Latest news with #Stonegate
BBC News
2 days ago
- BBC News
New owner stops time being called on troubled Gillingham pub
A Kent pub which had become associated with "serious crime" has been rescued by one regular who hopes to turn it into a family-friendly comes after the previous landlord of the Woodland Tavern on Canterbury Street, Gillingham, was ordered to hand back the reins of the venue after Kent Police accused him of failing to report violent Anderson, 44, who admitted never having run a pub before, officially became the new owner in May."I've been coming here for years and knew it was in a bad way, but I still took a chance," he said. Mr Anderson told the Local Democracy Reporting Service he overcame his initial hesitation after discussions with pub chain Stonegate last then spent months refurbishing the pub and getting acquainted with the business, alongside his new manager Kieron Else said the pair's main hurdle so far has been the pub's reputation and convincing people it has changed."I want to bring back families to the pub and get the word out to the community there's new people running the show," he said."So far the response has been really positive." In addition, Mr Anderson wants to set up a "WhatsApp pub union" in order to help out other "like-minded landlords and landladies from across Medway and Dartford".He said: "I know how difficult [running a pub] can be, so if another venue has an event coming up I'll advertise it here, and vice versa. "Similarly, if someone needs the loan of a barrel, no problem. "Pubs are a dying trade and the only way we are going to survive is if we work together."
Yahoo
2 days ago
- Sport
- Yahoo
Pub dubbed Bournemouth's 'home of live sport' offering something for everyone
'THERE's always something on to watch' at Bournemouth's home of live sports. The George Tapps is the Bournemouth Echo's pub of the week. In the heart of the town centre, The George Tapps continues to be a top destination for live sports watching, with an extensive range of games on display each day. The Stonegate-owned pub is located on Old Christchurch Road, close to many student nightlife favourites. However, the pub aims to be "50/50", welcoming locals and students alike. READ MORE: Led under the management of Richard Bannister, the pub has just invested in five new Sky Q boxes, meaning five live games can be broadcast at once. Viewers watching the Euros (Image: Richard Bannister) Richard said: "We're the home of live sport in Bournemouth. A couple of places try to copy us, but they're not quite [there]. We've always had that reputation. If we can get it on the screen, we will. "There's always something on to watch." In the last year, both the men's and women's Euros saw a huge turnout of hundreds of supporters on site to watch the nail-biting final matches. The pub has screens both inside and in its beer garden. In total, The George Tapps has 21 televisions, with four projectors for large-scale viewing and two 65-inch and 75-inch purpose-built garden TVs, which are anti-glare for outdoor viewing. The team is keen to continue offering a diverse range of live sports, from NFL to the Rugby World Cup, aside from the mainstream offering. Sport can also be watched outdoors (Image: NQ) "We've had squash, hockey, swimming. "We won't just show football, we're trying to aim for everyone", Richard said. More recently, he added, Formula One is becoming increasingly popular. While enjoying a match, customers can enjoy food from the pub's extensive menu, which offers favourites such as fish and chips, burgers and pies, as well as breakfast and a Sunday roast. Daily offers on food and drink take place every week, including Wednesday steak and a drink from £10.50, curry and a drink from £9 on a Thursday and 2-for-1 on all desserts on a Sunday. Customers can also collect points and rewards using the MiXR app, every time a purchase is made at The George Tapps. The George Tapps is open everyday from 10am to 1am.
Yahoo
5 days ago
- Business
- Yahoo
Stonegate reopens Three Horseshoes pub in Rotherham, UK after refurb
Stonegate has reopened the Three Horseshoes pub, located in the Tanyard area of Rotherham, UK, after a significant investment that led to its refurbishment. The venue, which closed for three weeks to undergo the refurb, has now created two additional employment opportunities within the community. The renovation has enhanced the pub's existing features rather than performing a complete overhaul, ensuring that the establishment retains its look. Upgrades include new lighting, carpets and an increased seating capacity, which collectively improve the ambience of the space. The pub's bar has been updated, featuring a new back bar display. The exterior has also seen a transformation, with the previous black and white colour scheme now featuring blue and white hues, and updated signage. Festive outdoor lighting also adds to the pub's exterior presence. Sports enthusiasts can enjoy the pub's high-definition screens showcasing major sporting events. The pub has also introduced a pool table and two new dartboards. The pub is dog-friendly, offering water and treats. It provides an extensive range of no and low alcohol options. The Three Horseshoes hosted a family fun day to celebrate its reopening, with entertainers, face painting and a bouncy castle. Three Horseshoes general manager Paul Corbett stated: 'I'm delighted to welcome everyone back to the Three Horseshoes following our brief closure. We've kept everything our guests know and love, while making thoughtful improvements where it was needed, and I can't wait for everyone to see the difference. 'This refresh is all about enhancing the overall guest experience, and with how much the community loves the Three Horseshoes, we're confident they'll really appreciate the hard work that's gone into the past few weeks.' "Stonegate reopens Three Horseshoes pub in Rotherham, UK after refurb" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Bloomberg
19-07-2025
- Business
- Bloomberg
The US Hiring Slowdown Is Taking a Toll on Recruiting Firms
Welcome to The Brink. I'm Georgia Hall, a reporter in New York, where I'm following the struggles of recruitment firms in the face of a US hiring slowdown. We also have news on Indonesia's state-owned airline, Stonegate, and the latest on Zayo. Follow this link to subscribe. Send us feedback and tips at debtnews@ Corporate America's hiring slowdown isn't just hurting job seekers, it's also crushing some companies meant to help people find work.
Yahoo
16-06-2025
- Business
- Yahoo
Stonegate plans job cuts as part of restructuring strategy
UK pub company Stonegate Group is set to reduce its workforce as part of a restructuring strategy following increased financial pressures. According to The Telegraph, the company, which operates 4,000 establishments across the country, including the Craft Union and Slug & Lettuce brands, has been collaborating with AlixPartners to streamline operations. While the exact number of job cuts has not been finalised, it is anticipated that up to 150 positions will be eliminated from its head office and central functions. The restructuring will not affect jobs in the pubs and bars, nor lead to any pub closures. The move follows a challenging period for the TDR Capital-owned company. Stonegate has been grappling with significant losses and a substantial debt burden nearing £3bn (around $4bn). The additional financial strain from increased taxes on UK employers in 2025 has compounded the difficulties. Despite revenue growth, Stonegate announced pre-tax losses of £257m in 2023 and £214m in 2024 respectively, due to hefty interest payments on its debts. A spokesperson explained that the job cuts are partially driven by a strategic shift from managed pubs to leased and tenanted ones, which have been more profitable recently. Managed pubs need more oversight and resources, making them less attractive for the company's current goal of returning to profitability. The hospitality sector has been hit with extra costs after UK Chancellor Rachel Reeves raised employers' National Insurance contributions and lowered the payment threshold, which has particularly impacted firms with many lower-paid and part-time workers. This will be Stonegate's second round of job cuts in two years, after making 250 redundancies in 2023. The company is also reassessing rents and supplier agreements as part of its restructuring strategy. TDR Capital previously injected £250m into Stonegate to prevent a debt default, which included refinancing that increased the cost of servicing borrowings from £301m to £450m in 2024. This refinancing allowed Stonegate to extend the repayment deadline for much of its debt to 2029 and invest more in its pubs, with AlbaCore Capital Group acquiring a stake in the process. In early 2025, the pub company announced the reopening of the Spotted Dog in Dorking, following a refurbishment investment. "Stonegate plans job cuts as part of restructuring strategy" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
