Credit

New £77.5m credit facility for SA Brain

03-Oct-2011 By John Harrington, M&C Report

SA Brain, the Welsh brewer and pub operator, has secured a £77.5m funding package to refinance, expand and grow its business.

British Gas admits error and pays out £300

15-Apr-2011 By Gurjit Degun

British Gas has promised to credit a licensee up to £300, admitting it made an error, after an intervention by the Publican's Morning Advertiser.

Greene King enters new debt facility

04-Apr-2011 By Mark Wingett, M&C Report

Greene King has entered into a new five year £400m revolving credit facility with its banking partners, starting this month. This replaces the...

Mark Kenyon: The lack of credit - and how to cope

18-May-2009

Whatever the prognosis for the wider economy, the current climate and trading conditions for many companies in this sector remains something many may...

Cautious welcome for £20bn loans lifeline

14-Jan-2009 By John Harrington

A trade leader has given a cautious welcome to new Government plans to guarantee up to £20bn of loans to help small firms. The new measures,...

Deals are down, but by no means out

16-Jun-2008 By Hamish Champ

Given the ongoing kerfuffle regarding the credit crunch, you could be excused for assuming that corporate activity in the pub sector had all but...

Punch Taverns postpones debt re-jig

05-Jun-2008 By Hamish Champ

The credit crunch has forced Punch Taverns to abandon its attempt to amend the redemption terms of its Spirit debenture bonds.The move, which Punch...

Pub threatened by bank's cautious policy

22-May-2008 By Matt Eley Matt

A struggling licensee believes a bank's cautious approach to lending to pubs could see him go out of business. Gerry Hall, who runs freehouse pub the...

Sourcing campaign is beefed up

17-Jan-2008

The consumer credit crunch is threatening to stall pubs' efforts to give customers more information about the source of food on the menu.Henry...