set to be debated in the House of Commons on Tuesday 6 December in the wake of the Government’s response this week. Source:Pubco/tenant relationship heads for Parliamentary debate Molson Coors has announced it will be increasing its wholesale prices to the on-trade by, on average, £19.99 per barrel, or 7p per pint from 2 January 2012. Loungers, the fast-growing café/bar restaurant group, is expected to reach 29 sites by the end of 2012 as it announces eight new openings next year. Millionaire Joe Lewis is expected to launch a fresh attack on the management of Mitchells & Butlers (M&B) on the back of its full-year results. Ever So Sensible Bars, the multiple operator led by former Mitchells & Butlers executive Chris Bulaitis, has acquired a further site in Nottingham as it looks to ramp up its expansion plans. |
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