'£2m bar tab blow'

By James Wilmore

- Last updated on GMT

Related tags Enterprise inns Celtic f.c. Rangers f.c.

Pub group giant Enterprise Inns is losing £2million in revenue a month as boozers go to the wall. The group tallied the grim bar bill yesterday as...

Pub group giant Enterprise Inns is losing £2million in revenue a month as boozers go to the wall. The group tallied the grim bar bill yesterday as it revealed "business failures" were up 50 per cent on last year. Enterprise, which has sold off 277 pubs so far this year for £84million, said it will flog even more in 2010 to cut debts. In February it hiked up the beer prices it charges tenants by six per cent. Shares dropped 10p to 126 - The Sun

The price of a bottle of wine has soared by up to 44p in the past 12 months, figures showed yesterday. The increase, which was the biggest for years, was mainly down to tax rises, it is claimed - Daily Mail

The Old Firm reacted angrily last night to a new television deal agreed by the Scottish Premier League. The five-year contract between the SPL and TV companies British Sky Broadcasting and ESPN is worth £65 million to the league's 12 member clubs. But Celtic chairman Dr John Reid believes the deal means a possible multi-million-loss to Scottish football - The Scotsman

Britain is to support a ban on international trade in blue-fin tuna after a high-profile campaign by film stars such as Greta Scacchi, Sienna Miller and Charlize Theron. Huw Irranca-Davies, the Fisheries Minister, who met Ms Scacchi recently, said that Britain was joining France and Monaco in calling for the fish to be listed on the Convention for International Trade in Endangered Species (Cites) - Times

Joe Lewis, the reclusive billionaire, yesterday won the first round of a power struggle at Mitchells & Butlers (M&B), snatching a seat on the board of the embattled pub chain. Mr Lewis took a 22.9 per cent stake in the company, allowing him to nominate Richard McGuire, a long-standing ally and former Citigroup banker, to join the board of the owner of Harvester, All Bar One and O'Neill's - Times

Related topics Other operators

Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

Follow us

Pub Trade Guides

View more