Enterprise Inns says pub closures are slowing

Published 29th Sep 2009

For those who hate to see boarded up pubs littering Britain's towns and countryside, some good news from Enterprise Inns.

In a trading statement today the company said the rate of pub closures was slowing, and fewer tenants were needing financial support. It said the number of closed pubs now stands at 90 from around 100 in July.

The costs of supporting tenants continues to hit the company's overall profitability, and there are still regulatory issues following an Office of Fair Trading investigation brought about by a super-complaint from Camra.

Source: ' Guardian '

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