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News Article Comments : Luff gives pub trade till October to change
Business and Enterprise Committee chairman Peter Luff has urged the Government to give the industry until October to change following its damning report on pubco power.
Luff has written to the Minister for Further Education, Skills, Apprenticeships and Consumer Affairs Kevin Brennan asking for the Government’s response to be delayed until October as there had been “significant developments” since the report, which recommended a full Competition Commission inquiry.
“It appears likely that Camra will launch a super-complaint to the OFT, and the ALMR is working with an industry group to negotiate changes in the industry,” said Luff.
“An early Government Response would not be able to consider the outcome of these developments, and the Government might be constrained in what it said because of the reality or even the likelihood of a super-complaint.
“We would prefer to wait and see what progress is made on these developments rather than have an early and necessarily incomplete reply.”
| Author Name | Opinion | Reply |
|---|---|---|
mr angry 02/07/2009 11:59:06  |
RE: Luff gives pub trade till October to change problem is i dont think i can last out that long 6 months = 26 wks @ £803.00 per week =£20,878.00 income approx £2.200.00 per week = £57.200.00 = 36.5% of gross income + high energy bills wages of approx £120.00 licence due for the year, council tax, . time to go now i think, no money left honest. This post replies to this thread |
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info man 02/07/2009 11:59:36 |
RE: Luff gives pub trade till October to change If you have any information that you think may speed up this decision please send it to Peter, he will be more than happy to see how the Pubcos have acted since the report. October is only a predicted time due to the summer break but things can change very quickly. This post replies to this thread |
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| J Mark Dodds 02/07/2009 12:17:48 |
Luff gives pub trade till October to change Mr Luff, having an accurate grasp of the situation, is being business like due to the apparent cap in handness of the pubcos. Nothing substantive will change though and that will certainly be clear by October. Unfortunately, as Edward Cant points out so clearly above, this situation needs a quick and quiet revolution not even more time put aside to see outcomes of the hollow murmurings of pubcos making noises of atonement on death row. edited by: J Mark Dodds at: 02/07/2009 12:17:53 This post replies to this thread |
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| JohnD 02/07/2009 12:15:08 |
Luff gives pub trade till October to change ...So the poopcos can carry on ripping off everyone as before? This post replies to this thread |
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| mr angry 02/07/2009 12:18:34 |
Luff gives pub trade till October to change Thanks Info-man, I have at this moment send off my dealings with ETI, once again txs This post replies to this thread |
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The Crocodile 02/07/2009 12:41:56 |
Luff gives pub trade till October to change I doubt my wife's business will last until October! This post replies to this thread |
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| binthere donnit 02/07/2009 12:50:47 |
Luff gives pub trade till October to change Unfortunately for many who are on their way out already even an immediate enquiry will not help. I really think Peter Luff has a grasp of the situation, he knows no real changed has occurred since the 04 enquiry and he has said parliament were misled and given information which is false. Don't write him off yet This post replies to this thread |
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| michael boardman 02/07/2009 16:38:30 |
RE: Luff gives pub trade till October to change will there be any pubcco pubs left by october i dont object to the lease i signed it. what i object to is punch running freehold managed sites buying untied products in compettition with its leasehold sites This post replies to this thread |
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| info man 02/07/2009 17:00:59 |
RE: Luff gives pub trade till October to change Unfortunately Michael this is the crux of the issue. If the tie was being operated as the experts were told TISC 2004 the revenue from the tie would have directly counter balanced the offset in rent. In 2004 they stated that the average difference between their pricing and that that a freeholder could get was £70 per BB. They stated that this sum was directly taken into account when setting out a tied rent. What they did not tell the inquiry was that due to their buying power they were actually getting £250 per BB and keeping the other money. In reality the discount a freeholder could achieve is £180 per BB so the Pubcos have been keeping this extra revenue as well. In effect a managed house would have caused you no problems as you would be getting your beer at a slight discount (from wholesale pricelist) but a much reduced rent in line with your beer volumes. You would be able to compete however as tied pubs are paying rents in line with being free of tie and then the tie on top there is no margin to be competitive. If your rent were set in line with the very spirit of the tied agreements you would have margin for movement, but not under the way that this agreement has been Frankensteined. This system is designed to get publicans money invested into properties and then get them out and keep the cycle running. There is no concern to give the public what they want, nor to give the publican a livable income.It has to change and change now. edited by: info man at: 02/07/2009 17:03:15 This post replies to michael boardman > RE: Luff gives pub trade till October to change |
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| Stephen Corbett 03/07/2009 13:38:13 |
Luff gives pub trade till October to change A sensible approach by Luff. With new Government Ministers knowing little of our sector, better to have them briefed fully and deliver the right result than have them rush through the wrong one. This post replies to this thread |
