Potential buyers negotiate for Massive

Administrator for Massive, David Thurgood, said he was in exclusive negotiations with a potential trade buyer for the remaining outlets. Swallet...

Administrator for Massive, David Thurgood, said he was in exclusive negotiations with a potential trade buyer for the remaining outlets. Swallet Management Solutions, run by Derek Parfitt, who used to work at the Magic Pub Company, is thought to be the frontrunner and is reported to have offered £9m. Massive's founder, Peter Linacre, is also rumoured to have shown an interest in bidding for some of the pubs - The Guardian

The first national crackdown on teenage street drinking has resulted in almost 45,000 pints being seized from thousands of children across the country in only 14 days - The Telegraph

Mitchells & Butler, which owns the O'Neills and All Bar One chain of pubs, on Wednesday attacked recent increases in excise duty on beer and spirits and said it would add to the industry's current difficulties - FT

With the IMF yesterday estimating losses at $945bn and Halifax reporting house prices falling at their fastest rate since the early 1990s, it will not be long before the credit crunch affects all of us- The Guardian

In the Apprentice this week the teams the task of running a pub kitchen for the night- the catch is that the pubs have never served food before- The Sun

Four out of 10 Brits have grown their own vegetables to cut food bills and get better-tasting nosh, a survey reveals- The Sun

A beer company is to remove its logo from children's replica football shirts as part of efforts to promote responsible drinking. Carling, which sponsors Celtic and Rangers, will take its name off child-sized shirts from next season- The Scotsman

First Tibetan exile groups attacked Coca-Cola for sponsoring the Olympic torch relay. Now the soft drink company is under fire from Chinese nationalists boycotting the brand after a blogger claimed one of its adverts supported Tibetan independence - The Guardian

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