Pub prices and the valuation gap
02-Mar-2009 By Hamish Champ
When Punch Taverns revealed it would be prepared to consider selling pretty much each and every one of its 7,500-plus leased pubs to their incumbent...
26-Feb-2009 By John Harrington
Punch tenants can sell meals for set amounts starting at just £1.99, under a new scheme. The Table Top scheme, initially available for around 1,000...
20-Feb-2009 By Andrew Pring
Punch may want to reinvent its business model, but it needs to be realistic about pub sale prices — and banks need to start lending to licensees.
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 -...
26-Jan-2009 By Gemma McKenna
The Morning Advertiser's blow-by-blow account of how events at the pubco protest outside the HQs of Enterprise and Punch unfolded, plus a photo...
23-Jan-2009 By Ewan Turney
Frustrated licensees are to present an open letter calling for a fairer deal on rents and beer prices to the bosses of Britain's two biggest pubcos at a protest march on Monday.
Hamish Champ: C'mon Giles. Roll them sleeves up!
19-Jan-2009 By Hamish Champ
Punch Taverns' troubles were understandably the talk of the industry last week.With profits tumbling and its share price following suit the fate of...
16-Jan-2009 By John Harrington
Punch Taverns is thought to have agreed to reduce a licensee's rent and offered discounts of £12,505 a year after proposing a 51% rent increase.
16-Jan-2009 By John Harrington
Pubcos defended their treatment of tenants and rejected calls for the beer tie to be scrapped during a heated hearing in December.
15-Jan-2009 By Ewan Turney
Punch's day of woe finished with share prices reaching an all time low of 39.75p — a drop of over 30% — one analyst warned they may hit 10p.
14-Jan-2009 By Ewan Turney
Profit from Punch's leased and tenanted pubs plummeted 12% on last year for the 20 weeks to 10 January. Britain's largest pubco said trading...
09-Jan-2009 By Gemma McKenna
Punch Taverns tenants are showing intense interest in buying the freeholds of the 500 pubs that Punch is offering them first refusal on, according to...
EPCs: lessees must pay, not pubco
23-Oct-2008 By James Wilmore
Lessees looking to sell their pub are being reminded they have to pay for an energy performance certificate (EPC) - not their pubco. Since October 1,...
More Punch pubs serving food
16-Oct-2008
More Punch Taverns licensees' than ever are offering food, after a drive to promote pub grub by Britain's biggest pub operator,A year ago, only 67...
Dear Prudence?
08-Sep-2008 By Hamish Champ
When Greene King published its trading update on Tuesday of last week its shares immediately shot up, to the bewilderment of even some of the City's...
15-Aug-2008 By Ewan Turney
Punch Taverns is to provide Energy Performance Certificates (EPC) for 800 of its leased pubs in a bid to cut carbon emissions by 17% by 2010.
Punch's shares take roller-coaster ride
17-Jul-2008
It's very hard to fathom why Punch's shares have hit such ridiculous highs and lows in the same year, says The PMA Team Share values are hard to get...
S&NUK's price rises hit Punch pubs this week
10-Jul-2008 By John Harrington john.harrington@william-reed.co.u
Pubco's deal means increases are delayed Punch licensees face higher charges for beer and cider from this week. Scottish & Newcastle UK's...
Punch Taverns shares continue to fall over debt fears
08-Jul-2008 By Hamish Champ
Punch Taverns' shares fell nearly seven per cent this morning, wiping out gains made after yesterday's debt update with City pub watchers.Pressure on...
9 Deborah Kemp
29-May-2008
managing director, Punch Taverns (leased & tenanted) (10)
Packing A Punch
02-May-2008 By Hamish Champ
Many believe Punch Taverns' size and dominance of the leased pub sector effectively renders the group the industry's 'belweather'. Such people would...
Kemp outlines new Punch culture
01-May-2008
The head of Punch's tenanted division deserves credit, says The PMA Team Deborah Kemp, boss of Punch Taverns' tenanted division, stepped into the...
Punch says Spirit sale is 'no solution' to M&B's ills
24-Apr-2008 By The PMA Team
Talks on takeover of managed division end in acrimony M&B issues coded rebuke to Punch for failure to explore potential Spirit sale The...
24-Apr-2008 By Ewan Turney
The average Punch tenant makes a profit of £40,000 a year, pubco says
Punch pledges support for licensees
24-Apr-2008
The managing director of Punch Taverns has defended what she said was a widely-held bad opinion of the company but admitted that it still had a lot...
M&B warned Spirit not for sale
20-Apr-2008 By Hamish Champ
Relations between Punch Taverns and Mitchells & Butlers (M&B) sank to a new low last week as the pair fell out over the future of Punch's...
Shareholder value, anyone?
20-Apr-2008 By Hamish Champ
I've noticed a strange 'shishing' noise recently. It's probably my knees, but I wondered if it was critics of the pub operator model à la Enterprise...
Punch rejects M&B move for Spirit
18-Apr-2008
Punch Taverns has firmly rejected the approach by Mitchells & Butlers (M&B) for the managed Spirit pub operation.Punch, the UK's biggest...
18-Apr-2008 By The PMA Team
Punch Taverns has rebuffed an approach by M&B to buy Spirit
M&B's coded rebuke to Punch
18-Apr-2008 By The PMA Team
Mitchells & Butlers has issued a coded rebuke to Punch for not exploring properly the possibility of a sale of its Spirit managed division. The...
M&B eyes Punch's Spirit pubs
17-Apr-2008 By The PMA Team
Mitchells & Butlers (M&B) has turned the tables on Punch Taverns by suggesting it buys its managed-pub division, Spirit. The company is in...
M&B launches bid for Spirit Group
14-Apr-2008 By Hamish Champ
Mitchells & Butlers (M&B) has launched an audacious bid for Spirit Group, the managed pub estate owned by Punch Taverns.M&B proposes that...
14-Apr-2008 By Ewan Turney & The PMA Team
Mitchells & Butlers is in talks to acquire Punch's managed division Spirit Group
28-Mar-2008 By The PMA Team
Punch Taverns has withdrawn its merger proposal for Mitchells & Butlers (M&B) but is still pursuing other possible deals involving the...
Heavy-handed cops arrest Punch BRM
27-Mar-2008 By Tony Halstead THals22851@aol.com
Punch Taverns seeks an apology from the police for their aggressive enforcement approach to a minor licence breach Punch is demanding an apology from...
Conversions and pub sales on the cards
07-Feb-2008
If Punch was to merge with Mitchells & Butlers, what would be the strategy? A few clues emerge from the handling of Spirit in the wake of its...
07-Feb-2008 By Andrew Pring
MA editor Andrew Pring considers the proposed merger between Punch and Mitchells & Butlers
Punch Taverns proposes merging with Mitchells & Butlers
04-Feb-2008 By Hamish Champ
Punch Taverns has proposed merging with Mitchells & Butlers (M&B) to form a pubco nearly two thirds larger than its nearest rival.In a...
LETTERs
31-Jan-2008
The sharp end of the pub trade I read with great interest your article "Punch executives land double-digit pay rises" (MA, 10 January 2008). It's...
Punch lessees to become 'customers' of the pubco
16-Jan-2008 By Hamish Champ
Punch Taverns is changing the moniker of its lessees from 'retailer' to 'customer' as part of a drive to improve the relationship between the group's...
11-Jan-2008 By The PMA Team
Rumours of a Punch bid for Mitchells & Butlers has undermined its share price because of the limited logic of such a deal, analyst Douglas Jack claims
Punch to boost partnerships
10-Jan-2008
Punch business relationship managers (BRMs) will hold one-to-one workshops with hosts about running pubs for the first six months of lease...
09-Jan-2008
Punch BRMs will hold one-to-one workshops with hosts for the first six months of lease agreements
Punch sticks to new charter
13-Dec-2007 By John Harrington john.harrington@william-reed.co.u
Punch says it has acted on its commitment to be more transparent with licensees by abandoning a planned rent increase after it failed to follow...
08-Nov-2007 By Mark Wingett, M&C Report
Performance driven by the integration of new businesses and disposals, the pubco says
LETTERs
01-Nov-2007
Punch could be on to something Regarding Punch trialling 24-hour ordering (MA, 25 October 2007), anything that can be done to enable tenants to avoid...
31-Oct-2007 By The PMA Team
Punch Taverns is ramping up support for new licensees in a bid to reduce the number of business failures
03-Oct-2007
Customer services director Patton to leave Punch in December after 22 years
Siba urges Punch to join cask scheme
19-Jul-2007
Small brewers are calling on Britain's biggest pub operator Punch to commit itself to the independent sector by joining the industry's...
Smoking blog: tales from the city
17-Jul-2007
I keep asking myself the same question. It was a business decision, I keep reminding myself, and then a voice inside my head says "not the best...
