Professional Services & Utilities

Carling: Molson Coors' beer brand

Molson Coors defends 90-day payment move

By John Harrington

Carling brewer Molson Coors has defended its move to extend payments terms for its suppliers to 90 days. The Forum of Private Business today...

Walsh: £6m a year

Diageo boss's 72% pay hike

By Martyn Leek, M&C Report

Paul Walsh, Diageo's chief executive, saw his annual salary jump 72% to more than £6m last year. Walsh who has led the Smirnoff vodka and Johnnie...

RICS: rent guidance could be available by the end of the year

RICS paper could mean fairer pub rents

By Ewan Turney

The Royal Institution of Chartered Surveyors (RICS) valuation paper on setting pub rents has been finalised, the MA understands.

Baer: funding increase

Amber boosts credit facility by £6m

By Martyn Leek, M&C Report

Ambers Taverns, the North West-based managed pub operator, has secured an extra £6m in funding. The Preston-based chain is reportedly planning to...

BIIBAS: accredited 24 pubcos' codes

24 pubcos gain BIIBAS accreditation

By Lesley Foottit

Twenty-four pubcos have now received full accreditation, or accreditation in principle, from BIIBAS for their updated codes of practice for tenants.

Thompson: taskforce won't make much difference to the pub trade

Bank task-force questioned

By Gemma McKenna

A pub finance expert has dismissed the new bank-led taskforce set up to stimulate lending to small businesses as a "talking shop". The British...

Rental figures: from Fleurets annual survey

Fewer pub rent reviews in recession

By Gemma McKenna

The economic downturn has meant a slowdown in the number of rent reviews being carried out — that's according to Fleurets annual rental survey....

BIIBAS: code accreditation for S&NPC

S&NPC gains BIIBAS accreditation

By Lesley Foottit

Scottish & Newcastle Pub Company (S&NPC) has become the latest pubco to have its updated code of practice for tenants fully accredited for clarity.

Hydes: pleasing results in a tough year

Pre-tax profits up at Hydes

By Ewan Turney

Manchester brewer and pub operator Hydes has recorded a 38% rise in underlying annual pre-tax profits fuelled by growth in its free trade business....

Fowle: action required

Alcohol: let's stop binge pricing

By Adam Fowle

Given the changing of the guard at Westminster, M&B's chief executive considers the last government's policy on alcohol legislation, says Adam Fowle.

Landlord: Madonna's favourite

Timothy Taylor profits climb

By The PMA Team

Yorkshire brewer Timothy Taylor has reported a recession-beating set of results for its most recent financial year. The company saw turnover rise...

Watson (L): leading Capital Pub Company

Capital reports profits up 19%

By Martyn Leek, M&C Report

Capital Pub Company said this morning that it was well on the way to owning 45 to 50 pubs and itsadjusted ebitda had increased by 19% to £5.8m.

PPL: late fees will apply

PPL adds late payment charge

By John Harrington

Music licensing body PPL is to add a 50% late payment surcharge for pubs during 2010, following a surge in delayed payments.

Everards: profit increase

Everards profits on the up

By The PMA Team

Leicester brewer and retailer Everards has reported an increase in operating profit for its most recent year despite an decrease in turnover. The...

Suppliers Awards: take the survey

Win a share of £3,000

By Lesley Foottit

Licensees have the chance to win a share of £3,000 by completing the Morning Advertiser and partner Tradeteam's favourite Supplier Survey. The...

Payne: improving consumer value

Ian Payne: an eye for a good deal

By Phil Mellows

Chairman of Town & City and Bay Restaurants Ian Payne talks discounts, refurbishments and combining day and night trade with Phil Mellows.

PIRRS principles: scheme went live last December

First pub rent case is resolved

By John Harrington

The first rent dispute has been resolved via the new BII-led low-cost arbitration service, called the Pub Independent Rent Review Scheme.

Energy: campaign to highlight protection laws

Stopping the energy rip-offs

By John Harrington

A campaign to ensure small firms exploit new laws aimed at protecting them from energy rip-offs has been launched. Rules introduced by the regulator...

Watson (L): current trading is strong

Capital Pub Company cuts debt to £23.3m

By Martyn Leek, M&C Report

Capital Pub Company, the London-based managed house chain, has reduced its debts by £5.19m. This was achieved after the Moorfield Real Estate Fund...

National ID cards may not be the answer, says Serve Legal research

1 in 7 teens would pay for ID

By John Harrington

Just one in seven 18 and 19-year-olds would be prepared to pay for a national ID card, which has been billed as useful ID for buying alcohol. That's...

Tchenguiz: sees self as a victim of Icelandic bank collapse

Tchenguiz: bank owes me £650m

By Mark Stretton, M&C Report

The full extent of pub entrepreneur Robert Tchenguiz's relationship with Kaupthing, the collapsed Icelandic bank, have come to light following a...

Moore: 'a targeted investment will ensure good ROI for all'

S&NPC invests £10m in estate

By The PMA Team

The Scottish & Newcastle Pub Company (S&NPC) estate is set to benefit from a £10.5m investment in 2010.

Taxi rank: pubs must pay for marshalls

Portsmouth pubs must pay for taxi marshals

By Lesley Foottit

Portsmouth pubs will each pay more than £1,000 a year to fund taxi marshals in the city centre in a bid to crack down on alcohol-related violence.

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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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