10-Jun-2009 By Ewan Turney
Punch Taverns has said it will attend the meeting to discuss plans for reforming the pubco model. The Association of Licensed Multiple Retailers is...
09-Jun-2009 By Ewan Turney
Greene King has bought a batch of 11 freehold pubs from Punch Taverns for a total price of £30.4m.
Punch tells licensees "long period" of change ahead
08-Jun-2009 By James Wilmore
Punch Taverns has written to its licensees admitting it has a "long period of change ahead" in its bid to build more trust with tenants and lessees....
Punch Taverns rebrands pub operations
08-Jun-2009 By Hamish Champ
In a surprise move Punch Taverns has changed the names of its managed and tenanted businesses.The pubco's managed operation, formerly known as Spirit...
04-Jun-2009 By The PMA Team
All the latest gossip and rumour from the City.
'Young's in the scramble for Punch pubs'
29-May-2009 By Matt Eley Matt
Regional brewers may be falling over themselves to snap up the pubs put up for sale by Punch Taverns but Young & Co continues to adopt a more...
28-May-2009 By The PMA Team
Giles Thorley chief executive, Punch Taverns (1) Why he is on the list: The head of Britain's biggest pub company, which like other big tenanted...
Fine warnings over 'smoking research centres'
21-May-2009 By Matt Eley Matt
Licensees been warned they could face hefty fines if they follow in the path of a pub that allowed customers to light-up as part of a 'research...
City watchdog: no comment on pubco share trade inquiry reports
18-May-2009 By Hamish Champ
City watchdog the Financial Services Authority (FSA) refused to comment today on reports that it was investigating dealings in Punch Taverns and...
'FSA looks into share dealing in pub firms'
18-May-2009 By Matt Eley Matt
The regulator is looking at trading in the shares of Punch Taverns and Enterprise Inns ahead of the publication of a controversial report into the...
11-May-2009 By Ewan Turney
Punch Taverns has launched a new wine list designed to appeal to consumers seeking value for money. The new wine list, which launches on 11 May,...
When will the hangover fade?
10-May-2009 By Hamish Champ
Just as spotting a lone swallow in June does not signify the onset of a nice summer, one week's worth of good news from the retail sector does not a...
Charles Wells buys 17 pubs from Punch Taverns
08-May-2009 By Claire Dodd Claire
Charles Wells has purchased the freeholds of 17 tenanted pubs from Punch Taverns for an undisclosed sum. The deal is expected to complete on May 18....
07-May-2009 By Gemma McKenna
Punch Taverns says 1,000 of its tenants have expressed an interest in buying the freehold of their pub, but so far 23 deals have gone through. That's...
Punch and Enterprise pass on duty hike to licensees
05-May-2009 By James Wilmore
The UK's two biggest pub operators are passing on the Budget duty hike to their licensees, the companies have confirmed. Punch Taverns and Enterprise...
We need to be more transparent," admits Punch Taverns
29-Apr-2009 By Hamish Champ
As it announced a 38 per cent slump in annual pre-tax profits Punch Taverns, the UK's largest pub operator, admitted it needed to be more transparent...
'Punch Taverns to report slump'
27-Apr-2009
Punch Taverns: The embattled pub company is expected to report a 40 per cent slump in first-half pre-tax profits, but analysts believe that the...
'Supermarkets bearing brunt of fall in beer consumption'
26-Apr-2009
"It will be of small comfort to pub operators that their bête noire, the supermarkets, which undercut them with deep discounting on popular lagers,...
17-Apr-2009 By Mark Stretton, M&C Report
Spirit Group, the managed arm of Punch Taverns, is planning to reposition as much as a quarter of its pub estate, according to Mike Tye. The Spirit...
Who's fooling who?
11-Apr-2009 By Hamish Champ
I don't expect Punch Taverns' Giles Thorley, Enterprise Inns' Ted Tuppen or Admiral Taverns' Lynne D'Arcy to give a flying fig for the following...
'Pub supermarket plans are shelved'
08-Apr-2009
A disused Warwickshire pub will not be turned into a Tesco store after 2,000 residents protested against the plans. Punch Taverns, which owns the...
Peach Pub Company buys Punch pubs for £2.85m
06-Apr-2009 By Hamish Champ
Award-winning multiple operator Peach Pub Company has bought the freeholds of two pubs it leases from Punch Taverns for £2.85m.The deal to buy the...
Smaller operators expand estates as pubco giants downsize
31-Mar-2009
Local operators are taking advantage of lower property prices to expand their estates, according the agent Christie + Co. The agent says all 16 of...
Crossed fingers and low profiles
30-Mar-2009 By Hamish Champ
Late March is traditionally a quiet time on the corporate front. Most companies have done with reporting their half-year numbers and are content to...
Punch Taverns tight-lipped over pub 'firesale'
13-Mar-2009 By Hamish Champ
Punch Taverns was remaining tight-lipped this week as speculation grew that it was looking to sell off a number of its best performing pubs in order...
John Porter: Steak and kidney tie?
10-Mar-2009
Punch Taverns is offering some of its licensees a food menu, aimed at helping them compete with the large number of discounts deals on food currently...
Adnams buys three pubs from Punch Taverns for £2.7m
06-Mar-2009
Adnams has bought three prime pub sites in Suffolk from Punch Taverns for £2.7m. The Suffolk based brewer's purchase includes the Maybush at...
'Punch Taverns hoists 'for sale' sign over its prize pubs'
06-Mar-2009
The cash crisis at Punch Taverns has prompted Britain's biggest pub company to consider selling some of its most prized houses as it seeks to raise...
02-Mar-2009 By Ewan Turney
Punch Taverns is to freeze salaries for all head office and pub staff — including senior executives and boss Giles Thorley. The freeze does not...
'Punch case thrown out of court'
25-Feb-2009
The pub company, Punch Taverns, has fought off an application by a disgruntled supplier to have it wound up after a judge threw out the case,...
'Punch Taverns in Hall of Shame'
24-Feb-2009
Pub group Punch Taverns, media firm Trinity Mirror and mining giant Xstrata have been named in a "hall of shame" by a specialist financial...
Fund launched to help campaigning licensee
17-Feb-2009
A campaigning licensee has spoken of her gratitude after discovering that a fund has been set up to help her avoid bankruptcy.Inez Ward, founder of...
Punch Taverns commits to RPI-related rent decrease
13-Feb-2009 By Hamish Champ
Punch Taverns has guaranteed it will match any move by the retail prices index (RPI) into negative territory with a reduction in rent for its...
Punch Taverns drops bonus points scheme
12-Feb-2009
Punch Taverns has been accused of "penny pinching" after abandoning a bonus points scheme in its annual promotional catalogue.Licensees are up in...
The good, the bad and the rather unattractive
09-Feb-2009 By Hamish Champ
It seems no-one has a good word to say about the big pubcos at the moment, if indeed they ever did. Inflexible, interfering, bullying, unreliable -...
06-Feb-2009 By Ewan Turney
Punch Taverns has denied that photos from a social networking site were used to shut one of its pubs on the grounds of underage drinking. Police said...
30-Jan-2009 By John Harrington
Punch Taverns is creating a new division to help its struggling pubs as part of a restructuring of its leased estate, which will mean fewer regional operation directors.
Punch Taverns ring-fences troubled pubs
30-Jan-2009 By Hamish Champ
Punch Taverns is set to create a separate division to oversee the most economically challenged pubs across its estate.As well as the creation of the...
26-Jan-2009 By Ewan Turney
Frustrated licensees will today protest outside the headquarters of Britain's two biggest pubcos — Punch Taverns and Enterprise Inns — and call...
Protestors make their point at Punch
26-Jan-2009
Punch Taverns has defended the pubco model on the day that licensees staged a demonstration on the company's doorstep. Licensees from across the...
Hundreds to protest at pubcos
26-Jan-2009
Hundreds of licensees are expected to protest at the headquarters of Punch Taverns and Enterprise Inns about the problems posed by the beer tie...
Licensee fears over pubco rent deposits
22-Jan-2009 By James Wilmore
Pubco licensees have raised concerns about the security of their rent deposits - which run into the thousands of pounds - if their landlords were to...
Punch suffers body blows in a week to forget
19-Jan-2009 By Hamish Champ
Punch Taverns' numbers were worse than many were expecting, (see below) to the extent that at one stage its shares sank more than 22 per cent on the...
19-Jan-2009 By Ewan Turney
Punch Taverns will welcome any of its lessees attending the protest outside its HQ next week in for a coffee and a chat. Frustrated licensees are...
Sceptre Leisure bullish about gaming future
15-Jan-2009 By Hamish Champ
Sceptre Leisure, which claims to be the UK's second largest supplier of amusement and gaming machines, has reported turnover trebling for the six...
Punch Taverns sees leased pub profits fall 12 per cent
14-Jan-2009 By Hamish Champ
Profits across Punch Taverns' leased and tenanted pub estate have slumped 12 per cent in recent months, despite "improved trading" over Christmas.The...
Punch Taverns to make up to 100 head office staff redundant
14-Jan-2009 By Hamish Champ
Punch Taverns is to make up to 100 head office staff redundant as part of a cost cutting programme.The UK's largest pub operator is set to start...
2008 - A Year To Forget?
10-Jan-2009 By Hamish Champ
Few in the pub and brewing sectors will forget 2008. Rising beer duty, higher energy bills and an economy headed for the U-bend merely fuelled what...
09-Jan-2009 By Ewan Turney
Frustrated licensees are planning a protest march to highlight the plight of tenants outside the headquarters of Britain's two biggest pubcos —...
23-Dec-2008 By Mark Stretton, M&C Report
Punch Taverns, the leased and managed pub group, has invited offers from existing lessees on the 500 pubs it plans to sell, M&C Report understands.
