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Wednesday 30th June 2021
Thwaites reports full-year turnover down 67%, pandemic causes company to lose £24m
Thwaites reports full-year turnover down 67%, pandemic causes company to lose £24m: North west brewer and retailer Daniel Thwaites has reported turnover fell 67% to £32.2m for the year ending 31 March 2021, compared with £98.1m the previous … view
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Wednesday 30th June 2021
Propel Wednesday News Briefing
Greene King launches trial of new premium format – Crafted Pubs: Brewer and retailer Greene King has launched the trial of a new premium format in the West Midlands, the first under the new umbrella of Crafted Pubs, Propel has learned. … view
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Tuesday 29th June 2021
Update: Tasty sales growth, BrewDog under the spotlight
Tasty reports strong like-for-like sale growth: Tasty, the owner and operator of restaurants in the casual dining sector, has reported 49 of the company’s 54 sites are fully open for trade. The company stated: “Takeaway and delivery s … view
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Tuesday 29th June 2021
Propel Tuesday News Briefing
Sector seeks greater flexibility on test and trace rules: The hospitality sector is seeking greater flexibility and clarity on test and trace rules as the current process continues to cause havoc for businesses across the industry, as ent … view
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Monday 28th June 2021
Exclusive – Punch completes £600m debt refinancing
Exclusive – Punch completes £600m debt refinancing: Punch Pubs & Co, the Clive Chesser-led, 1,235-strong pub company, has completed a £600m debt refinancing, Propel has learned. Punch is understood to have successfully issued £600m o … view
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Monday 28th June 2021
Leon unveils plan for first of many drive-thrus
Leon unveils plan for first of many drive-thrus: Natural fast food brand Leon has unveiled plans for its first drive-thru restaurant in West Yorkshire. The prominent new 2,000 square foot drive-thru restaurant is the first of its kind for … view
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Monday 28th June 2021
Update: Greggs, City Pub Company, Coca Cola, Escape Hunt and tipping legislation
Proposed law will enforce handing over of tips to staff: Restaurants would be forced to hand over all tips to their staff under new proposals tabled in Parliament following government delays. Several pledges have been made in recent years … view
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Monday 28th June 2021
Propel Monday News Briefing
Boparan Restaurant Group launches Carluccio’s-branded vending machine: Boparan Restaurant Group (BRG), the owner and operator of brands including Gourmet Burger Kitchen, Giraffe, Ed’s Easy Diner and Slim Chickens, is testing a Carlucc … view
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Sunday 27th June 2021
Weekend leisure stories and restaurant reviews
McDonald’s has been lovin’ it during lockdown: Maccy D’s is supersizing itself. It is recruiting at least 20,000 workers and opening 50 new restaurants in Britain and Ireland. Paul Pomroy, McDonald’s UK boss, says he’s not repl … view
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Saturday 26th June 2021
Oakman to launch further shareholder benefits, sales up 36% on 2019
Oakman to launch further shareholder benefits, sales up 36% on 2019: The Oakman Group is to introduce further shareholder benefits such as access to a soon to be launched Oakman Wine Club and an Oakman Development Club, as it said it saw … view
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Friday 25th June 2021
Friday Opinion
Subjects: Creating buzz through limited edition releases, the importance of NEDs, the challenges of Natasha’s Law
Authors: Glynn Davis, Ann Elliott, Caroline Ellis

Creating buzz through limited e … view

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Friday 25th June 2021
Update: Joe & The Juice, Wolfpack, Kaleidoscope Collection
Joe & The Juice appoints Thomas Nørøxe as new chief executive: Denmark-based smoothie and juice chain Joe & The Juice, which operates over 300 sites across 16 countries, has appointed Thomas Nørøxe as its new chief executive. Nørøxe … view
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Friday 25th June 2021
Propel Friday News Briefing
The Big Table Group to trial new Amalfi concept: The Big Table Group, the Epiris-backed operator of the Bella Italia, Cafe Rouge and Las Iguanas brands, is to trial a new Italian restaurant concept called Amalfi, Propel has learned. The A … view
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Thursday 24th June 2021
Update: Various Eateries, junk food, Hawksmoor, PPHE Hotel Group
Various Eateries reports ‘very strong’ trading since reopening, Coppa Club like-for-likes up 28.3% on 2019 levels in past five weeks: Various Eateries, the AIM-listed Andy Bassadone-chaired business, has reported “very strong” tra … view
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Thursday 24th June 2021
Propel Thursday News Briefing
Fledgling plant-based quick-service restaurant concept Ready Burger raises more than £1.7m in hours as it aims to roll out: Ready Burger, the fledgling plant-based restaurant concept founded by boxer Anthony Joshua’s former personal ch … view
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Wednesday 23rd June 2021
Propel Wednesday News Briefing
Vagabond Wines founder to launch new concept Mamma Pastrama: Stephen Finch, founder of Vagabond Wines; Kieran Sherlock, director of sector investor Imbiba; and chef Jay Morjaria have teamed up to launch new concept Mamma Pastrama, Propel … view
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Tuesday 22nd June 2021
Propel Tuesday News Briefing
Pied à Terre becomes latest restaurant to restrict hours due to staffing crisis as owner calls for new visa arrangements to be introduced urgently: Michelin-starred London restaurant Pied à Terre has become the latest restaurant to rest … view
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Monday 21st June 2021
Propel Monday News Briefing
Some 25,000 licensed premises still shut with thousands more at risk after ‘Freedom Day’ delay: About 25,000 licensed premises were still shut at the end of May, the latest edition of the Market Recovery Monitor research from CGA and … view
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Monday 21st June 2021
Some 25,000 licensed premises still shut with thousands more at risk after ‘Freedom Day’ delay
Some 25,000 licensed premises still shut with thousands more at risk after ‘Freedom Day’ delay: About 25,000 licensed premises were still shut at the end of May, the latest edition of the Market Recovery Monitor research from CGA and … view
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Sunday 20th June 2021
Itsu set to open 100 new UK sites and create 2,000 jobs after Bridgepoint deal
Itsu set to open 100 new UK sites and create 2,000 jobs after Bridgepoint deal: Itsu, the healthy Asian food chain created by Julian Metcalfe, has signed a significant deal with international alternative asset group, Bridgepoint. In response t … view
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Sunday 20th June 2021
Weekend leisure stories and restaurant reviews
McDonald’s to hire 20,000 workers in big UK expansion: McDonald’s has unveiled plans to hire 20,000 more workers and open up to 150 high street restaurants in the UK and Ireland as it shrugs off fears over a long-term slump in city ce … view
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Friday 18th June 2021
Maven Leisure closes £4.3m fundraise
Maven Leisure closes £4.3m fundraise, secures City of London rooftop site: Maven Leisure, the new venture from ETM Group co-founder Ed Martin, chief financial officer Landen Prescott Brann and non-executive chairman Graham Turner, has cl … view
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Friday 18th June 2021
Friday Opinion
Subjects: We’ve achieved so much but the work must go on, the manipulation game, the right stance
Authors: Kate Nicholls, Paul Chase, Glynn Davis

We’ve achieved so much but the work must go on … view

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Friday 18th June 2021
Swingers makes US debut today
Swingers makes US debut today: London crazy golf club concept Swingers, operated by Competitive Socialising, makes its US debut today (Friday, 18 June) in Washington DC. The opening is supported by backer Cain International – in March, Compe … view
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Friday 18th June 2021
BrewDog founder James Watt orders independent review and takes ‘100%’ blame for ‘toxic culture’
BrewDog founder James Watt orders independent review and takes ‘100%’ blame for ‘toxic culture’: Scottish brewer and retailer BrewDog has announced plans to launch an independent review into allegations of a “rotten culture” a … view
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Friday 18th June 2021
Propel Friday News Briefing
Anne Ackord – the government has treated the industry disgracefully, Brighton Pier Group hopes to make further theme park acquisitions: Anne Ackord, chief executive of Brighton Pier Group, has launched a scathing attack on the governmen … view
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Thursday 17th June 2021
UKHospitality unveils 12-point plan to tackle sector staffing crisis
UKHospitality unveils 12-point plan to tackle sector staffing crisis: UKHospitality has unveiled a new 12-point plan to tackle the current staffing crisis facing an industry that remains in a hugely fragile state following more than a year of … view
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Thursday 17th June 2021
Brighton Pier Group acquires North Yorkshire theme park in £5m deal
Brighton Pier Group acquires North Yorkshire theme park in £5m deal: Brighton Pier Group, which owns and trades Brighton Palace Pier, as well as nine premium bars nationwide and eight indoor mini-golf sites, has acquired the entire share capi … view
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Thursday 17th June 2021
Hospitality bosses threaten legal action should July reopening face further delay
Hospitality bosses threaten legal action should July reopening face further delay: Almost 50 hospitality, tourism, weddings and events companies have jointly written to prime minister Boris Johnson to threaten legal action should the July reop … view
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Thursday 17th June 2021
Update: Loungers, Whitbread, delivery apps, takeaway and No 1 Lounges
Loungers reports like-for-like sales up 26.6% in the four weeks after indoor dining opened up: Loungers has reported five new openings since its year end on 18 April – new sites in Wolverhampton, St Ives, Stourbridge, Welwyn Garden City … view
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Thursday 17th June 2021
Propel Thursday News Briefing
Gail’s sees ‘strong interest’ as it seeks new investment partner to help drive business forward, secures Godalming site: Tom Molnar, chief executive and co-founder of Gail’s Bakery, has told Propel the business has seen “strong … view
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Wednesday 16th June 2021
Government extends moratorium until March 2022 and announces new rules to ringfence rent arrears
Government extends moratorium until March 2022 and announces new rules to ring-fence commercial rent arrears: The government has extended a ban on evictions of commercial property tenants for nine months and announced new rules to ring-fence c … view
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Wednesday 16th June 2021
Update: Commercial evictions, Fridays, Black Sheep and Christie Group
Ban on commercial evictions to be extended until 2022: The ban on commercial evictions introduced during the pandemic is set to be extended until 2022. The Telegraph reports ministers are expected to announce today (Wednesday, 16 June) th … view
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Wednesday 16th June 2021
Propel Wednesday News Briefing
English and Scottish sector leaders demand government support after reopening delayed: Sector leaders in England have written to prime minister Boris Johnson demanding support for the industry, following the delay to the roadmap for reope … view
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Tuesday 15th June 2021
Otherworld to expand virtual reality concept after securing further investment
Otherworld to expand virtual reality concept after securing further investment: Otherworld, the Imbiba-backed immersive entertainment business, is to expand nationally and internationally after raising £2.9m from leading venture capital … view
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Tuesday 15th June 2021
Propel Tuesday News Briefing
Leon closes Scandinavia operation: Natural fast food brand Leon has closed its operations in Scandinavia to focus on its business in the UK and other parts of Europe, Propel has learned. In 2017, the company, which earlier this year was a … view
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Monday 14th June 2021
Sector demands immediate emergency financial support to save industry after ‘Freedom Day’ delay
Sector demands immediate emergency financial support to save industry after ‘Freedom Day’ delay: Sector bosses have demanded an immediate fresh injection of emergency financial support after the government delayed “Freedom Day” in Engl … view
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Monday 14th June 2021
Ministers weigh up hospitality rescue over billions in unpaid rent
Ministers weigh up hospitality rescue over billions in unpaid rent: Ministers are weighing up a plan to block landlords from kicking pubs and restaurants out of their properties for failing to pay billions of pounds in rent during the pan … view
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Monday 14th June 2021
Propel Monday News Briefing
BrewDog appoints first chair, engages third-party partner to conduct an independent review of its culture: Scottish brewer and retailer BrewDog has appointed Blythe Jack as its first chairperson, an independent beer industry diversity spe … view
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Sunday 13th June 2021
Weekend leisure stories and restaurant reviews
21 June unlocking called off: 21 June will no longer herald a full return to normality after Boris Johnson resigned himself to a delay of up to four weeks in lifting the remaining covid restrictions. The Prime Minister will tell the count … view
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Saturday 12th June 2021
Hospitality leaders warn of ‘a wave of business failures’ if roadmap is pushed back
Hospitality leaders warn of ‘a wave of business failures’ if roadmap is pushed back: Hospitality sector leaders, including Nick Mackenzie at Greene King, Phil Urban at Mitchells & Butlers and Simon Longbottom at Stonegate Pub Company, have … view
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Friday 11th June 2021
Friday Opinion
Subjects: Shortages lead to price hikes, gastronomic and scenic joys, tech can help mitigate labour shortages
Authors: Glynn Davis, Ann Elliott, Prask Sutton
 

Shortages lead to price hikes by Glynn Da … view

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Friday 11th June 2021
Update: Freedom Day, Tourism Recovery Plan, Fuller's and Starbucks
Nightclubs consider opening regardless on 21 June: Some UK nightclubs are considering reopening their doors on Freedom Day, 21 June, even if the government pushes back the date for lifting lockdown restrictions. Michael Kill, chief execut … view
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Friday 11th June 2021
Propel Friday News Briefing
Britain’s managed pub and restaurant sales slip 26% in May against 2019 levels as restrictions continue: Britain’s managed pub, restaurant and bar groups recorded a 26% drop in total sales in May from the same month in 2019, the new e … view
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Friday 11th June 2021
Britain’s managed pub and restaurant sales slip 26% in May against 2019 levels as restrictions continue
Britain’s managed pub and restaurant sales slip 26% in May against 2019 levels as restrictions continue: Britain’s managed pub, restaurant and bar groups recorded a 26% drop in total sales in May from the same month in 2019, the new e … view
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Thursday 10th June 2021
Exclusive – Itsu partners with Pizza Hut Restaurants team for first franchise as it embarks on ambitious expansion programme
Exclusive – Itsu partners with Pizza Hut Restaurants team for first franchise as it embarks on ambitious expansion programme: Itsu, the healthy Asian food chain created by Julian Metcalfe, has partnered with the team behind Pizza Hut Restaur … view
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Thursday 10th June 2021
BrewDog co-founder apologises and ‘promises action’ following allegations from former employees
BrewDog co-founder apologises and ‘promises action’ following allegations from former employees: James Watt, co-founder of Scottish brewer and retailer BrewDog, has apologised and “promised to take action” after former employees accuse … view
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Thursday 10th June 2021
Update: Comptoir, Inn Collection Group, lockdown easing, hospitality recovery
Comptoir reports £8.1m loss in 2020 after sales fell 62.6%: Comptoir has reported revenue of £12.5m in the year to 31 December 2020, down by 62.6% (2019: £33.4m). Loss after tax was £8.1m (2019: £0.7m loss). Richard Kleiner, non-exec … view
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Thursday 10th June 2021
Propel Thursday News Briefing
Bowmark Capital to inject £2m into Drake & Morgan after CVA approval: Bowmark Capital is to inject £2m of working capital funding into Drake & Morgan, the London-based bar and restaurant group, after it secured approval to enter a compa … view
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Wednesday 9th June 2021
Legal Briefing

Mid-year reflections of a licensing lawyer by Tim Shield

Every day for the past 15 months, I have looked over a large shared car park from my office window. This has proven to be a useful barometer into how the latest relaxations on the … view
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Wednesday 9th June 2021
Update: Lockdown easing, Camile Thai, SSP Group, football and Dhillon’s Brewery
Fears of unlocking in name only, with covid laws to be replaced by ‘stringent guidance’: Fears are growing that lockdown laws could be replaced with a web of restrictive guidance later this month in what has been dubbed by critics a … view
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Wednesday 9th June 2021
Propel Wednesday News Briefing
Drake & Morgan secures CVA approval: Drake & Morgan, the London-based bar and restaurant group backed by Bowmark Capital, has secured approval to enter a company voluntary arrangement (CVA), Propel has learned. It is understood 90% of the … view
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Tuesday 8th June 2021
Update: Debbie Hewitt, lockdown easing, Nightcap, Inn Collection and rent debt
Debbie Hewitt to stand down as chairman of The Restaurant Group: The Restaurant Group has announced that chairman Debbie Hewitt MBE will be stepping down from the board with effect from 31 December 2021, in order to take up the role of ch … view
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Tuesday 8th June 2021
Propel Tuesday News Briefing
Boxpark secures debut site outside London with launch of new F&B concept BoxHall: Boxpark has secured its first site outside London with the launch of sibling concept BoxHall, in Bristol. The group has just agreed a lease for the harbours … view
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Tuesday 8th June 2021
Boxpark secures debut site outside London with launch of new F&B concept BoxHall
Boxpark secures debut site outside London with launch of new F&B concept BoxHall: Boxpark has secured its first site outside London with the launch of sibling concept BoxHall, in Bristol. The group has just agreed a lease for the harbours … view
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Monday 7th June 2021
Update: Prezzo, Caffe Nero, Wagamana, rent arrears
Prezzo to open first restaurant since 2018 at Islington Square: Cain International, the privately held investment firm led by Jonathan Goldstein, has agreed a new lease with Prezzo for 8,432 sq ft at its Islington Square development in no … view
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Monday 7th June 2021
Propel Monday News Briefing
Good Pub Guide Pub of the Year 2021 The Olive Branch – ‘things must change in hospitality’: The Olive Branch in Clipsham, Rutland, named as the Good Pub Guide Pub of the Year 2021, has decided to close on Sundays amid unprecedented … view
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Sunday 6th June 2021
Weekend leisure stories and restaurant reviews
Restaurateurs raid colleges amid staff crisis: Thousands of restaurants and pubs have reopened but they cannot find the staff, pushing some to raise wages, offer bonuses or limit opening hours. The job site Indeed has almost 50,000 advert … view
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Saturday 5th June 2021
Pubs see trade down 20% on 2019 levels in first week of reopening indoors
Pubs see trade down 20% on 2019 levels in first week of reopening indoors: Pubs traded 20% lower in their first week of reopening indoors than the same period before the pandemic, according to the British Beer & Pub Association (BBPA). The tra … view
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Friday 4th June 2021
Friday Opinion
Subjects: Public health – a reckoning, the improving dine-in offers at supermarkets, four ideas to save hospitality
Authors: Paul Chase, Glynn Davis, Abi Dunn
 

Public health – a reckoning by Paul … view

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Friday 4th June 2021
Exclusive – Kings Park Capital invests in Highland Coast Hotels
Exclusive – Kings Park Capital invests in Highland Coast Hotels: Sector investor Kings Park Capital (KPC) has completed an investment in Highland Coast Hotels (HCH), a collection of high-quality hotels located along the North Coast 500 (NC 5 … view
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Friday 4th June 2021
Chapel Down to raise £6.876m to capitalise on English wine interest
Chapel Down to raise £6.876m to capitalise on English wine interest: English wine maker Chapel Down is raise up to £6.876m via a Seedrs fund-raising campaign to capitalise on the interest in English wine. Existing shareholders have alre … view
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Friday 4th June 2021
Propel Friday News Briefing
Body Text Here … view
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Friday 4th June 2021
Propel Friday News Briefing
Trade bodies join forces to tell government the sector’s ability to be at heart of recovery is in jeopardy: Trade bodies have joined forces to tell the government the sector’s ability to be at the heart of the UK’s recovery is in je … view
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Friday 4th June 2021
Trade bodies join forces to tell government the sector’s ability to be at heart of recovery is in jeopardy
Trade bodies join forces to tell government the sector’s ability to be at heart of recovery is in jeopardy: Trade bodies have joined forces to tell the government the sector’s ability to be at the heart of the UK’s recovery is in je … view
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Thursday 3rd June 2021
Hawthorn ‘expectations exceeded’ with tenanted estate trading at 98% of 2019 volumes
Hawthorn ‘expectations exceeded’ with tenanted estate trading at 98% of 2019 volumes: Pub company Hawthorn, which owns circa 700 pubs, has reported like-for-like volumes in its leased and tenanted estate are at 98% compared to the sam … view
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Thursday 3rd June 2021
Propel Thursday News Briefing
BBPA urges government to intervene as it warns of ‘serious’ staff shortages in pubs, Tim Martin refutes claims JD Wetherspoon suffering issues filling vacancies: The British Beer & Pub Association (BBPA) has warned of “serious” st … view
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Wednesday 2nd June 2021
Hot Bank Holiday produces sector sales boost
Hot Bank Holiday produces sector sales boost: Figures from S4 Labour show the hospitality sector saw a 63% jump in like-for-like sales over the most recent Bank Holiday weekend, comparing Saturday to Monday trading with the same Bank holi … view
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Wednesday 2nd June 2021
Propel Wednesday News Briefing
Nightcap appoints new managing director to drive expansion of London Cocktail Club: Nightcap, the listed bar group formed by investors Sarah Willingham and Michael Toxvaerd to back the UK premium bar sector, has appointed a new managing d … view
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Tuesday 1st June 2021
Exclusive – Market Halls launches CVA proposals
Exclusive – Market Halls launches CVA proposals: Market Halls, the London-based food market hall operator, is to launch company voluntary arrangement (CVA) proposals for four group entities, Propel has learned. Try Market Halls, (TMH), Try M … view
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Tuesday 1st June 2021
Propel Tuesday News Briefing
Operators urged to support new sector campaign demanding government removes all remaining covid restrictions this month: A campaign urging the government to remove all remaining covid restrictions on the sector this month has been la … view
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Tuesday 1st June 2021
Operators urged to support new sector campaign demanding government removes all remaining covid restrictions this month
Operators urged to support new sector campaign demanding government removes all remaining covid restrictions this month: A campaign urging the government to remove all remaining covid restrictions on the sector this month has been launched by … view
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