The Fair Pint Campaign

News: The Sunday Times article looks at the pressure on the pubco business model

28th September 2008

Under the headline "Tenants call time on Punch Taverns", today's Sunday Times reports that almost 20% of the company's tenanted premises are looking for a new licencee, and forecasts a tougher time ahead for the pubco business model.

Given the difficulties facing landords, the article questions whether the pubcos are charging too much in rent, reiterating investment bank Morgan Stanley's analysis that "the leased-pub business model [is] being sorely tested".

Read the full article online at The Times website:

Register Your Support