Punch Pubs & Co

Punch and Enterprise: drinks prices up

Enterprise & Punch hike drinks prices

By Ewan Turney

Enterprise Inns is to increase its drinks prices by an average of 3.8% to its tenants while Punch Taverns is to pass on an average 3.3% increase —...

The Fleece: free of tie on cask ale

Punch's 1st 'free of tie on cask' lease

By The PMA Team

Punch Taverns has completed its first 'free of tie on cask ales' lease agreement with a microbrewer. The company has leased the Fleece in Otley,...

Fans enjoy 3D football on a projector

Punch trials 3D projectors

By John Harrington

Punch Taverns is claiming a first by trialing 3D projectors for screening football at its managed pubs. The projectors, from technology firm LG,...

Punch: 166 projects completed in first quarter

Punch: pub investments are on track

By John Harrington

Punch Taverns has stressed that it's pub investment programme is "on track" despite delays in its Investment for Growth (I4G) scheme.

Punch: fine for fire safety breaches

Punch fined over fire safety breaches

By Ewan Turney

Punch Taverns has been ordered to pay £27,481 in fines and costs after pleading guilty to serious breaches of fire safety legislation at a London...

Longden: welcomes flexibility

43-strong community group take on Punch pub

By Gurjit Degun

A Punch leased pub in Lincolnshire has been taken on by 43 members of a local community committed to keeping their local pub running. The Cherry...

Punch Taverns: strategic review due in January

Punch considering Matthew Clark sale

By Mark Stretton, M&C Report

Punch Taverns, the leased and managed pub group, is reportedly considering selling its 50% stake in drinks wholesaler Matthew Clark, a move that...

Punch: strategic review due in January

Punch bondholders seek advice

By Ewan Turney

Bondholders in Punch Taverns are believed to have held a meeting with financial advisers ahead of a possible restructuring. According to the...

Punch Taverns: strategic review

Punch Taverns: trends improving

By Ewan Turney

Punch boss Ian Dyson has reported "improving trends" despite an 8.7% decline in like-for-like EBITDA in its leased estate.

Dyson: review due in January

Punch execs get easy ride at AGM

By Ewan Turney

Punch Taverns executives got an easy ride from shareholders at its Annual General Meeting. Shareholders had been expected to take Punch to task on...

Dyson: controversial pay package

Punch's Dyson in line for £4.6m

By Mark Stretton, M&C Report

The new boss of Punch Taverns could earn nearly £4.6m this year as a result of a controversial pay package. Ian Dyson, the former finance director...

Punch Taverns: review underway

Pressure on Punch continues

By Ewan Turney

Punch executives are set to come under renewed pressure from shareholders at the company's annual general meeting this week. Speculation over the...

Hickman: Punch should focus on managed pubs

Analyst: Punch should drop tenanted pubs

By The PMA Team

A leading City analyst has claimed that Punch Taverns' best option now is to allow the two securitisations — A and B — that cover 5,325 of its...

Punch: review due in January

Private equity rumours over Punch

By Ewan Turney

Several private equity groups are said to be plotting bids for Punch Taverns, according to reports. The Daily Mail reports that CVC, which was...

Punch: speculation over tenanted pubs

Punch seeks flexibility on debt

By The PMA Team

Punch Taverns has fired a warning shot to bondholders that it may hand back the keys to 5,000-plus leased pubs, unless they offer flexibility on debt...

Punch: BRM training pilot scheme

Punch BRMs get extra training

By Lesley Foottit

Punch Taverns has joined up with the BII to provide a new qualification for its business relationship managers (BRMs) to help improve support for...

Darren Topp: not joining Punch

Exclusive: Punch suffers double blow

By The PMA Team

New national ops director Darren Topp has decided against joining the company — and a senior operations director has defected to Stonegate.

Punch: offering financial advice through experts

Punch compiles list of experts to help pubs

By John Harrington

Punch has made an approved list of 14 trade experts to help lessees and tenants handle their finances. The company has vetted experts from local and...

Punch's finance director has left

Phil Dutton leaves Punch

By Mark Stretton, M&C Report

Phil Dutton, the finance director of Punch Taverns, the leased and tenanted pub operator, is to leave the company. No reason was given for his...

Punch: more licensees attend roadshow

Punch sees partner roadshows grow

By Gurjit Degun

Punch Taverns has exceeded attendance targets at its partner roadshows for the seventh year running. This year's events saw over 45% of Punch's...

Punch: fears over bond insurer

Debt security fears hit Punch

By Ewan Turney

Fears have been raised that Punch Taverns may have to raise more funds after its US bond insurer Ambac said it may file for bankruptcy. Ambac said...

Dyson: added to shares he holds in Punch

Dyson hoovers up Punch shares

By Ewan Turney

New Punch Taverns chief executive Ian Dyson has bought 100,000 shares in the company for £65,850. Former Marks & Spencer finance director Dyson...

Chef & Brewer: investment promised

Punch to invest £38m in managed pubs

By The PMA Team

The managed division of Punch plans to invest £38m in refurbishing between 230 and 240 pubs this financial year. The company would focus on four brands: Chef & Brewer, Fayre and Square, Taylor Walker and Flaming Grill.

Punch: investing in its pubs

Punch pumps £15m into I4G extension

By Robyn Black

Punch Taverns has confirmed plans to extend its Investing For Growth scheme into next year, earmarking a further £15m to help another 350 pubs.

Hickman: fortune favours the brave

Analyst: Time to buy Punch shares

By The PMA Team

City analyst Paul Hickman, of KBC Peel Hunt, has issued a buy note on Punch Taverns — fortune favours the brave, he said.

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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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