Punch Drunk ; Your Money

Summary


BRITAIN'S biggest pub company slashed pounds 663million off the value of its boozers yesterday.

Debt-laden Punch Taverns was forced to write down the value of its 7,600 premises after admitting the future looked bleak.

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Extract


Punch Drunk ; Your Money

The firm, which owes an eyewatering pounds 3.5bn, saw losses almost ...

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