Companies

Martin: tenants pay too much for beer

Martin: pubco model is unsustainable

By John Harrington

JD Wetherspoon chairman Tim Martin says the pubco model is "unsustainable" because tenants are charged too much for beer. Tenants can't compete with...

Fair Pint: pubs are safe if under a lease

Fair Pint: pubs safe if pubco goes under

By Ewan Turney

The Fair Pint campaign has re-assured tied lessees that they won't lose their pubs if their pubco goes in to administration. As the economic climate...

Townsend: protest is not the right way to conduct a business relationship

Enterprise: dialogue better than protest

By Ewan Turney

Enterprise chief operating officer Simon Townsend said he would be "very disappointed" if any of its lessees attend a planned protest without first...

JDW: taking a cautious approach

JD Wetherspoon suspends dividend

By Ewan Turney

JD Wetherspoon has suspended future dividend payments to shareholders and decided to "substantially" reduce its capital expenditure programme on new...

Protest will be led by Inez Ward (second from left) and other Fair Pint members

Punch to welcome protesters at HQ

By Ewan Turney

Punch Taverns will welcome any of its lessees attending the protest outside its HQ next week in for a coffee and a chat. Frustrated licensees are...

Government code could increase closures

Pub crisis: 39 close every week

By Ewan Turney

Pubs are now closing at the rate of six every day and more will follow if the Government presses ahead with plans for a mandatory code on alcohol...

Linacre: pubcos need operators now more than ever

Take a leaf out of the Pythons' book

By Peter Linacre

It might not seem it, but these might be the very best of times for operators looking to seize opportunities, says Peter Linacre.

Sir Robert Peel: Surrey pub is run by Mark Pester

Punch licensee's rent victory

By John Harrington

Punch Taverns is thought to have agreed to reduce a licensee's rent and offered discounts of £12,505 a year after proposing a 51% rent increase.

Protz: sorry to see Stag brewery close

The rise and fall of the Stag

By Roger Protz

The demise of the Stag Brewery has evoked mixed feelings among the cask fraternity, says Roger Protz.

Pubcos: claim they have acted after TISC

Pubcos: case for the defence

By John Harrington

Pubcos defended their treatment of tenants and rejected calls for the beer tie to be scrapped during a heated hearing in December.

Punch: suffered share price decline

Analyst: Punch shares could hit 10p

By Ewan Turney

Punch's day of woe finished with share prices reaching an all time low of 39.75p — a drop of over 30% — one analyst warned they may hit 10p.

Red-tape could force live music out of pubs (photo: Ymmit Photography)

Fight against pub music red-tape

By John Harrington

Campaigners in London are fighting police calls for licensees to provide detailed information every time a live music event is staged.

Thorley: trading extremely challenging

Punch: profits down 12% at leased pubs

By Ewan Turney

Profit from Punch's leased and tenanted pubs plummeted 12% on last year for the 20 weeks to 10 January. Britain's largest pubco said trading...

Staughton: major investment for St Austell

St Austell opens distribution centre

By Ewan Turney

Cornish brewer St Austell opened its new distribution centre today, which will supply over 2,000 pubs, clubs and hotels in the region. The purpose...

Marston's: extension to facilities agreed

Marston's extends banking facilities

By Ewan Turney

Super-regional brewer and operator Marston's has agreed an extension to its banking facilities until August 2013. The facility, agreed with a...

Consumers ate out less in run-up to Christmas

Average pub meal spend down 8.6%

By Ewan Turney

The average spend per head on pub meals dropped 8.6% on last year to £13.42 in the run-up to Christmas — a level not seen since December 2003 —...

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