Pubs Put Up for Sale As Triple Blow Hits Punch
Sentinel, The; Stoke-on-Trent (UK) › November 11, 2008
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Summary
Pubs across the region are being put up for sale after the UK's biggest pub company posted pounds80 million in pre-tax losses.
The losses at Punch Taverns came after it wrote down the value of its properties by pounds295 million.See the full content of this document
Extract
Pubs Put Up for Sale As Triple Blow Hits Punch
The firm has more than 8,400 pubs and the results reflect falling profits and the lower sales value of almost 500 struggling leased pubs ...
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