Enterprise Inns

BISC slams 'unacceptable criticism'

25-Mar-2010 By Ewan Turney

MPs probing pubco power and the beer tie have slammed the "unacceptable criticism" they received during their investigation. The Business Skills and...

Enterprise Inns raises £5.5m in sale and leaseback auction

24-Mar-2010 By Hamish Champ

Enterprise Inns has sold four of the eight pubs in a sale and leaseback auction hosted today by Allsop, grossing £5.5m. However three of the pubs...

Enterprise offers free ratings appeal service

18-Feb-2010 By James Wilmore

Enterprise Inns licensees who are facing a hike in business rates are being reminded they can use a free company service to challenge the increase....

Enterprise Inns shares up despite credit rating downgrade

17-Feb-2010 By Hamish Champ

Enterprise Inns' shares were trading strongly today despite the pubco's 'corporate family rating' being downgraded by Moody's, the US-based credit...

Enterprise Inns offers free rating appeal service

17-Feb-2010 By Ewan Turney

Enterprise Inns has reminded tenants they can take advantage of a free ratings appeal service. Many licensees are facing crippling rises in business...

Enterprise Inns puts more pubs in sale and leaseback auction

16-Feb-2010 By Hamish Champ

Enterprise Inns is hoping to raise more than £12m next month when it sells and leases back another eight London pubs. The latest auction is being...

Enterprise to auction 8 pubs for £12.6m

16-Feb-2010 By Gemma McKenna

Enterprise Inns hopes to raise a further £12.6m through the auction of eight more of its prime London pubs.

Enterprise Inns raises £12m at pub auction

10-Feb-2010 By Gemma McKenna

Enterprise Inns has sold seven London freehold pubs at an Allsops auction for around £12m.

Enterprise Inns: greater transparency on the cards

04-Feb-2010 By Ewan Turney

New Enterprise managing director east Nick Light tells Ewan Turney his views on the thorny topics of beer ties, rents and transparency.

'Government to tighten smoking area rules'

01-Feb-2010

The current ban on smoking in workplaces and "enclosed public places" such as pubs and workplaces could be extended to cover areas such as walkways...

Enterprise Inns: 4% drop in net income per pub

21-Jan-2010 By Tamara Sender, M&C Report

Enterprise Inns has reported a 4% decline in average net income per pub for the 16 weeks to 16 January 2010, compared with an 8% fall the previous...

Refilling AWPs boosts earnings by 24%

18-Dec-2009 By Gemma McKenna

Licensees who regularly refill their games machines can see earnings jump by 24% — that's according to a trial carried out by Enterprise Inns....

Enterprise denies legal threat claims

14-Dec-2009 By John Harrington

Enterprise Inns has denied allegations from Greg Mulholland that it has made legal threats against the Parliamentary Committee probing pubcos, as well as the media. But the MP has hit back.

Mulholland slates 'litigious' Enterprise Inns

10-Dec-2009 By Matt Eley Matt

Save the Pub Group chairman Greg Mulholland MP has raised concerns about the "incredible litigiousness" of pubco Enterprise Inns. The MP for Leeds...

MP questions Enterprise's 'litigiousness'

10-Dec-2009 By Ewan Turney

Liberal Democrat MP Greg Mulholland has raised a question in Parliament over the attitude of Enterprise Inns towards MPs on the Business and Enterprise Committee.

Enterprise Inns takes lead on health and safety

09-Dec-2009 By Lesley Foottit

Enterprise Inns has signed a deal to make Westminster Council its primary point of contact for health and safety issues. Enterprise is the first pub...

Anti-pubco campaigners protesting at Parliament today

07-Dec-2009 By James Wilmore

Disgruntled tenants and lessees are due to protest outside Parliament today as part of a "peaceful" demonstration against the behaviour of pubcos....

Poor turnout for licensee parliamentary protest

07-Dec-2009 By Matt Eley Matt

A handful of disgruntled licensees were on hand to make their feelings about pubcos known outside Parliament today. The event, organised by campaign...

Enterprise wins re-possession order on Manchester pub

25-Nov-2009 By The PMA Team

Enterprise Inns has won a re-possession order on a Manchester pub occupied by squatters protesting about its condition. The squatters set up home in...

Enterprise Inns auction pubs revealed

24-Nov-2009 By The PMA Team

The names of the seven Enterprise Inns pubs in London to be sold at a Cushman & Wakefield auction in December have been unveiled. Enterprise...

Enterprise: step-by-step approach to auctions

20-Nov-2009 By The PMA Team

Enterprise Inns boss Ted Tuppen has stated that the company plans a "step-by-step" approach to selling pub freeholds at public auctions as it gears...

Enterprise reports sharp drop in profits

17-Nov-2009 By The PMA Team

Enterprise Inns has reported a £55m drop in full-year pre-tax profits to £208m for the year to 30 September. Profit after exceptional items was £11m compared to £209m in 2008.

Analysts forecasting 20 per cent profits slump for Enterprise Inns

13-Nov-2009 By Hamish Champ

City broker Panmure Gordon is warning that Enterprise Inns faces an uphill struggle to restore profits in the coming year. Enterprise is due to...

Enterprise: we'll avoid complacency despite OFT clearance

22-Oct-2009 By Ewan Turney

Enterprise Inns has vowed to avoid complacency, despite the pubco model being given a clean bill of health by the Office of Fair Trading (OFT). The...

Licensee campaign group plans march on Parliament

16-Oct-2009 By James Wilmore

Campaign group Justice for Licensees (JFL) is planning a "peaceful" protest march on Parliament for December 7 - to force the government to take...

Enterprise Inns sale and leaseback pubs go for £13.2m

15-Oct-2009 By Hamish Champ

Enterprise Inns saw five of its freehold pubs being sold as part of a sale and leaseback deal go under the hammer this afternoon for a total of...

Fair Pint: nothing to fear from free of tie future

14-Oct-2009 By Karl Harrison

There is nothing to fear from a free-of-tie future, argues Fair Pint campaigner and Enterprise tenant Karl Harrison.

Enterprise takes swipe at Pub Revolution

09-Oct-2009 By Matt Eley Matt

Pub company Enterprise Inns has hit back at a group of licensees who have vowed to stop paying for beer and rent. The Pub Revolution group plans to...

Enterprise Inns says pub support is still affecting profits

29-Sep-2009 By Hamish Champ

Enterprise Inns has warned that its overall profitability is still being affected by the financial cost of supporting those of its lessees who are...

Enterprise targets £200m at pub auctions

29-Sep-2009 By The PMA Team

Enterprise Inns could raise as much as £200m by selling the freeholds of 100 pubs at public auctions, if an auction trial this month is successful.

To sell and lease?

28-Sep-2009 By Hamish Champ

It's fair to say eyebrows were raised across the property world last week after Enterprise Inns revealed its plan to sell then lease back a number of...

Making the point on pricing

24-Sep-2009 By James Wilmore

Trade union the GMB is showing no signs of letting up in its fights against the pubcos. Figures released earlier this month about the price of a...

Enterprise hopes to raise £14.7m at auction

22-Sep-2009 By Martyn Leek & The PMA Team

Tenanted pub company Enterprise Inns is planning to sell seven of its top quality freehold pubs in a sale-and-leaseback deal at a public auction....

Only eight Enterprise pubs are covered by recent High Court ruling

15-Sep-2009 By Hamish Champ

It has emerged that only eight Enterprise Inns pubs out of an estate of around 7,500 are covered by the kind of lease agreement that was the subject...

Enterprise says High Court rent review case does not set precedent

14-Sep-2009 By James Wilmore

Enterprise Inns has argued that a High Court ruling to allow a pub to pay £12,800 less rent than the company demanded does not set a precedent for...

BII to examine pubcos' codes of practice

19-Aug-2009 By Matt Eley Matt

The BII has refused to rise to calls from trade union GMB to strip Punch Taverns of its membership - but is set to take a close look at pubcos' codes...

Goldman Sachs: Enterprise should review pub valuations

13-Aug-2009 By Ewan Turney

Enterprise Inns should review its valuation of its pub estate in light of declining rents and beer sales, according to one broker. Shares in...

Father Ted Pubs and Bars acquires tenth site

24-Jul-2009 By The PMA Team

Father Ted (FT) Pubs and Bars, which owns and operates nine leasehold sites in London - six Enterprise Inns sites and three free-of-tie leases - has acquired another Enterprise Inns venue.

'£2m bar tab blow'

17-Jul-2009 By James Wilmore

Pub group giant Enterprise Inns is losing £2million in revenue a month as boozers go to the wall. The group tallied the grim bar bill yesterday as...

Pub trade split on new trade body

09-Jul-2009 By Andrew Pring & Gemma McKenna

BII boss Neil Robertson has spoken against plans for a new pubco-funded trade group to represent tenants, which this week received backing from Punch...

Tuppen: 'We'd pay £100k to new body'

02-Jul-2009 By The PMA Team

Enterprise boss says his company would happily pay a levy of £100,000 or more to set up a body to represent individual licensees.

Enterprise Inns to drop restrictive covenants

29-Jun-2009 By Matt Eley Matt

Enterprise Inns has vowed to ditch restrictive covenants that prevent pubs being used as licensed premises when sold off. The move is one in a series...

Jumping to it?

27-Jun-2009 By Hamish Champ

To the untrained eye it could look as if brewers and pub operators have been falling over themselves to do right by their licensees in the wake of...

Enterprise hosts lose pub in court battle

23-Jun-2009 By Tony Halstead

Licensees David and Anne-Marie Ball today lost their court battle to prevent Enterprise Inns obtaining an order for repossession of their Sheffield...

Crunch trade talks "encouraging

18-Jun-2009 By James Wilmore

Crunch industry talks between trade bodies, pubcos and campaign groups today in London have been described as "positive" and "encouraging". The...

Enterprise will not attend industry crunch talks

15-Jun-2009 By James Wilmore

Enterprise Inns will not be attending this week's industry mediation meeting, the company's chief executive Ted Tuppen has confirmed. Tuppen told The...

Pubco power in the balance

12-Jun-2009 By The PMA Team

Major tenanted companies are now trying to put together a unified response to the hostile Bec report. The PMA Team looks at what might happen.

Fair Pint to attend ALMR industry mediation meeting

11-Jun-2009 By James Wilmore

Anti-pubco campaign group Fair Pint is planning to attend next week's industry "mediation" meeting on the pubco model, The Publican understands. It...

Fair Pint accuses Tuppen of "cynicism

05-Jun-2009 By James Wilmore

Campaign group Fair Pint has accused Enterprise Inns chief Ted Tuppen of "breathtaking cynicism" for suggesting that licensees need a support group,...

Tuppen: We'll back licensee support group

04-Jun-2009

Enterprise Inns chief Ted Tuppen has said he is willing to back a new support group and representative body for licensees with the company's cash.And...