Scottish & Newcastle to roll out themed pubs
Tuesday 03 December 1996
The group plans to promote its Chef & Brewer chain as upmarket pub-restaurants and develop 35 outlets by the end of this year with a target of 150.
The Barras & Co community pubs will also be rolled out over the next two years after successful trials in the North and South-east. There are currently 24 of these bars with 10 more planned by the end of the year.
Scottish & Newcastle made the announcement yesterday, as it unveiled better-than-expected results for the six months to 27 October. Pre-tax profits rose by 26 per cent to pounds 195m boosted by strong performances from the brewing division Scottish Courage. The figures, which included a full contribution from last year's Courage acquisition, were supported by improved margins on the group's main brands such as John Smith's, Theakston's and McEwans.
Scottish & Newcastle's figures were achieved in spite of another poor performance at Center Parcs where profits fell from pounds 171m to pounds 164m. Management said consumer confidence was improving in some countries such as Germany which was helping bookings. Brian Stewart, chief executive, denied the division was for sale but said: "Everything is for sale at a price."
Scottish & Newcastle's group sales were 24 per cent higher at pounds 1.66bn in the period. The shares reacted positively, rising 22p to 661p.
Investment column, page 20
Jo from Northern Ireland was less than impressed by Russell Brand's attempt to stage a publicity stunt
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
iJobs Money & Business
£40000 - £470000 per annum + bonus: Ashdown Group: Java Developer / J2EE Devel...
£45000 - £55000 per annum + Benefits: Ashdown Group: An exciting opportunity h...
$125 - $175 per annum: Carlton Senior Appointments: Senior Wealth Manager In...
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...