Punch Pubs & Co

Punch publicans of the year north-east and Cumbria

Awards

Punch: Durham publicans win north-east award

By Michelle Perrett

Punch licensees Alan Bryan and Nicola Kay of the Avenue Inn, Durham, have been recognised as Publican of the Year for the North East and Cumbria region.

Pubs code: Trade urged to forget past battles and work together

Legislation

Pubs code: Trade urged to forget past battles and work together

By Emily Sutherland

Industry leaders have issued fresh pleas for both sides of the pub code debate to lick their wounds, forget past battles and join together to ensure the smooth implementation of the legislation and a brighter future for an industry facing sizable challenges. 

Punch unveils new operating format

Punch unveils new operating format

By James Wallin, MC Allegra FS

Punch Taverns has revealed details of its new operating models including a turnover based agreement, its first managed house and commercial free-of-tie arrangements as well as the potential to franchise out some of its concepts.

Punch Taverns pubs will be sold, not closed

Punch Taverns

Punch sell-off: closure fears eased

By Oli Gross

Punch Taverns has confirmed plans to sell 400 pubs in the next few years as part of a long-standing business plan, but has allayed fears of closures which were mistakenly reported in the national press.

Wordsworth Hotel Cockermouth tenant calls for more support from Punch

Punch

Punch tenant calls for more pubco support

By Emily Sutherland

A Punch Taverns tenant has urged pub companies to provide more support after falling behind with rent payments and being asked to leave her pub after seven years.

Speakers revealed for Tenanted Pub Company Summit

Conference

Speakers revealed for Tenanted Pub Company Summit

By M&C Allegra Foodservice

A high-class line up of speakers have been revealed for the highly anticipated Tenanted Pub Company Summit, hosted by the PMA's sister title M&C Allegra.

Knockout blow for 158 Punch pub licensees

Knockout blow for 158 Punch pub licensees

By Ed Bedington

Interestingly enough, following on from my last piece on paranoia and the pub trade, Punch seemed determined to underline this by selling off a lot of pubs that it has been suggested would have been moving down the market rent-only option (MRO) route.

Punch agrees £53.5m disposal to NewRiver

City news

Punch agrees £53.5m disposal to NewRiver

By MC Allegra FS

Punch Taverns has this morning confirmed it has agreed to sell a package of 158 non-core pubs to NewRiver Retail, the UK REIT that specialises in the food and value sector, for £53.5m.

Andy Slee departs Punch Taverns

People News

Andy Slee departs Punch Taverns

By James Wallin, M&C Allegra Foodservice

Punch Taverns has announced that external affairs and central operations director Andy Slee is leaving after almost five years with the company.

Punch Taverns half-year profits

Operator news

Punch delivers profits

By James Wallin, M&C Report

Punch Taverns has reported a 0.5% rise in like-for-like income in its core estate for the 28 weeks to 7 March 2015 and EBITDA down from £108m for the period last year to £105m this year.

Punch set to launch free pint promotion

Punch set to launch free pint promotion

By Mike Berry

Punch Taverns has teamed up with lager brands Carlsberg and Carling on a nationwide promotion giving drinkers the chance to enjoy a free pint in Punch pubs.

Punch Taverns announces new chief executive

Punch Taverns announces new chief executive

By James Wallin, M&C Report

Punch Taverns has appointed Duncan Garrood, former president of food at international franchise operator MH Alshaya, as its new chief executive.

Tenant slams Punch for lack of support

Tenant slams Punch for lack of support

By Ellie Bothwell

A Punch Taverns tenant has hit out at the lack of support from the pub company six months after his outlet was named Best Partnership Pub in the North West at the Great British Pub Awards.

Punch plans to expand Mighty Local model

Punch plans to expand Mighty Local model

By Mark Wingett, M&C Report

Punch Taverns believes there is potential to convert “hundreds” of its sites — both across its core and turnaround estate — to its fledgling wet-led community local model, Mighty Local, subject to clarity on the market rent only option (MRO), the Publican's...

Punch gives guidance to tenants on HMRC machine tax rebates

Punch gives guidance to tenants on HMRC machine tax rebates

By Ellie Bothwell

Punch Taverns has reiterated its position regarding the “several hundred million pounds” collectively owed by pub operators in “overpaid” tax rebates, following more letters sent by HM Revenue & Customs to tenants.

Punch abandons focus on food revenue

Punch abandons focus on food revenue

By James Wallin, M&C Report

Punch Taverns executive chairman Stephen Billingham said the company has abandoned its target of food sales making up 35% of its tenants’ revenue.

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