The next chapter 6 December 2019 Lexington managing director Julia Edmonds on taking the helm at the boutique caterer and her people plans for the future
In this week's issue... The next chapter Lexington managing director Julia Edmonds on taking the helm at the boutique caterer and her people plans for the future
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Regent inns shock hits pub sector

01 January 2000
Regent inns shock hits pub sector

A SHOCK profits warning last week from pub group Regent Inns sent share prices across the pub sector tumbling, with Bass down by 4.8%, Slug & Lettuce 10.8% and JD Wetherspoon 8.1%.

Airport services group Alpha Airports took a 12.6% dive following a downbeat trading statement blamed on a fall in passenger and cargo traffic from Asia.

Merchant bank Goldman Sachs put the heat on Cliveden shares, up 7.5%, after it confirmed it was in talks over a possible bid for the hotel group.

Granada Group, which has suffered falls for two weeks running, bounced back with a 7.1% lift. Shares in other hotel groups continued to drop last week while the City awaited acquisition news from both Vaux and Thistle.

Restaurant groups also slipped, with Groupe Chez Gérard down 9% and PizzaExpress down 4.8%. But shares are expected to recover after acquisition announcements by both companies this week.

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