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  1. January 12, 2012

    Accountancy: Employers searching for specific skills

    The scope for accountants to develop their careers continues to broaden and the market for jobs remains fluid. This, coupled...

  2. December 16, 2011

    Punch weighed down by sales in North

    Poor sales in pubs in the north have weighed on trading at Punch Taverns. Like-for-like net income in Punch’s core estate of...

  1. October 20, 2011

    Punch highlights debt cut as profits fall £14m

    Punch Taverns reported a £14m fall in full-year pre-tax profits but sought to focus investors’ attention on its efforts to...

  2. FT Alphaville

    October 20, 2011

    Snap news

    Breaking pre-market news on Thursday, - Dexia confirms Dexia Bank Belgium nationalisation, agrees terms on sale of municipal...

  3. FT Alphaville

    September 26, 2011

    Weekend catch-up

    Weekend headlines from the FT and other UK media:* From The FT, - Asda, Lidl, Ocado and George Osborne: the list of those...

  4. September 25, 2011

    Dyson poised to quit as Spirit chief

    Ian Dyson, the chief executive of Spirit, the managed pub operator that demerged from Punch Taverns this year, is preparing...

  5. September 15, 2011

    UBS trader Adoboli held over $2bn loss

    UBS has become the latest bank to experience a rogue trading scandal as it revealed that a 31-year-old trader had been...

  6. September 12, 2011

    Gallagher takes on Spirit finance role

    Spirit, the managed pub operator that demerged from Punch Taverns this year, has appointed Paddy Gallagher as finance...

  7. September 1, 2011

    Food sales help Spirit through dry patch

    This summer proved a difficult one for beer sales at both the companies created last month by the demerger of Punch Taverns....

  8. August 2, 2011

    Punch and Spirit raise a glass

    The Punch and Spirit pub groups began their life as separate companies in rocky trading on Monday, but together delivered a...

  9. July 7, 2011

    Punch Taverns sets date for spin-off

    Punch Taverns has confirmed that the spin-off of its managed estate from its highly indebted tenanted pubs business will...

  10. June 8, 2011

    Southern Cross’s New Horizon smacks of scorched earth

    Whimsical northern man of letters Alan Bennett has filed this dispatch* from a home run by financially troubled care...

  11. June 8, 2011

    Finance chief quits Punch managed pubs unit

    The finance director of Punch Taverns’ managed pubs division, Spirit, has left the company just two weeks after he started...

  12. May 15, 2011

    Finance directors step on to centre stage

    It has been a season to put a spring in the step of finance directors. Within a couple of months earlier this year, no fewer...

  13. May 11, 2011

    Blue glow at Paternoster Square

    There was mild bemusement at the London Stock Exchange on Tuesday when chancellor George Osborne launched its new daily...

  14. May 3, 2011

    Punch Taverns gauges coverage after split

    Punch Taverns is sounding out equity analysts as to whether they will cover the highly indebted tenanted pub company...

  15. April 12, 2011

    Punch cuts value of 2,400 pubs ahead of split

    Punch Taverns has cut the book value of 2,400 of its least profitable pubs, pushing it to a £350.7m loss for the first half....

  16. April 9, 2011

    Dyson in the spirit at Punch

    The drinks are on Punch Taverns’ Ian Dyson, as the recently installed boss works out who will get what tipple in the...

  17. March 25, 2011

    Punch plans to recoup losses with pubs sale

    The Bridge Inn pub, a former Salvation Army headquarters next to a roundabout in Liverpool’s Norris Green neighbourhood, has...

  18. March 25, 2011

    Investors seek debt swap instead of sell-off

    Bondholders to Punch Taverns’ struggling tenanted pub business are seeking ways to fight their corner in the wake of this...

  19. March 23, 2011

    Mamut moves closer to HMV

    Following last month’s excitement about Alexander Mamut’s hiring of Credit Suisse as an adviser, the Russian oligarch is a...

  20. March 22, 2011

    Punch moves to spin off ‘good’ pub estate

    Punch Taverns was a tale of two pub companies long before Ian Dyson, its chief executive, suggested that the condition be...

  21. March 22, 2011

    Dyson frees the Spirit, leaving creditors Punch-drunk

    Synergies are a wonderfully elastic justification for corporate strategy. Ian Dyson, chief executive of Punch Taverns, has...

  22. March 22, 2011

    Punch bondholders attack spinoff plans

    Key holders of bonds in Punch Taverns have reacted angrily to plans by the debt-laden pub group to spin off its managed pubs...

  23. FT Alphaville

    March 22, 2011

    The Ian Dyson detox plan

    Punch Taverns — aka the Toxic Pub Company — won’t be handing back the keys to its troubled tenanted inns after all. Chief...

  24. March 18, 2011

    Punch bondholders eye ‘potential default’ plan

    Bondholders in Punch Taverns are preparing for a potential default by the pub company on debt backed by more than 5,000...

  25. March 11, 2011

    For whom the bell tolls

    News that the London Stock Exchange is to mimic the NYSE and Nasdaq with the introduction of an opening bell ceremony raises...

  26. March 10, 2011

    Punch shares rise on surprise results

    Shares in Punch Taverns rose 6 per cent after the embattled pub group reported better than expected quarterly growth at its...

  27. February 18, 2011

    Punch lenders hold pub talks

    Representatives of lenders to Punch Taverns have held initial discussions with potential new operators for the company’s...

  28. December 27, 2010

    Adviser chosen by Punch investors

    A group of Punch Taverns bondholders has selected Rothschild as an adviser for future talks with the highly indebted pub...

  29. December 19, 2010

    Punch bondholders get advice

    Bondholders are considering their options in the event the pub company calls for debt restructuring talks Bondholders of...

  30. December 17, 2010

    Punch fights back against the cold

    Shares in Punch Taverns rose as much as 13 per cent on Friday after reporting “improved trading momentum” across its estate....

  31. December 10, 2010

    Time for Punch to restructure draws closer

    When Ian Dyson began his new job as chief executive of Punch Taverns in September, it might have seemed his main task was to...

  32. November 17, 2010

    Calling time

    It has been a tumultuous year for pub groups where many behind the bar have called time. It started with upheaval at...

  33. October 12, 2010

    New broom takes his time at Punch

    It is difficult to conjure up a clean slate when talking about Punch Taverns, the 6,700-strong pub company that became a...

  34. October 12, 2010

    Challenges brew for Punch and Whitbread

    A former Marks and Spencer finance director has to be pretty handy with a spreadsheet, but still the mind boggles at the...

  35. October 12, 2010

    New Punch chief promises further pub sales

    Ian Dyson, the new chief executive of Punch Taverns, has promised a comprehensive review of the heavily indebted pub group’s...

  36. October 4, 2010

    National Grid picks ex-Cadbury finance director

    Andrew Bonfield, Cadbury’s chief financial officer at the time of its takeover by Kraft, will join National Grid as finance...

  37. September 13, 2010

    Punch finds itself in last-chance saloon

    It is a cliché of Wild West movie epics that a dust-up in the saloon will be followed by sweeping up on the part of a rueful...

  38. August 3, 2010

    M&S hires Alan Stewart as finance director

    Marks and Spencer has appointed Alan Stewart, who helped turn round WH Smith, as its new finance director. He replaces Ian...

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