Tenant slams Punch for lack of support

Tenant slams Punch for lack of support

By Ellie Bothwell

A Punch Taverns tenant has hit out at the lack of support from the pub company six months after his outlet was named Best Partnership Pub in the North West at the Great British Pub Awards.

Full-year net income up 1.3% at Punch

Full-year net income up 1.3% at Punch

By Mark Wingett, M&C Report

Punch Taverns has this morning reported a 1.3% rise in like-for-like net income across its 2,925-strong core estate – which marks five consecutive quarters of growth, and said it could now focus on improving its business through investment in its pubs...

Jeffrey Bell:

Punch Taverns and the pubco tie - my experience

By Jeffrey Bell

One of the things I was always cagey about when writing about the Gunmakers back in 2009 (the year I became licensee) was the pub's 'tie' to Punch Taverns, writes Jeffrey Bell.

Punch Taverns new pub stock audits

Punch tenants angry over 'surprise' stock audits

By Ellie Bothwell

Punch Taverns tenants have expressed their anger after the pub company recruited a third party agency to carry out surprise stock audits in its pubs, as part of a fresh crackdown on licensees buying outside the tie.

Punch Taverns performance 'in line with expectations'

Punch Taverns performance 'in line with expectations'

By M&C Report

Punch Taverns has this morning said that its average profit per pub is stable and overall profit performance is in line with management expectations, while discussions regarding a financial restructuring of the business were ongoing.

Punch: pubs up for sale

2,300 Punch freehold for sale to tenants

By The PMA Team

A total of 2,300 Punch licensees will be told by Punch Taverns this month that the company is open to offers from them for their freehold. The pubs...

Dyson: on track to meet full year expectations

Punch reports trading improvements

By John Harrington, M&C Report

Punch Taverns has reported an improved performance in both its managed and tenanted pub divisions for the 12 weeks to 28 May, with the company citing...

Punch: new wine list

Wine list revamp at Punch

By Robyn Black

Punch has revamped its wine list, adding 25 new wines and extending its range of house wines. The pub company says 44% of its non-tied partners buy...

Punch: seeking new tenant at the Swan in Leek, Staffordshire

Ex-darts champ Bristow evicted from pub

By Graham Ridout

Former darts world champion Eric Bristow has been evicted from the Punch pub he ran in conjunction with licensee Barry Birch. The pair were forced...

Chef and Brewer: One of Punch's managed pub concepts

Punch: Spirit de-merger being considered

By Mark Wingett, M&C Report

Punch Taverns has confirmed that a de-merger of its managed arm is one of the options it is considering as part of its strategic review, the results...

Punch: recognition by Sunday Times

Punch is '21st best big firm to work for'

By MA reporter

Punch Taverns has been named as the UK's 21st best big company to work for by the Sunday Times. Punch employees were surveyed anonymously for the...

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 Taverns: review underway

Pressure on Punch continues

By Ewan Turney

Punch executives are set to come under renewed pressure from shareholders at the company's annual general meeting this week. Speculation over the...

Punch: speculation over tenanted pubs

Punch seeks flexibility on debt

By The PMA Team

Punch Taverns has fired a warning shot to bondholders that it may hand back the keys to 5,000-plus leased pubs, unless they offer flexibility on debt...

Punch: new concessions

Punch: more concessions on new leases

By The PMA Team

Punch Taverns has offered further concessions to new licensees to tempt them to sign up to three new leases it's offering. The company launches the leases officially in its south-east region next week.

Punch: uncertain on impact of VAT rise

Punch reports managed pub sales boost

By Ewan Turney

Punch expects profits to be "marginally ahead" of its expectations for the year, thanks to a fourth quarter sales rise at its managed pubs. At its...

Punch: rewarding outstanding tenants

Punch hosts rewarded for excellence

By Lesley Foottit

Punch will reward 100 tenants and lessees for outstanding pub management through its Pub Excellence Awards, launched last month. Each month for four...