Stonegate Group

Enterprise Inns: appointed management firms

Enterprise reopens 50 pubs

By The PMA Team

Enterprise Inns has appointed three pub management companies to re-open 50 pubs in a trial. The Morning Advertiser understands that London Town's...

Enterprise Inns: short and simple leases

Enterprise tenancy offers more scope

By Tony Halstead

Enterprise Inns has made major changes to its basic tenancy agreement to meet growing licensee demands for a more flexible trading deal.

Enterprise: £1.4m a month on tenant support

Enterprise: net income down 8% per pub

By Ewan Turney

Enterprise's net income per pub is down an average of 8% on a like-for-like basis for the sixteen weeks to 17 January as beer sales slide and rent...

Townsend: protest is not the right way to conduct a business relationship

Enterprise: dialogue better than protest

By Ewan Turney

Enterprise chief operating officer Simon Townsend said he would be "very disappointed" if any of its lessees attend a planned protest without first...

Pubco bosses have their say

Enterprise rounds on tie-breakers

By John Harrington

Enterprise Inns chiefs mounted a strong attack on tenants buying outside the tie when they gave evidence to MPs in the pubco inquiry. They accused...

Carlsberg: received apology from Enterprise

Enterprise not de-listing Carlsberg

By Ewan Turney

Enterprise Inns has insisted it is not de-listing Carlsberg beer despite confusion caused over a letter sent out to licensees last week. Britain's...

Carlsberg: dropped from Enterprise pubs

Carlsberg anger at Enterprise axe

By Ewan Turney

Carlsberg is "very disappointed" and "surprised" by Enterprise's decision to de-list the lager from its 7,763 pubs from 31 January — it says the pubco is restricting tenants choice.

Enterprise: tenant support running at £1.3m a month

Enterprise: £1.3m a month on tenant support

By Ewan Turney

Enterprise Inns is currently spending £1.3m a month on tenant support in the form of special discounts and rent concessions as the average level of licensee profitability fell by 4% to £45,000 for the year to 30 September.

Tuppen: coming down hard on licensees who break the tie

Enterprise toughens line on buying out

By The PMA Team

Enterprise Inns chief executive Ted Tuppen has claimed that a tougher line over buying out has led to an increase in closed pubs and pubs where...

Tuppen: business model is robust

Tuppen: Enterprise is secure

By The PMA Team

Enterprise Inns chief executive Ted Tuppen has insisted that his company's business model is "robust and secure" with more than 80% of its pubs...

Colm Powell has been in a coffin all week

Enterprise lessee on hunger strike

By Ewan Turney

A multiple Enterprise lessee has gone on hunger strike in protest against "exorbitant" rents but the pubco says it has done everything it can to help.

Enterprise: increase in rent concessions

850 Enterprise tenants get help

By Ewan Turney

Enterprise Inns is currently offering special concessions to 850 licensees as it seeks to help them through the tough trading period — at a cost of £5.5m to the pubco.

Pubcos won't meet Fair Pint

Enterprise and Punch won't meet Fair Pint

By John Harrington

Enterprise and Punch have told the anti-pubco Fair Pint campaign they will not meet the group before the Parliamentary inquiry into pub companies,...

Tuppen: Lessees are coping well

Tuppen: Enterprise lessees coping well

By Ewan Turney

Enterprise boss says there has been no material deterioration in the key indicators of its lessees' financial health and the tenanted system is flexible enough to cope in tough times.

Paul Grace, Coca-Cola Enterprises

Paul Grace, Coca-Cola Enterprises

By MA reporter

Euro 2008 is looming up but neither England or any of the other Home Nations are in it. I'm a sports pub but I'm not sure my customers will want to...

Enterprise profits down 11%

Enterprise profits down 11%

By Ewan Turney

Enterprise Inns has recorded an 11% slump in profit before tax for the six months to 31 March