Archives for June 3, 2014

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Tim Martin: Face the brutal facts abouts pubs and tax

By Tim Martin

To say that the recent 129-page report on the pub industry by Geof Collyer and his colleagues at Deutsche Bank is optimistic is wild understatement. Their exuberant conclusion is that: "...... all of the stocks researched are in better shape than at any...

A fine line between genius and madness

By Rob Willock

So Tim Martin is unhappy with the level of support he is getting from the leading trade press (the PMA and M&C Report) for the campaign he increasingly personifies to reduce VAT in the hospitality sector.

The strength of the drinks industry's alcohol pledge

By Phil Mellows

An odd story appeared in The Guardian over the bank holiday. It's a favourite time for odd stories to appear, of course, what with skeleton journalistic staff scratching around for something to fill.

Hawthorn Leisure buys 88 R&L pubs

By Mark Wingett

Hawthorn Leisure, the group set up with the acquisition of 275 pubs from Greene King, has announced the acquisition of 88 tenanted and leased pubs from R&L, the pub portfolio formerly part of property tycoon Robert Tchenguiz’s property empire in a deal...

Statutory code: Breakdown of key proposals

By James Wallin

The Government’s proposals for a statutory code governing the pubco/tenant relationship differ in several areas to those set out in a consultation last year.