Thursday, March 03, 2011

Pub Chain Gone into Administration

A Northern Ireland pub chain has gone into administration just months after a sister property company was placed into receivership.

Castle Street Inns Ltd owned around six bars including the Brook Lodge Bar, Becketts and the Blackstaff as well as the Tony Romas restaurant franchise in the south of the city.

All businesses are still trading.Many pubs and restaurants have been struggling to keep afloat since the financial downturn.

Colin Neil, chief executive of Pubs of Ulster has warned that Northern Ireland will lose between 100 and 150 pubs this year.

Read more: Belfast Telegraph

No comments: