What the Sunday papers said

The Mail on Sunday

American giant Coors is to pump £35m into Britain's biggest brewery at Burton-upon-Trent, Staffordshire. The investment will increase capacity by more than a million barrels a year.

McMullen & Sons, one of Britain's oldest family-run pub companies, may be split in two following a complex valuation of the business.

The Sunday Express​

Computer kiosks are to be installed in pubs to help the UK's 1 million unemployed find work. The move forms part of a government scheme to modernise the employment service.

Britain's biggest nightclub operator Luminar is exploring the possibility of bringing casinos into the high street as the gambling industry is deregulated.

Fast food chain KFC is planning to open 400 outlets and create 12,000 jobs in the UK. The ambitious plan will see more than £100m invested in expansion by the company and its franchises over the next five years.

Dozens of revellers were treated by paramedics after being exposed to CS gas at Pulse nightclub in Stevenage, Hertfordshire.

Sharewatch: Pizza and pasta restaurant operator Ask Central has suffered from perceived weakness in the sector. Ask is not saddled with big debts and could double its outlets to 300. A consumer-spending slowdown is a worry but at less than 10 times earnings, the shares are a buy at 129.5p.

The Sunday Telegraph​

More than 130 people were rescued from the Nottingham Princess party boat cruising on the River trent after scaffolding ripped through its side when it crashed into a bridge.

Sharewatch: Shares in Luminar tumbled to a four-year low last week after analysts cut forecasts following half-year results when the company said it would struggle to hit its 15 per cent annual growth target. The company has a market leading position, strong cash flow, and highly rated management. Buy.

The Sunday Times​

Luke Johnson, the entrepreneur who made a fortune when he helped to float Pizza Express, is working on plans to launch a bid for the restaurant chain. The move will pit him against former friend and now fierce foe Hugh Osmond, who is also bidding for the £250m concern.

Sharewatch: a week tomorrow the 180-day lock up that has prevented founding investors of Punch Taverns from selling comes to end. This could prompt volatility in the price - 20 venture capitalists own 65 per cent of the 4,300-strong pub group.

Sharewatch: investors in the quoted pub minnow SFI are looking deep into an empty glass. Investors will want a detailed explanation of Hill's roll in the SFI downfall and if he is held responsible some could take legal action.

The Business​ The European Parliament is this week expected to vote for new employment legislation which will force companies to give temporary employees the same rights as permanent staff. The move is fiercely opposed by the UK government and British business groups.

Whitbread and Scottish & Newcastle, which operate budget hotel chains Travel Inn and Premier Lodge, have prospered in the tough hotel climate as both business travellers and tourists trade down. The Observer​

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