Financial

Buck up banks: MA is urging banks to start lending to pubs

Trade takes banks to task over credit

By John Harrington

The MA has teamed up with trade groups and campaigners to lobby banks to start lending to pubs again. A letter, drafted by the MA, has been sent to...

Martin: impressive witness

City Diary: Van de Berg special

By The PMA Team

The PMA Team looks at some highlights of JD Wetherspoon's recent court victory over its former property agent Van de Berg.

MA campaign calls for banks to lend to pubs

HSBC U-turn for host refused loan

By John Harrington

HSBC has temporarily reduced payments on a pub's mortgage after the licensee confronted a divisional manager at a local banking summit for small...

Gordon Brown

PM says bank should help host

By John Harrington

A licensee is reapplying for business loans under a Government-backed scheme - on the personal advice of Gordon Brown. In a move that could offer...

Payne: offers are here to stay

Payne: 'pub discount deals here to stay'

By Andrew Pring

Heavy discounting of pub food and drink will be a permanent feature of trade, says Ian Payne, chairman of Town & City and Bay Restaurants....

Shannon Wells

Host's £37,000 water bill

By Gemma McKenna

An Enterprise Inns lessee is locked in dispute with Southern Water after receiving a £37,000 bill. The case raises the question of who is...

Slee: pubs are the UK's favourite place

What do we mean by 'value for money'?

By Andy Slee

While there are some rocky roads ahead, we can learn from the experience of others in laying the foundations for future prosperity, says Andy Slee.

Pring: companies everywhere are desperately trying to slough off under-performing pubs

Banks hold the key to sell-off

By Andrew Pring

Punch may want to reinvent its business model, but it needs to be realistic about pub sale prices — and banks need to start lending to licensees.

Banks are not lending to pubs, say MA readers

Fury at banks' 'anti-pub policy'

By John Harrington

Angry licensees have slated major high-street banks for saying that they won't lend to pubs — MA inundated with complaints from licensees looking for credit.

Robert Tchenguiz

Payne: Business as usual

By The PMA Team

As news emerged of fresh problems with the tangled finances of a Robert Tchenguiz-linked company, his managed pubs chairman Ian Payne has insisted...

Adnams: beer sales fell 6% last year

Adnams warns on 2008 profits

By The PMA Team

Suffolk brewer and retailer Adnams has warned that its 2008 profits would be "substantially" lower than 2007 due to falling sales as a result of the...

Government code could cost pubs £1,100 each

The £1,100 'bad boy' tax

By John Harrington

New restrictions on how licensees sell alcohol, which could come into force from July, will pile fresh pressures on pubs and dramatically accelerate...

Pring: pubcos should share in their licensees' fortunes, be they up or down

Bespoke prices would suit all

By Andrew Pring

Licensees can't do it on their own — they need flexibility from their pubcos to rival the big managed operators, says Andrew Pring.

Mandelson: pledge to help small businesses

Cautious welcome for £20bn loans lifeline

By John Harrington

A trade leader has given a cautious welcome to new Government plans to guarantee up to £20bn of loans to help small firms. The new measures,...

Bank of England has cut rates again

Interest rates cut to all-time low

By Ewan Turney

The Bank of England has cut interest rates by a further 0.5% to 1.5% — the lowest in its 315-year history. The historic move is designed to spark...

Bank of England has cut rates

Interest rates cut to 2%

By Ewan Turney

The Bank of England has cut interest rates by a further 1% to 2% — its lowest since 1951. The historic move is designed to spark growth in the...

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Trust Nightclub - Friars Gate, Warrington

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Friars Gate, WarringtonLocated in the Heart of the Town Centre Nightclub Circuit6AM Licence on Friday & SaturdayClose Proximity to UniversitySeparate Floors AvailablePotential to Split Subject...

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