Broker snap: MPs' report a bitter blow for pubcos

13th May 2009 12:00

A Parliamentary report calling for the reform of the business model adopted by pub companies has sent the sector into a tailspin. The report has called on the Competition Commission to investigate the tied arrangement - referred to in the trade as 'wet rent' - that requires pubs to buy beer and oth

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Imperial chairman buys after results

12th May 2009 17:00

Imperial Tobacco's chairman Iain Napier has lifted his stake in the firm following its first quarter results, spending more than £35,000 on shares. He took 2,257 at about 1,560p a time and now has 12,538. Imperial saw underlying earnings rise for the half-year but shares were hit because of concer

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