Punch Taverns annual profits down nearly a third
14-Oct-2009 By Hamish Champ
Punch Taverns today reported a 31 per cent slump in annual pre-tax profits and said the state of the economy and other factors meant it has knocked...
14-Oct-2009 By Roger Whiteside
Roger Whiteside took over as boss of Punch's leased division a year ago. He talks about what he has discovered — and the way forward. I joined...
14-Oct-2009 By Ewan Turney
Punch Taverns has set itself the goal of becoming the "most trusted and best value" pubco in the UK. The pubco said that it had continued to evolve...
14-Oct-2009 By Ewan Turney
Punch Taverns has taken a £663m write-down on the value of its leased and managed pub estate. The pubco recognised impairment losses of £483.4m in its leased estate and £179.7m in its managed estate.
Punch Taverns spends £100m on debt buyback
12-Oct-2009 By Hamish Champ
Punch Taverns, which will this week announced its annual results, revealed it had spent around £100m buying back debt relating to its Punch 'B'...
'Punch Taverns looking at £600m pub writedown'
11-Oct-2009
"Punch Taverns is expected to write down the value of its real estate by as much as 10pc - around £600m - as declining earnings drag down the value...
Punch licensee roadshows kick-off today
06-Oct-2009 By James Wilmore
Punch Taverns is today launching a series of UK-wide roadshows aiming to give its licensees "ideas and support to help them make a difference". This...
02-Oct-2009 By Gemma McKenna
The trespass row between host George Scott and Punch Taverns has ended, with the judge returning the lease into Scott's name. Scott, licensee of the...
21-Sep-2009 By Gemma McKenna
A Brighton couple have snapped up a bargain Punch freehold in Lewes — paying £125,000 less than originally advertised. Dominic McCartan and Tony...
Punch's progress
12-Sep-2009 By Hamish Champ
It's not to everybody's liking but Punch Taverns operations director Kevin Georgel claims to enjoy getting up in the morning. Given the state of...
04-Sep-2009 By John Harrington
Punch says it has taken "huge strides" in its approach to health and safety after pleading guilty to serious breaches of fire safety legislation at a...
Punch Pub Company to get major revamp
03-Sep-2009 By Hamish Champ
Mike Tye, boss of Punch Taverns' managed pub assets, is going for an all-out revamp of the group's 800-odd sites as part of a multi-million pound...
03-Sep-2009 By Ewan Turney
Punch has been ordered to pay £17,000 in fines and costs after pleading guilty to serious breaches of fire safety legislation. Punch Pub Company's...
02-Sep-2009 By Ewan Turney
A pair of former Punch tenants believe they will be £30,000 a year better off after buying the freehold of their pub. Business partners Joe Cussens...
01-Sep-2009 By The PMA Team
Punch Pub Company, the managed arm of Punch Taverns, is trialling several different concepts to plug gaps in its portfolio.
01-Sep-2009 By The PMA Team
Punch Taverns has begun to stop rentalising machine income in a move that will boost pub income for licensees by around £1,250 per annum. The...
Punch hoping for record turnout to lessee roadshows
01-Sep-2009 By Hamish Champ
Punch Taverns is hoping up to 3,000 of its lessees will attend its programme of roadshow events to be held later next month. Punch operations...
'Punch set to overhaul Spirit pubs'
30-Aug-2009
"Punch Taverns is planning an overhaul of Spirit, its managed pubs arm, home to brands including Chef & Brewer, in its quest to raise funds and...
25-Aug-2009 By Ewan Turney
Punch Taverns has reduced its net debt by £1bn or 23% since the beginning of the year, chiefly due to raising £400m through pub disposals. The...
21-Aug-2009 By Ewan Turney
The GMB union has accused the BII of "washing its hands" of a Peak District tenant's dispute with Punch Taverns. It claims that tenant David...
20-Aug-2009 By The PMA Team
Analysts at KBC Peel Hunt report that Punch finance director Phil Dutton has given them a "remarkably sanguine" account of progress against its...
19-Aug-2009 By The PMA Team
The GMB union has called on the British Institute of Innkeepers to strip Punch Taverns of membership over its treatment of Peak District tenant. It...
17-Aug-2009 By M&C Report
Altium Securities has recommend Punch Taverns as a high-risk investment and said recent disposals had given it a lifeline.
17-Aug-2009 By The PMA Team
Red Mist Leisure, the Surrey-based group, has bought three pubs it leased from Punch Taverns for an undisclosed sum. Christie + Co's Winchester...
13-Aug-2009 By The PMA Team
InnBrighton, operator of 42 licensed premises in the city of Brighton and Hove, has acquired four freehold pubs from Punch Taverns. The operator...
13-Aug-2009 By The PMA Team
Bravo Inns, the Northern England based pub group, has acquired two pubs from Punch Taverns, bringing its total estate to 21 pubs. The pubs, which...
12-Aug-2009 By John Harrington
Punch is looking to recruit up to 100 people in its managed pubs division including chefs and kitchen managers.
10-Aug-2009 By Gemma McKenna
Joule's Brewery has bought two more pubs from Punch Taverns, bringing its estate to 16 sites. Joule's has now acquired five pubs from Punch. The...
06-Aug-2009 By The PMA Team
Punch Taverns could sell as many as 3,000 pubs by the end of 2012, a top City analyst has forecast. Douglas Jack, of Numis Securities, says that he...
31-Jul-2009 By Ewan Turney
Punch has launched a new e-learning programme for its managers and their staff using e-learning, DVDs and coaching.
Punch Taverns' pub sale 'window' set to close
23-Jul-2009 By Hamish Champ
Punch Taverns is set to close the 'window of opportunity' that has enabled hundreds of its lessees to lodge successful bids for their pubs, the group...
Indigo Leisure buys Punch freehold
20-Jul-2009 By Gemma McKenna
Brighton-based Indigo Leisure has bought the freehold of one of its Punch pubs. Barclays Commercial Bank provided funding of £700,000 for the purchase for the Star & Sailor.
20-Jul-2009 By Gemma McKenna
A Punch lessee from Buckinghamshire has bought her pub's freehold for 20% under its market value.
Punch boss: 'Make us work harder'
15-Jul-2009 By Matt Eley Matt
The man in charge of 1,600 Punch Taverns pubs in the North East of England has urged licensees to demand more from their relationship with the...
14-Jul-2009 By The PMA Team
A City analyst has estimated that Punch Taverns has raised around £220m from disposing of 298 pubs so far this year. Geof Collyer, of Deutsche...
13-Jul-2009 By The PMA Team
The former Spirit pubs are all in London and the deal brings Geronimo's estate to 27 sites.
13-Jul-2009 By The PMA Team
Punch Taverns is enjoying improved managed division margins and should be able to reduce its overall debt by at least £1.3bn in the coming two...
Geronimo Inns buys six pubs from Punch Taverns
13-Jul-2009 By Hamish Champ
In a long-awaited deal London pub operator Geronimo Inns has acquired six sites from Punch Taverns for an undisclosed sum. The pubs, currently part...
09-Jul-2009 By John Harrington
Punch has added new meal options to its cut-price food deal for tenants at set prices of £1.99 and £4.99.
09-Jul-2009 By Jo Bruce
A Punch Taverns inn is offering customers the chance to use discount vouchers from other restaurant chains. The Greswolde Hotel in Knowle High...
Punch says it will attend Fair Pint summit
08-Jul-2009 By Matt Eley Matt
Pubco giant Punch Taverns has confirmed it will be represented at an event organised by anti-beer tie campaigners next week. Fair Pint has invited...
29-Jun-2009 By Ewan Turney
Anti-pubco lobby group Fair Pint has invited Punch and Enterprise to a summit meeting to discuss a way forward for the pub industry following the...
25-Jun-2009 By Gemma McKenna
More than 80 Kent villagers have clubbed together to save their local pub — the 400-year-old Farriers Arms in Mersham.
19-Jun-2009 By The PMA Team
New Punch boss Roger Whiteside has given the sector's first indication of how a post-Bec tenanted pub company will look. The PMA Team gives it the once-over.
19-Jun-2009 By The PMA Team
Realpubs have acquired five freehold London pubs from Punch Taverns in a deal estimated to be worth under £10m. The company has bought the freehold of two Punch pubs it currently leases plus three more sites.
Realpubs snaps up three Punch Taverns freeholds
19-Jun-2009 By Hamish Champ
London pub operator Realpubs has bought three Punch Taverns freeholds for an undisclosed sum.In addition to the three sites private equity backed...
Punch sells nine pubs to Charles Wells
18-Jun-2009 By John Harrington
The latest sell-off by Punch sees Charles Wells add 26 pubs to its estate in the past six weeks.
18-Jun-2009 By Gemma McKenna
A Punch host about to be kicked out of his pub for "trespassing" as his name was incorrect on the lease has won a reprieve. Roger Whiteside, MD of...
Punch Taverns invites bond holders to sell up
16-Jun-2009 By Hamish Champ
Punch Taverns has invited holders of its 2010 convertible bonds to sell their holdings back to the company for 97 per cent of their par value, plus...
15-Jun-2009 By The PMA Team
Punch has confirmed that it will be backing a range of recommendations contained within the highly critical BEC report.
