Archives for June 14, 2009

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UK economic recovery unlikely before 2010

By Hamish Champ

The UK economy may be stabilising, but according to industry body the CBI it will not show real signs of recovery until next year.The organisation...

Profile: Anything goes at Monin

Bourges in France has many things to be proud of. For example, residents of the medieval town, which was the French capital in times gone by, like to...

Punch Taverns hoping to raise £350m

By Ewan Turney

Punch Taverns has announced its intention to raise £350m via a firm placing and an open offer of new ordinary shares and use the cash to make a...

Punch to ditch restrictive covenants

By Hamish Champ

Punch Taverns will attend this weeks ALMR 'mediation' meeting armed with a range of proposed amendments to its lease agreements, including removing...

Wine needs younger drinkers

More young drinkers must be recruited into wine in order to arrest declines in the market, according to a new report.Research from Mintel has...

Punch: leased and managed divisions stable

By The PMA Team

Punch Taverns has reported that it has stabilised performance in both its leased and managed division for the 40 weeks to 30 May. Like-for-like...

Punch makes BEC promises

By The PMA Team

Punch has confirmed that it will be backing a range of recommendations contained within the highly critical BEC report.

Pubwatch bans back in High Court

By MA reporter

The legality of Pubwatch bans face further examination as a second legal challenge got underway in the High Court today. Drinker Francis James Boyle,...

Thorley: 300 hosts lined up to buy pubs

By The PMA Team

The number of individual Punch licensees who end up buying their pub is likely to end up well in excess of 300. This morning, Punch said there were around 300 deals either complete or going through legals.