Punch Taverns

Punch's Dando promoted to finance director

Dando to be acting FD at Punch

By The PMA Team

Steve Dando, group financial controller at Punch Taverns, is to take on the role of acting finance director from the start of next month. The move...

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...

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...

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...

Charity: pubcos facing challenges

A tale of two pubcos' tails

By The PMA Team

Contrasting results at Enterprise Inns and Punch Taverns highlight the pubcos' differing challenges, says The PMA Team.

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...

Liz Gaffer, LTC director of marketing and Ian Dyson, chief executive of Punch Taverns

Punch sponsors LTC volunteer programme

By Ewan Turney

Punch Taverns is to sponsor the Licensed Trade Charity's Volunteer Visitor Programme for the third year running. The pubco has donated £17,943 to...

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.

Young's: pub purchase

Young's adds £2m Punch managed house

By Mark Stretton, M&C Report

Young's, the brewer and pub operator, has bought a £2m London managed pub from Punch Taverns. The group, led by Stephen Goodyear, has acquired the...

Punch: looking to break roadshow records

Punch reveals roadshow dates

By The PMA Team

Punch Taverns has revealed the dates and venues for its annual roadshow event for 6,000-plus licensees. Trade consultant Phil Dixon will be hosting...

Punch: investigating dangerous door

Punch under fire for children's injuries

By Lesley Foottit

Punch Taverns has launched an investigation after two children lost part of their fingers in one of its Staffordshire pub's doors. Last week...

Whiteside: code offers transparency

Punch's code gets BIIBAS stamp

By John Harrington

Punch Taverns' code of practice with tenants has been formally accredited for clarity under the BIIBAS scheme.

Punch: Glenview Capital has upped its stake

US hedge fund adds to Punch stake

By Martyn Leek, M&C Report

Glenview Capital, the US-based hedge fund, is rebuilding its interest in Punch Taverns, raising its stake in the pub group twice in a week. The...

Punch: 250 investments in four months

Punch half way in £20m investment

By The PMA Team

Punch Taverns will be more than halfway through its plan to invest £20m on 450 leased sites by the start of the World Cup next week. The company,...

What's in a word?

What's in a word?

By Hamish Champ

Last week I emailed Roger Whiteside to ask him what Punch Taverns, whose tenanted and leased pub operation he runs, means when it uses the word...

Punch: hoping to raise £36m

Punch to sell 36-strong pub package

By Gemma McKenna

Punch Taverns hopes to raise in excess of £36m from the sale of a 36-strong package of its managed pubs. The pubs, part of Punch Pub Company, the...

Halsey: benefited from increased penetration into the local free trade

Sales soar at Purity Brewing Co

By Ewan Turney

Contracts with Mitchells & Butlers, Punch Taverns and Adnams have helped boost trade to record levels at Purity Brewing Co. Warwickshire-based...

Punch: still challenging times

Punch Taverns: profits down 18%

By Ewan Turney

Profit at tenanted and managed pub operator Punch Taverns dropped 18% for the 28 weeks to 6 March on last year as it warned conditions remained...

The Robin Hood: Sambell will now leave the pub after withdrawing allegations

Ex-CEM boss withdraws Punch allegations

By Ewan Turney

Ex-County Estate Management head of pubs Philip Sambell has withdrawn all allegations of wrongdoing against Punch Taverns. Sambell, who used to be...

Punch: just missed out on Star Accreditation

Punch Taverns is 'one to watch'

By Lesley Foottit

Punch Taverns has been earmarked as "one to watch" by the Sunday Times' Best 100 Companies to Work For survey. Punch was just 20 points short of...

Punch Taverns: pubs available for £5,000

Punch Taverns targets graduates

By Ewan Turney

Punch Taverns has launched a new recruitment scheme, where graduates and entrepreneurs can now take on a pub for as little as £5,000. Under the...

Punch: application had been made in good faith

BBC show halts Punch pub housing plan

By Ewan Turney

A bid by Punch Taverns to convert a community pub into 13 houses has been halted following a BBC investigation. Planning for demolition and building...