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Revolution Bars Group

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Nightcap weighs up options for possible Revolution Bars deal

02 May 2024 by

Revolution Bars Group has confirmed speculation that it has met with rival bar chain Nightcap about a possible deal for the business.

News

Revolution Bars postpones general meeting to 'explore strategic options'

30 April 2024 by

Revolution Bars Group has postponed its upcoming general meeting to “provide additional time to fully explore all its strategic options”.

Revolution Bars to close 18 sites under proposed restructuring plans News

Revolution Bars to close 18 sites under proposed restructuring plans

11 April 2024 by
Revolution Bars' shares suspended from trading with future uncertain News

Revolution Bars' shares suspended from trading with future uncertain

02 April 2024 by
Revolution Bars considering ‘all options available’ to improve performance News

Revolution Bars considering ‘all options available’ to improve performance

26 March 2024 by
Revolution Bars to ‘significantly reduce’ spending despite strong festive period News

Revolution Bars to ‘significantly reduce’ spending despite strong festive period

25 January 2024 by

Revolution Bars to shut eight sites as cost of living hits young customers News

Revolution Bars to shut eight sites as cost of living hits young customers

05 January 2024 by

Revolution Bars Group is to shut eight sites across England after blaming the cost of living[...]

Revolution Bars Group says late-night hospitality in ‘very challenging times’ News

Revolution Bars Group says late-night hospitality in ‘very challenging times’

17 October 2023 by

Revolution Bars Group has said late-night hospitality continues to face “very challenging times” as it credited[...]

Revolution Bars: Young people cutting spending makes for 'challenging' year News

Revolution Bars: Young people cutting spending makes for 'challenging' year

26 July 2023 by

Revolution Bars Group said it expects trading to remain “challenging” as younger customers cut back on[...]

Revolution to close bars Mondays and Tuesdays to save energy News

Revolution to close bars Mondays and Tuesdays to save energy

17 January 2023 by

Bar group Revolution is to close some of its sites on Mondays and Tuesdays in order[...]

News

Jubilee boosts Revolution Bars earnings past expectations

Following positive trading over the Jubilee bank holiday, Revolution Bars Group has said it is confident of delivering adjusted earnings “slightly ahead” of an expected £10m."

14 June 2022 by
KPMG fined £875,000 over Revolution Bars Group audits News

KPMG fined £875,000 over Revolution Bars Group audits

09 March 2022
by

Accountancy firm KPMG has been severely reprimanded and fined £875,000 by the Financial Reporting Council (FRC) over its audits of Revolution Bars Group for its 2015 and 2016 financial years.

Revolution reveals plans for eight sites and competitive socialising concept News

Revolution reveals plans for eight sites and competitive socialising concept

16 November 2021
by

Revolution Bars Group has revealed plans to open eight new sites across the next two financial years, with the majority expected to be delivered in the 2023 financial year.

Hopes for late surge in festive party bookings News

Hopes for late surge in festive party bookings

12 October 2021 by

Signs of a late surge in party bookings are bringing a sprinkling of festive cheer to[...]

Revolution raises £21m towards expansion, investment and reducing debt News

Revolution raises £21m towards expansion, investment and reducing debt

26 May 2021 by

Revolution Bars Group, operator of 66 premium Revolution and Revolución de Cuba bars, has raised approximately[...]

Revolution Bars Group reveals plans for two new concepts News

Revolution Bars Group reveals plans for two new concepts

13 April 2021 by

Revolution Bars Group has revealed it is developing two new concepts to “appeal to a wider[...]

Revolution Bars Group predicts boom in trade after reopening News

Revolution Bars Group predicts boom in trade after reopening

04 March 2021 by

Revolution Bars Group has announced it expects to see a ‘rapid rebound’ in trading upon reopening[...]

News

Furlough estimated to cost hospitality industry more than £542m a month

The Coronavirus Job Retention Scheme is estimated to be costing the hospitality industry more than £542m a month in National Insurance contributions, pension costs and holiday accrual."

05 February 2021 by
Revolution CEO: government’s treatment of wet-led hospitality ‘nothing short of scandalous’ News

Revolution CEO: government’s treatment of wet-led hospitality ‘nothing short of scandalous’

17 December 2020
by

Revolution Bars Group chief executive Rob Pitcher has said the UK government’s actions towards wet-led bars and late-night hospitality during the Covid-19 pandemic have been “nothing short of scandalous”.

Late-night businesses should be 'compensated' for closures, says NTIA News

Late-night businesses should be 'compensated' for closures, says NTIA

27 November 2020
by

Late-night businesses that are still unable to trade should have their losses compensated by the government, the Night Time Industries Association (NTIA) has said.

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