Punch ups tenant support as beer volumes drop 12%
A total of 1,200 Punch licensees are currently receiving special support from the company at a cost of £1.6m a month, the pubco says.
Archives for January 14, 2009
Coors aims to get 1m people back in pubs
Coors is to splash out over £10m in a bid to get one million people back in pubs in 2009. The brewer has promised to double last year's £5m...
Licensee to raffle £350,000 freehouse
A licensee has launched a raffle with a pub as the star prize after trying to sell the lease for more than a year. Oceans Inns Company Ltd is giving...
Cautious welcome for £20bn loans lifeline
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,...
New code could cost trade £167m
The drinks industry faces being hit with total first-year costs of £167m to comply with a mandatory code of practice, according to the government's...
'One in four pubs pull out of Sky deals'
According to the Association of Licensed Multiple Retailers (ALMR), a quarter of UK pubs have cancelled their Sky subscription. Sky generates an...
Spirit will not match Wetherspoons' 99p pint deal
Spirit, the managed division of Punch Taverns, will not respond to the 99p-a-pint offer from JD Wetherspoon, according to boss Mike Tye. The company...
Festive boost for pubs but fears for the future
Britain's pubs and bars enjoyed a welcome Christmas boost but there are fears the year ahead could be dire, according to a poll of ALMR members.
Licensees slam events red-tape
Licensees in London are fighting police efforts to have details of every live music or entertainment event staged in a pub recorded in a bid to step...
Pub training costs could top £151m under new plan
The Government could force all bar staff to go through official training qualifications, costing the industry up to £151m in the first year. Under...
The four-pack
When Miller Brands announced its Miller Beer was to be pulled out of the UK early this year, citing strong competition among lagers with an ABV...
Booker invites pubs to 'thank you' event
Booker is kicking off 2009 with a two-day 'thank you' to customers.On January 22 and 23, the cash and carry group will empty its head office, with...
Fight against pub music red-tape
Campaigners in London are fighting police calls for licensees to provide detailed information every time a live music event is staged.
Punch Taverns sees leased pub profits fall 12 per cent
Profits across Punch Taverns' leased and tenanted pub estate have slumped 12 per cent in recent months, despite "improved trading" over Christmas.The...
Morrissey and Fox link with Comic Relief
Celebrity brewers and licensees Neil Morrissey and Richard Fox are working together for Red Nose Day 2009 - and will be donating a slice of the...
Punch: profits down 12% at leased pubs
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...
Christmas cheer for managed operators
Managed operators enjoyed brisk business over the festive period - with nearly 60 per cent reporting a rise in like-for-like sales pre and...
Mandatory code based on KPMG report
The Government's proposed mandatory code — set to cost the industry over a whopping £160m — is largely based on the KPMG report widely...