MARKET REPORT: Who owns forex beer’s not a pretty picture for Photo-Me as shares dive 26. CITY DIARY: What drove RBS’s highly-rated finance chief Ewen Stevenson to quit after just four years? THE PRUDENT INVESTOR: My wife wanted a bigger kitchen, so I sold shares at the worst moment possible! Victims say they never gave away personal details, so have crooks got hold of TSB account passwords?
I’ve had an offer on my dream home accepted but I’m having trouble selling my flat – what can I do to stop the deal falling through? Fosters and Strongbow in every pub? Read this: Fosters and Strongbow in every pub? Brewing giant Heineken was rocked by a backlash from pub landlords yesterday as the company toasted a near-10 per cent rise in profits. We are going to get hundreds of pubs that look the same, serving the same beer. The ordinary, traditional British pub is a dying breed.
Its beers and ciders include Birra Moretti, Amstel, Foster’s and Strongbow. 3bn for 2016 and said it sold 3 per cent more beer globally than in the previous year. UK last year, but sales of premium products saw double-digit growth. 79bn takeover of SABMiller last year.
The deal to buy the Punch pubs is expected to go through in the first half of this year. It is understood Heineken will enforce a stocking policy, but it has not said how much of the beer sold in the pubs will be its own brands. It says publicans will continue to be able to have a say over which beers they stock. Heineken has justified the deal to its investors by assuring them it will use it to improve sales of its brands in high-quality pubs. I want to reassure sceptics that, subject to the deal for us buying the Punch pubs, we will aim to keep selling a number of non-Heineken beers. But tenants of Punch pubs fear that they could be forced mainly to stock Heineken beers.