What the papers say - June 5, 2007

Middle-class wine drinkers will be the focus of government plans to make drunkenness as socially unacceptable as smoking, The Times has learnt. Under the plans published today, a fresh audit is to be conducted by the Government into the overall costs of alcohol abuse to society and the National Health Service - The Times​

The Capital Pub Company, the operator of 23 unbranded freehouses in London, completed an AIM listing valuing the company at £32.3 million, or £62.3 million including net debt - The Times​

The government is coming under increasing pressure to consider a 9pm watershed ban on television advertising of junk foods, as high-profile politicians join a campaign pushing for stronger restrictions. Harriet Harman, the justice minister and one of the contenders for the deputy leadership of the Labour party, has agreed to support the Television Advertising (Food) Bill, which will be debated in the House of Lords on Friday - The Financial Times​

A crackdown on illegal raves to prevent "irreparable damage to the countryside" during the summer festival season was launched last night by the Local Government Association. It urged local authorities to scan MySpace and internet message boards to gather intelligence of plans for illegal raves. Council staff should also visit pubs and clubs to pick up flyers advertising such events - The Guardian​

The hotel, pub and coffee shop group Whitbread fell 8p to £18.90. The company could give back up to £450m to investors following the £925m sale of its David Lloyd leisure centres. But it also hinted it might use the money for acquisitions, with the Jurys Inn chain a possible target - The Guardian​

The chief executive of Coca-Cola will today pledge to replace "every drop" of water used by the soft drinks company through a multi-million-dollar programme that will reflect the environment's growing prominence on the agenda of the world's biggest corporations. Neville Isdell will use a visit to Beijing to launch a global partnership with the conservation charity WWF that is likely to become one of the most significant "corporate citizenship" initiatives yet developed - The Telegraph​

Pubs should put up posters displaying the number of units in alcoholic drinks, doctors said yesterday. And restaurants should print the same information on their menus to help customers drink sensibly - The Mirror​, Daily Express ​