Monday, September 15, 2014
Article in Lancashire Telegraph by Mark Briggs (Real Ale Up North @ )
This former Enterprise pub was on its arse twelve months ago!
This article stimulated a discussion in the CAMRA (unoffical) facebook group which included a comment by Martyn Cornell, well known British pubs and beer expert who publish articles praising people such as CEO's of pubco's like Ted Tuppen for being saviours of the pub industry (which is visibly collapsing around the country), pointing out that pubco's' expecations of return on investment make them sell pubs they believe to be non viable and there's nothing wrong with that. He uses the term 'ROI' which in itself implies there IS an INVESTMENT in the first instance... My observation was:
Pubco's, by and large, apart from the initial purchase, do not invest in pubs. Pubco's misrepresent their pubs' potential for future profits, set rents at the value of the business post investment by an individual, imaginary lessee, and market them to let accordingly.
The incoming lessee/licensee/publican is the one who invests, directly financially, and with effort, skills, experience, time and graft. The pubco's then reward the lessees by supplying their estates with tied beers at prices increased dramatically over open market rates (up to double free of tie rates) by their profiteering margins.
These nefarious dodgy activities diminish the potential returns that tied publicans can earn, depress profits and leads, over decades, to serial business failure of pubs, massive tenant churn, and to chronic lack of investment in the fabric of the British tied pub estate.
The symptoms of this sickness in the pub sector is thousands of boarded up, run down, evidently failing pubs all over the UK. The costs to the exchequer are huge as business failure leads to families being evicted and housed by local authorities, huge losses to HMRC and to demands on social security. In effect, the tied pubco 'business model' is massively subsidized by the public purse. Ironic that when Admiral Taverns went into administration its main creditor was Lloyds Tsb, when the business was bought by American hedge fund Cerberus the bank - ergo the taxpayer - took a £600 million hit on the debt. That all worked out well for pubs and community and let Admiral continue on its own way meddling in tied pubs without the weight of all that very nasty debt that is forcing Enterprise and Punch to sell pubs off as fast as they possibly can, in an effort just to meet interest payments on the gargantuan loans they raised irresponsibly to buy their bloated run down estates in the first place.
Much of this damage to community and society is entirely avoidable but not as long as the beer tie remains roundly abused by corporate robbers like Enterprise Inns.
They're all at it by the way - Greene King and Marston's are just as bad. And many of the 'family brewers, like Shepherd Neame, are bandits in this area too.
Friday, September 05, 2014
Article in Camden New Journal 4 Sept 2014
“Our nostalgic memories will have no effect on what happens today. The change is not an issue for the planning authority. The proposals hold no threat to the Golden Lion.” What? "Hold No Threat"?
Who is this Peter Lerner who claims to be a founder of CAMRA? Who, as a 'founder member' would utter such nonsense if they had any understanding of the value that good pubs bring to good communities?
#GreatBritishPubcoScam there is NO @FairDeal4Locals
Thursday, September 04, 2014
From Brighton and Hove News 04.09.2014
The Bevvy, also in Brighton, offers an ideal alternative to the social train wreck that’s happening at the Toby. This pub has been run into the ground by poor management over thirty years and needs substantial investment to make it relevant for contemporary purpose. A hostel is not enough for buildings like this one that are positioned in the heart of communities all over the UK. They need reinvention that comes out of joined up thinking to make them work for people now.
Thursday, August 21, 2014
Appalling. This is called The Great British Pubco Scam.
|photo from Get Reading|
This commercial activity of closing pubs and selling them as property assets has a permanent destructive impact every community it happens to. These companies run down the pubs by fleecing successive tenants, charging too much rent and up to double the open market price for the supplies they oblige them to buy, churning tenants through the pub, lease after lease, until the buildings become so run down no one will rent them again
Look around our cities, towns and villages. Look across the entire landscape from John O'Groats to Land's End. Nowhere is immune to Pubco Blight. It's worse than Dutch Elm disease and Ash Die Back put together, it's impacting communities everywhere as we lose our places of congregation and comfort, our most treasured places, our homes away from home, forever.
Wednesday, August 20, 2014
Reading's Pubs Closures crisis
Excellent article from Gareth Epps 20 August 2014, see his blog here: http://bit.ly/1vjBUic
Reading and its surrounds are in the midst of a pub closure crisis.
The sudden departure of the landlord of the Lyndhurst and its closure on Sunday is the latest in a string of closures. I am writing this sat in Wokingham’s Shute End headquarters, about to speak in my CAMRA role (strictly non-party political) in favour of Wokingham using an Article 4 Direction to force Enterprise Inns and Tesco to seek planning permission for their attempt to turn the Maiden Over in Earley – a successful pub in the Good Beer Guide – into yet another Tesco. There is no other pub within a kilometre, and the nearest has a temporary manager in situ and is rumoured to be bought up by another supermarket. Meanwhile the Horncastle on Bath Road has also shut.
All three pubs are owned by Enterprise Inns – Britain’s biggest and most notorious pubco, much-criticised for shutting good pubs and treating landlords appallingly.
The Eldon Arms has also shut, a Wadworth’s pub where the family brewer’s friendly image has quickly vanished after a dispute with licensees who had to close the kitchen down after getting rave reviews for their food. Another Wadworth’s pub, the Star at Waltham St Lawrence, is also reportedly about to close.
Meanwhile objections are being submitted to the application to remove the last traditional skittle alley in the area, the formerly Punch Taverns-owned Red Lion at Theale – also in the Good Beer Guide until it was closed with no notice. This will be a test for a West Berkshire Council’s new and robust pro-pub planning policies.
CAMRA has thankfully stepped up its pub protection campaigning under pressure from members; the new Pubs Matter campaign site from CAMRA is set up to pressure politicians to close the planning loopholes that allow the backdoor closure of pubs and change to supermarkets. Meanwhile the Fair Deal for your Local pubco reform campaign headed up by Greg Mulholland MP is gathering pace before a critical vote which will decide whether the Bill before Parliament has teeth.
One thing is certain – people in and around Reading who care about community pubs have plenty of reason to get stuck into these campaigns. Having had to organise an emergency meeting three weeks ago about one pub closure only to be told of others, I would urge like-minded people to join me in this.
Tuesday, August 19, 2014
Punch tenants buy Carlsberg wholesale through tied supply chain at £143.70
(11gal 88 pints without wastage) + VAT = £1.96 pint
Similar profiteering wholesale prices are evident in all tied agreements with all pubco's / family brewers. Wadworth's for example, right now, are charging more than Punch for Carlsberg and an 11 of the same beer can be bought for £68+vat from wholesalers.
CASH&CARRY the same Carlsberg 11gall keg is £84.49
(11gal 88 pints) + VAT = £ 1.15 pint (+ free 6 bots of wine with order of 3 kegs)
Without any negotiation for volume discounts. Independent wholesaler prices are less than Cash&Carry.
J D Wetherspoon's SELLING the same Carlsberg for £1.80-£1.99 a pint inc Vat
Punch, Enterprise et al buying power is undoubtedly as strong as Wetherspoon's - their estates are considerably larger and annual volumes greater. They OBLIGE their tenants to BUY beer at the same price, or more, than JDW charge customers over the bar. JDW consistently outperforms much of the rest of the pub sector in profitability.
Punch and Enterprise et all profiteer and still cannot keep up with their gargantuan interest payments on debt
It is a scam
Sunday, August 17, 2014
RALPH FINDLAY INTERVIEW: My F-Plan* to save the Great British pub... that's females, family, food and forty to fifty-somethings
|photo copyright Paul Lewis|
F-Plan Ralph doesn't mention, of course the other part of his Plan, which proves that he cares to do F-ALL about pubs, really, other than treat them as widgets to be pushed around a balance sheet from one row to another until they fall off the page into a more lucrative form of income for his
You Are F-PlanTastic Ralph! Pub lovers all over the British Isles Salute YOU!
UPDATE 20 August 2014: Ralph Findlay blames Politicians for the failure of Marston's pubs.
What most people who write, commentate, vlog and talk and lobby about when it comes to pubs in the UK is not about pubs. They do it all about BEER. Now I can understand this, slightly, but the fact is that without PUBS there's nowhere to buy BEER. That is why micro pubs are popping up all over the country and people, communities, everywhere, are becoming so concerned about THEIR PUBS ARE CLOSING that they are beginning to mobilise to try and buy their Locals as the Pubco's try to flog them off for alternative use. The efforts to fight the tide of closures are huge, stalwart and determined but in the face of the torrent of collapsing failing pubs it's like a kiddie with a finger stuck in the bottom of a crack in a dam.
My thoughts on Perfect Pint's Tweet:
So Perfect Pint: Sort out your spelling and grammar and get with the pro pub programme instead of promulgating part of the pro pubco propaganda as peddled by the pub sector poodle, the BBPA
|BBPA bleating on about all the horrible things that happen to their rich paymasters|