Punch Taverns offers to buy back chunk of securitised bond
01-Oct-2008 By Hamish Champ
Punch Taverns is today offering to buy back a chunk of its 'A' securitisation bond vehicle as a way of freeing up cash for the business.The...
01-Oct-2008 By Mark Stretton, M&C Report
Shares in Punch Taverns have this morning jumped 30% after it announced plans to repay a tranch of debt to some of its bondholders.
29-Sep-2008 By Ewan Turney
Punch boss Giles Thorley has denied claims that the pubco is struggling to let pubs despite a weekend report that around 1,400 of its pubs are looking for new tenants.
Punch Taverns' shares slide as pubco denies letting issue
29-Sep-2008 By Hamish Champ
Shares in Punch Taverns continued to slide today after weekend press reports suggested a fifth of the pubco's outlets were awaiting tenants.After...
'Punch Taverns dismisses claims it is struggling to find licensees'
28-Sep-2008
Pressure is mounting on Punch Taverns after it emerged that almost one in five of its tenanted public houses is looking for a new licensee. Punch has...
26-Sep-2008 By Ewan Turney
Punch shares took a further battering yesterday as they slumped to another record low finishing at 172p a share — their lowest since flotation in May 2002 and a significant decline from the peak of £13.23.
25-Sep-2008 By Ewan Turney
Punch Taverns has unveiled a new discount scheme to help tenants fight back against cheap drinks deals from managed houses — with the scheme already in place at around 300 pubs.
'Punch Taverns chief adds to pressure on Alistair Darling'
04-Sep-2008 By James Wilmore
Giles Thorley, chief executive of Punch Taverns, has backed calls for Chancellor Alistair Darling to resign. "This week we've had [Darling's] worst...
03-Sep-2008 By The PMA Team
Rent concessions have also increased to £6m, the pubco announces
Punch boss wants "quick and decisive" BEC review
03-Sep-2008 By Matt Eley Matt
Punch Taverns owns 7,560 pubs across the country. The vast majority of licensees running those pubs are 'tied' to the pubco. Here leased division...
Pub stocks tumble after Punch's dividend cut
03-Sep-2008 By Hamish Champ
Shares in listed pub companies lost all of the gains they made yesterday - and then some - after Punch Taverns announced it was freezing its final...
Punch Taverns does dividend u-turn
03-Sep-2008 By Hamish Champ
Punch Taverns is to withhold its final dividend for the 2008 financial year, citing the needs to pay off some of its debt and invest in its pubs,...
28-Aug-2008 By The PMA Team
Punch Taverns has officially launched the latest batch of 50 pubs it is converted from managed to lease through agent Christie & Co. The pubs,...
Punch licensees given online help
26-Aug-2008 By Matt Eley Matt
Punch Taverns is attempting to help licensees drive trade at its 8,400 pubs by revamping the website it provides for them. The site has had a name...
15-Aug-2008 By Ewan Turney
Punch Taverns is to provide Energy Performance Certificates (EPC) for 800 of its leased pubs in a bid to cut carbon emissions by 17% by 2010.
Punch agrees deal for greener future
15-Aug-2008
Punch Taverns has inked a multi-million pound deal to help reduce the carbon emissions across its portfolio of pubsThe company has teamed up with a...
07-Aug-2008 By John Harrington
Enterprise and Punch have told the anti-pubco Fair Pint campaign they will not meet the group before the Parliamentary inquiry into pub companies,...
24-Jul-2008 By Paul Collins
Punch Taverns says it is focusing on small and rural pubs in attempts to get reductions on business rates. These pubs have been hit hardest by the...
Mark Daniels: "It's amazing that Phil Spencer and Kirsty Allsop haven't actually punched any of their clients in the face, very hard.
21-Jul-2008
I appreciate that they are going to choose those who will make a much more entertaining programme than somebody who's happy with a three-bed semi on...
Punch's shares take roller-coaster ride
17-Jul-2008
It's very hard to fathom why Punch's shares have hit such ridiculous highs and lows in the same year, says The PMA Team Share values are hard to get...
City analyst calls for cut in Punch Taverns' dividend
17-Jul-2008 By Hamish Champ
Punch Taverns should cut its dividend payment to help pay off some of its debt, a City analyst said today.Punch's shares have fallen sharply in value...
15-Jul-2008 By Ewan Turney
Punch Taverns is offering licensees a new training course to help licensees combat the 8.6% decline in beer sales over the last year. The Profit...
S&NUK's price rises hit Punch pubs this week
10-Jul-2008 By John Harrington john.harrington@william-reed.co.u
Pubco's deal means increases are delayed Punch licensees face higher charges for beer and cider from this week. Scottish & Newcastle UK's...
09-Jul-2008 By Ewan Turney
Britain's biggest pubco Punch Taverns has begun work on its new eco-friendly HQ in Burton-on-Trent. Chief Executive Giles Thorley dug the first...
Punch Taverns shares continue to fall over debt fears
08-Jul-2008 By Hamish Champ
Punch Taverns' shares fell nearly seven per cent this morning, wiping out gains made after yesterday's debt update with City pub watchers.Pressure on...
Punch Taverns' shares bounce back on debt reassurances
25-Jun-2008 By Hamish Champ
Punch Taverns' shares bounced by more than four per cent this morning after yesterday's reassurances that its debt position was secure.The group's...
25-Jun-2008 By Ewan Turney
Britain's biggest pubco believes it can convert to tax efficient status
REITdom beckons for Punch Taverns
24-Jun-2008 By Hamish Champ
Punch Taverns said today it believed it could become a real estate investment trust (REIT) and continue to own and control its existing pub estate....
Punch licensees abandoning Sky
12-Jun-2008
Licensees have been increasingly abandoning Sky TV, a survey of more than 4,000 Punch Taverns licensees has revealed.The poll shows that between 2003...
Punch Taverns postpones debt re-jig
05-Jun-2008 By Hamish Champ
The credit crunch has forced Punch Taverns to abandon its attempt to amend the redemption terms of its Spirit debenture bonds.The move, which Punch...
04-Jun-2008 By The PMA Team
A sale of Punch Taverns managed division Spirit is now even less likely after a move to refinance was pulled, according to a City analyst. This...
Punch Tavern, Fleet Street, London
01-Jun-2008
Located at the heart of London's legal district, the Punch Tavern is frequented by the many local suits working nearby. However, with no outdoor...
Punch treats top hosts to day of fun
29-May-2008 By MA Reporter
Shine winners receive reward at royal palace Punch Taverns has rewarded the cream of its pub estate in royal fashion with an evening of celebration...
27-May-2008 By MA reporter
It will be harder to generate sales from Euro 2008 with no Home Nations involved but it won't be impossible. You just need to be more creative and...
07-May-2008 By Ewan Turney
Former Punch licensee locks himself in pub over F&F dispute with pubco
Packing A Punch
02-May-2008 By Hamish Champ
Many believe Punch Taverns' size and dominance of the leased pub sector effectively renders the group the industry's 'belweather'. Such people would...
Kemp outlines new Punch culture
01-May-2008
The head of Punch's tenanted division deserves credit, says The PMA Team Deborah Kemp, boss of Punch Taverns' tenanted division, stepped into the...
30-Apr-2008 By MA reporter
Loyalty schemes can have a major impact on sales, especially if you use them to drive footfall during quieter trading periods. For example, if you...
24-Apr-2008 By Ewan Turney
Britain's largest pub company moves to ban Alistair Darling from all of its 8,449 pubs following his devastating budget
24-Apr-2008 By The PMA Team
Punch tenanted boss admits the company had had credibility issues with licensees over some of its BDMs not being good enough
24-Apr-2008 By Ewan Turney
The average Punch tenant makes a profit of £40,000 a year, pubco says
Punch says Spirit sale is 'no solution' to M&B's ills
24-Apr-2008 By The PMA Team
Talks on takeover of managed division end in acrimony M&B issues coded rebuke to Punch for failure to explore potential Spirit sale The...
Punch pledges support for licensees
24-Apr-2008
The managing director of Punch Taverns has defended what she said was a widely-held bad opinion of the company but admitted that it still had a lot...
Number of closed Punch pubs "marginally higher
24-Apr-2008 By Hamish Champ
Despite the licensed trade experiencing the toughest trading conditions in years, the number of closed pubs across the Punch Taverns estate was only...
Rent concessions rise at Punch Taverns
24-Apr-2008 By Hamish Champ
Punch Taverns, the UK's largest pub operator, has had to increase the number of rent concessions it offers its licensees as market conditions...
18-Apr-2008 By The PMA Team
Punch Taverns has rebuffed an approach by M&B to buy Spirit
M&B's coded rebuke to Punch
18-Apr-2008 By The PMA Team
Mitchells & Butlers has issued a coded rebuke to Punch for not exploring properly the possibility of a sale of its Spirit managed division. The...
'Punch ends talks with rival M&B'
18-Apr-2008
The board of Mitchells & Butlers is set to come under renewed shareholder pressure after Punch Taverns abruptly ended all contacts with its UK...
17-Apr-2008 By The PMA Team
Punch begins eight week support drive to help licensees
M&B eyes Punch's Spirit pubs
17-Apr-2008 By The PMA Team
Mitchells & Butlers (M&B) has turned the tables on Punch Taverns by suggesting it buys its managed-pub division, Spirit. The company is in...
