'Enterprise shares rise after loan secured'

Related tags Public house

Shares in Enterprise Inns rose 14 per cent after the UK's second-biggest pub landlord said it had signed a new £625m borrowing facility and hinted...

Shares in Enterprise Inns rose 14 per cent after the UK's second-biggest pub landlord said it had signed a new £625m borrowing facility and hinted it might reinstate dividend payments soon - Financial Times

Enterprise Inns has ruled out making a rights issue to shore up its balance sheet, after successfully refinancing a £1bn loan. The pub owner has agreed a new £625m loan facility with its banks, which lasts until the end of 2013. The company's shares have suffered in recent months on concern it would fail to refinance the loan and have to turn to investors -The Telegraph

New bubble technology dulls social noise. Glasses clink, laughter rises and the music thumps on - and you can't hear a word that the person next to you is saying. It's a scenario familiar at just about every night out on the town but a new invention aims to cut out the background babble of bars and clubs by capturing and amplifying the conversation of those closest to you. Looking something like a space helmet, the social sphere has been designed by Elaine McLuskey, 23, a product design undergraduate at Napier University in Edinburgh, after study of hearing impairments and associated technology - The Herald

A Muslim taxi driver banned a woman from his cab because she was carrying a lager. The cabbie has been called to collect shopper Helen Russell after a shopping trip at her local supermarket. But he spotted two cases of booze that she had bought in her bags.The driver told her that transporting the alcohol was "against his religion". Shocked Helen was left alone in the street outside a branch of Sainsbury's in Oxford city centre - The Daily Star

Related topics Stonegate Group

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...

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