Pubs
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Chucking out time for pubs is boost for new homes
65% of the pubs to have closed since 2000 have seen plans lodged for a change of use to residential
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Greene King play gives sector liquid courage
Marston’s, JD Wetherspoon and Mitchells & Butlers have all enjoyed share boosts
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CK Asset Holdings to buy UK pub group Greene King
Li Ka-shing will add the maker of Abbot Ale and Old Speckled Hen to his slate of British assets
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Stonegate buys bigger rival in £1.3bn deal
Combined group will have close to 5,000 UK properties
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Two northern breweries enter administration
Two northern breweries, York Brewery and Mitchell’s of Lancaster, have gone into administration, with Duff & Phelps appointed as administrators. York Brewery, established in 1996, operates four pubs and a…
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Nearly a quarter of UK pubs shut since 2008
There are 38,815 pubs in the country, down by 22.9% since 2008
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Cerberus calls time on £400m pub portfolio
Cerberus Capital Management is preparing to offload around £400m of pubs from its £1bn portfolio
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Mitchells & Butlers to sell £50m pub portfolio
Harvester operator Mitchells & Butlers is selling 75 UK pubs for £50m
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Wandsworth moves to protect its pubs
In a bid to prevent its pubs being converted into residential units or shops, one London council is excluding them from permitted development. Will it make a difference, and will…