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Former pubs minister Bob Neill MP has secured an agreement from supermarket Lidl to withdraw the threat of immediate demolition of the Porcupine pub in Mottingham. Source:Former community pubs minister Bob Neill secures agreement from Lidl over Porcupine pub Enterprise chief executive Ted Tuppen has revealed that the company paid compensation of between £5,000 to £6,000 on average in the two cases lost through the Pubs Independent Conciliation & Arbitration Service (PICA-Service). Source:Tenanted Pub Summit: Ted Tuppen unveils compensation paid to PICA-Service licensees Hertfordshire brewer and operator McMullen’s has reported a 2.9% increase in like-for-like sales for the year to 29 September 2012, but said it was “barely enough to cover the increase in like-for-like costs in running pubs”. Source:McMullen's hits out at tax burden despite like-for-like sales rise Fears around cash flow and late payment among small and medium business (SME) is on the rise, according to a study conducted by the Forum of Private Business. Source:Fears around cash flow and late payment has risen, says new study Cambridge & Counties Bank has issued £40m in loans to small and medium-sized enterprises (SMEs), with a handful to pub licensees. Source:Cambridge & Counties Bank will lend to 'good-quality' pubs The pub industry has been urged to “broaden” its range of franchise concepts to attract “high net worth individuals” to their companies. Source:Tenanted Pub Summit: Trade urged to 'broaden' range of franchise concepts Tom Peake, Nick Fox and Mark Reynolds, founders of Renaissance Pubs, talk Lesley Foottit through the first decade of the south London group as they celebrate a special anniversary Source:The Big Interview: Mark Reynolds, Tom Peake, Nick Fox, Renaissance Pubs A Southend landlady said she fears for her business after protestors attacked the venue for allowing English Defence League (EDL) members to meet in the pub. Source:Southend landlady fears for business after attack over EDL meet More than £1m has already been invested into the latest Equity for Punks fundraising programme launched by BrewDog, the fast-growing Scottish brewer and pub operator, last week. Source:BrewDog fundraising tops £1m in a day Star Pubs & Bars is targeting minimum tenant income of £30,000 a year within seven years. Source:Tenanted Pub Summit: Star Pubs & Bars targets minimum tenant income of £30K a year |
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