Pub companies have acted in a similar irresponsible manner to banks — that’s according to Save the Pub Group chair Greg Mulholland.
Source:Mulholland: pubcos acted like irresponsible banks
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A Spirit Pub Company tenant has secured a 28% reduction in rent after threatening to take the case to arbitration. Source:Spirit tenant gets 28% rent cut Miller Brands, the UK arm of SABMiller, is set to launch a Belgian abbey beer, named St Stefanus, by the end of the month. Source:Miller's abbey beer plan The Government has launched a consultation to extend licensing hours for the four-day weekend of the Queen’s Diamond Jubilee in June 2012. Source:Consultation on extra pub Jubilee hours Licensees have been given an added incentive to participate in British Pub Week, which will take place from 28 October to 6 November. Source:British Pub Week: Get Involved Britvic, the soft drinks maker, said this morning that its trading was in line with full-year expectations as it reported a slight increase in fourth-quarter sales. Source:Britvic in line with full-year expectations Government officials are still considering plans to factor in production costs for the definition of “below cost” for the upcoming ban on cheap supermarket alcohol deals. Source:Cheap booze ban: work continues Music royalties company PPL has issued a full refund to multiple pub operator Michael Kheng after charging him for unused events on the licence of a pub he sold in January. Source:Michael Kheng gets a full PPL music royalties refund The British Beer & Pub Association (BBPA) has written to every MP to refute claims from the Business, Innovation & Skills Committee (BISC) that the beer tie is causing pubs to close. Source:BBPA defends pubcos to MPs Punch Taverns, the leased and tenanted operator, has reported its first growth (0.9%) in average net income per pub for three years as it continues to downsize its estate from 5,000 to 3,000 pubs. Source:Punch: good year of progress |
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