• Tenanted Pubs – The sale of Admiral Taverns highlights both the operational and the real estate nature of pubs. Page 3
  • Managed Pubs – Greene King’s cautious AGM statement and the challenges of the value food sector. Page 3
  • Pub transactions – A summary of the pub sector transaction highlights and like-for-like sales in managed pub and restaurant operators. Page 4
  • Commentary by Kate Nicholls, Chief Executive of ALMR – “Unjustified business rates are a hungover relic from the time before the digital age”. Page 5
  • Interview with Castle Rock Brewery – Colin Wilde, Managing Director talks about their business and genuine passion for pubs and beer that is driving their success. Pages 6-7
  • Cumulative Impact Policy (CIP) – Steve Burnett, Solicitor at Poppleston Allen discusses what a CIP is, affected areas and how to protect premises licenses. Page 8

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