Punch Pubs & Co

Punch: good year of progress

20-Oct-2011 By Ewan Turney

Punch Taverns, the leased and tenanted operator, has reported its first growth (0.9%) in average net income per pub for three years as it continues to downsize its estate from 5,000 to 3,000 pubs.

Punch lessee case goes to full trial

28-Sep-2011 By Ewan Turney

A Punch licensee involved in a bitter dispute with the pub company will now have his case heard at a full trial.

Punch roadshows ready to roll

09-Sep-2011 By Michelle Perrett

Punch Taverns is urging all its licensees to take advantage of its annual series of nation-wide business building roadshows.

Punch unveils territory dispense managers

06-Sep-2011 By John Harrington, M&C Report

Punch Taverns, the leased and tenanted pub company, is to appoint eight territory dispense managers (TDM) to monitor compliance with the beer tie and help improve beer quality across the company’s c.5,000-strong estate.

Punch Taverns: trading in line

01-Sep-2011 By The PMA Team

Leased and tenanted pub company Punch Taverns has reported fourth quarter trading is in line with expectations, allowing for the impact of the World Cup last year.

100-plus Punch pubs sign up to SIBA

31-Aug-2011 By Michelle Perrett

More than 100 Punch Taverns pubs are stocking locally sourced beers just six weeks after the roll out to their estate of the SIBA Direct Delivery Scheme.

Host slams Punch internet charge

30-Aug-2011 By Michelle Perrett

A licensee has hit out at Punch Taverns for charging £25 for every internet money transfer she makes to pay her rent and other fees.

Spirit shares start trading after Punch demerger

01-Aug-2011 By Mark Wingett, M&C Report

Trading in shares of Spirit Pub Company started at 8am today, after the completion of its demerger from Punch Taverns. Spirit's ordinary shares...

Punch unveils non-executive chairman

08-Jul-2011 By MA Reporter

Punch Taverns has revealed Stephen Billingham, former finance director of British Energy Group, is to become its non-executive chairman in September...

Punch demerger details unveiled

07-Jul-2011 By Michelle Perrett

Punch Taverns has revealed the full terms and conditions for its proposed demerger into two separate listed companies - Punch and Spirit Pub Company....

Punch tenants get freehold warning

30-Jun-2011 By Gurjit Degun

Punch tenants are being advised to contact their bank managers and get an independent valuation to make sure they are well-placed to buy the freehold...

Punch to open new Fayre & Square

22-Jun-2011 By Gurjit Degun

Punch Taverns is spending £250,000 on turning the Boddington Arms in Blackburn into a Fayre & Square — the concept focusing on a low-priced...

Punch licensees share pub business ideas

20-Jun-2011 By Michelle Perrett

Punch has organised a number of meetings for its partners (licensees) across the UK where they can share their ideas on how to run a successful pub...

Punch offers tenants access to CAMRA's champion ales

17-Jun-2011 By Michelle Perrett

Punch Taverns is offering its tenants access to former winning beers from the CAMRA's Champion Beers of Britain selection.

Punch tenants first up in hunt for bargains

16-Jun-2011 By The PMA Team

The obvious and rather high hurdle for tenants remains the need to raise a lot of equity to obtain the necessary bank lending, says The PMA Team.

2,300 Punch freehold for sale to tenants

16-Jun-2011 By The PMA Team

A total of 2,300 Punch licensees will be told by Punch Taverns this month that the company is open to offers from them for their freehold. The pubs...

Punch reports trading improvements

08-Jun-2011 By John Harrington, M&C Report

Punch Taverns has reported an improved performance in both its managed and tenanted pub divisions for the 12 weeks to 28 May, with the company citing...

Punch to open 17th Flaming Grill

07-Jun-2011 By Gurjit Degun

Punch Taverns is spending nearly £250,000 turning the Nosey Parker in Lincoln into a Flaming Grill — the concept that focuses on grilled/barbecue...

Punch launches national pub quiz contest

25-May-2011 By Michelle Perrett

Punch has launched a national pub quiz competition for its tenants to help drive sales during quiet trading times. More than 400 have already...

50 a week join Punch Buying Club

12-May-2011 By The PMA Team

A total of 50 Punch licensees are applying each week to join the Punch Buying Club, which now has 1,600 pubs signed up less than a year after it was...

Punch Taverns launches post-graduate qualification

26-Apr-2011 By Michelle Perrett

Punch Taverns is launching a post-graduate qualification in July, which is available to "high-calibre" candidates across the business. The pubco is...

Punch hails Spring Fair success

20-Apr-2011 By Gurjit Degun

Over 1,800 Punch tenants and lessees attended its first Spring Fairs, which aim to provide business boosting ideas. Punch explained that the Spring...

Punch encourages lessees to celebrate St George's Day

15-Apr-2011 By Gurjit Degun

Punch Taverns has been encouraging its tenants and lessees to make the most of St George's Day, by sending them a pack with tips, ideas and POS. A...

Punch trials franchise-style agreements

13-Apr-2011 By John Harrington, M&C Report

Punch Taverns is trialling a franchise-style agreement where the licensee takes a proportion of the sales and has to meet certain running costs....

Punch profits fall as Dyson heads up Spirit

12-Apr-2011 By Michelle Perrett

Punch Taverns' current chief executive Ian Dyson is to head the group's demerged managed division Spirit.

Senior staff leave Punch

08-Apr-2011 By The PMA Team

Two senior staffers in Punch Taverns' leased division, Suzy Jackson and Ian Ronayne, are set to leave in the wake of last week's strategic review.

Moody's downgrades Punch A and B

06-Apr-2011 By John Harrington, M&C Report

Rating agency Moody's has downgraded Punch Taverns A and B securitisations — it expects profits to stabilise in 2012.

Punch licensee wins Three in a Bed

04-Apr-2011 By Michelle Perrett

Punch licensee Marilyn Coleman-Mellins is celebrating after winning the first episode of Channel 4's Three in a Bed show. The licensee of the Blue...

Punch looks to cut red tape

31-Mar-2011 By Graham Ridout

Punch Taverns has sent a guide to reducing red tape to help all its 5,800 strong leased estate.

Punch steps up recruitment

28-Mar-2011 By Graham Ridout

Punch Taverns is stepping up its campaign to recruit entrepreneurs to take on leaseholds. Punch's managing director Roger Whiteside explained: "We...

Bondholders give Punch demerger plans the thumbs-down

23-Mar-2011 By Hamish Champ

Punch Taverns' bondholders have given a withering assessment of the pubco's plans to de-merge its managed pub business, accusing it of walking away...

Punch bondholders: review disappointing

23-Mar-2011 By Mark Wingett, M&C Report

Bondholders in Punch Taverns have accused the pubco of ignoring the issues surrounding its tenanted estate in the strategic review of its business....

Video: Punch strategic review — Dyson Q&A

22-Mar-2011 By MA Reporter

Punch chief executive Ian Dyson answers questions on the strategic review announced this morning.

Punch: Spirit to demerge, leased sell off

22-Mar-2011 By John Harrington, M&C Report

Punch has confirmed it is to demerge its managed pub division before the end of summer and downsize its leased arm to 3,000 "high quality" pubs.

Punch licensees will get option to buy their pub in sell-off

22-Mar-2011 By Hamish Champ

Punch Taverns plans to offer some of its lessees the option to buy the pubs they run as it seeks to downsize its non-managed pub operations over the...

Punch splits managed and leased divisions after strategic review

22-Mar-2011 By Hamish Champ

Punch Taverns has confirmed it is to split its leased and managed pub businesses into two separate companies. The move, which was flagged at the...

'Measured approach' likely from Punch

21-Mar-2011 By The PMA Team

A leading analyst has said that although there is a myriad of options available to Punch Taverns in regard to tomorrow's strategic review, the most...

Punch Taverns may de-merge managed pub operation

21-Mar-2011 By Hamish Champ

As the market awaits details of Punch Taverns' strategic review, industry pundits suggest a de-merger of the indebted pubco looks like the route with...

Punch: Spirit de-merger being considered

21-Mar-2011 By Mark Wingett, M&C Report

Punch Taverns has confirmed that a de-merger of its managed arm is one of the options it is considering as part of its strategic review, the results...

'Punch shares rise on surprise results'

11-Mar-2011 By Matt Eley Matt

Shares rose 6 per cent on an 8.6 per cent increase in same-store sales at the pubs Punch manages directly, including the Fayre & Square and Chef...

Punch reports a step-change in managed performance

10-Mar-2011 By Mark Wingett, M&C Report

Punch has reported a step change in the performance of its managed estate, which has seen an 8.6% increase for the 12 weeks to 5 March.

Punch Taverns' bondholders' committee to give update on talks

10-Mar-2011 By Hamish Champ

Advisers to the special ABI committee of Punch Tavern's bondholders are due to hold a conference call this Friday to give an update on the progress...

Punch chairman to step down

07-Mar-2011 By The PMA Team

Punch Taverns chairman Peter Cawdron is to step down after four years in the role, according to reports.

Hamish Champ: Whither Punch Taverns?

07-Mar-2011 By Hamish Champ

All eyes - or most, anyway - will be on Punch Taverns in a couple of week's time when the pubco reveals the results of its much anticipated strategic...

'Punch Taverns considering pub sell-off'

06-Mar-2011

Punch Taverns is considering selling nearly one-quarter of its 6,800 pubs as part of a strategic review that would see it focusing on its managed...

Punch lessees able to choose SIBA ales

04-Mar-2011 By Lesley Foottit

Punch Taverns lessees and tenants will be able to choose ales supplied through the Society of Independent Brewers (SIBA) from June.

Punch is '21st best big firm to work for'

25-Feb-2011 By MA reporter

Punch Taverns has been named as the UK's 21st best big company to work for by the Sunday Times. Punch employees were surveyed anonymously for the...

FT: Punch bondholders meet potential new operators

21-Feb-2011 By The PMA Team

Punch's bondholders have held initial discussions with potential new operators for the company's tenanted pubs, says the FT.

Punch Taverns' bondholders 'in talks with rival pubcos'

21-Feb-2011 By Hamish Champ

Punch Taverns' bondholders are reported to have held talks with rival operators with a view to them running those pubs currently covered by...

Punch badges 106 pubs with Taylor Walker name

18-Feb-2011 By Mark Wingett, M&C Report

Punch Taverns has badged over 100 of its town and city centre pubs across the UK under one of Britain's most historic brewing names, Taylor Walker....