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Punch Taverns


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1Vote!

Tough times ahead for debt-laden pub chains

Punch Taverns and Enterprise Inns may have reassured the market over their financial health but analysts are warning of tough times ahead

2Vote!

Punch Taverns buys back debt at discount price

Punch Taverns Britain's biggest pub business has become one of the first public companies to buy back its debt from creditors at a knockdown price since the credit crisis began.

1Vote!

Tenants call time on Punch pubs

PRESSURE is mounting on Punch Taverns after it emerged that almost one in five of its tenanted public houses is looking for a new licensee.

1Vote!

Punch Taverns, Enterprise Inns lead leisure sector lower

European equities markets were lower Monday on higher oil prices that hurt the retail and travel and leisure sectors even as Germany, France, the Netherlands and Belgium all banned short-selling of shares in some companies, following the example of the US and the UK as well as some Asia-Pacific nations. In London, the FTSE 100 was [...]

2Vote!

SAVE THE SWAN PUB IN STAMFORD HILL

Regulars at THE SWAN in STAMFORD HILL are fighting plans by PUNCH TAVERNS (boo! hiss!) to flog it off to be turned into a synagogue. The Swan hs been a pub for 250 years and pubs is pubs - not fucking synagogues, mosques or churches. There calling a demonstration at the pub on Sept.20th www.savetheswan.com [...]

+Vote!

Investors should raise a glass to Whitbread’s budget hotels

A day after Punch Taverns’ surprise dividend cut destroyed investor sentiment on a swath of the leisure sector, Whitbread’s second-quarter trading update did its level best to restore it.

1Vote!

Food lovers urged to follow the bear as landmark pub reopens

One of Bath's most distinctive pubs is to reopen - with food cooked by a chef who has worked with some of the biggest names in the culinary world. The Bear on Bear Flat closed in January, sparking a hunt by owner Punch Taverns for ...

+Vote!

Punch Taverns chief adds to pressure on Alistair Darling

Giles Thorley, chief executive of Britain's biggest pub company, Punch Taverns, has backed calls for Chancellor Alistair Darling to resign. The Government's economic mismanagement has left a growing number of leading business figures exasperated by Labour's record.

1Vote!

Scrutineer: Pulling punches, not pints

Punch Taverns 278.25p -38.5p BA 262.5p -10.75p

1Vote!

Punch shares plunge as divi ditched

MORE than £100 million was slashed from the value of Punch Taverns yesterday as Britain's biggest pubs group jolted the City by scrapping its final dividend.

+Vote!

Punch scraps its dividend but claims fall in sales is slowing

Punch Taverns scrapped its final dividend yesterday "to conserve cash" in the face of ongoing economic uncertainty, putting stocks across the sector on the skids.

+Vote!

Fortunes of pubs group highlight sector problems

PROBLEMS in the pubs sector were reinforced yesterday as Britain’s biggest landlord, Punch Taverns, announced a fall in annual sales of 3.4%.

+Vote!

Dividend suspension hits shares in Punch

Investors yesterday joined drinkers in abandoning Scotland's biggest pub owner Punch Taverns as its shares plummeted 12.2% in the wake of a dividend suspension and news of falling sales.

+Vote!

Punch Taverns sees losses

Equities markets in Europe were lower Wednesday on continuing worries about the state of economic affairs. In London, the FTSE 100 was down 2.15 percent to 5,499.7 while the FTSE 250 dropped 1.82 percent to 9,369.7. Pubs operators were lower, led by Punch Taverns (LSE: PUB) which had the worst performance on the 250 with a decline [...]

+Vote!

Punch Taverns' Hangover

The British pub firm with more than 8,400 establishments posts a decline in sales.