Pan Yuk
Lotting premiums, covenants and Enterprise Inns
James Ainley, the pub sector analyst at Panmure Gordon, has done some interesting digging on Enterprise Inns.
According to Ainley, its seems that one reason Enterprise has been able to stay within its net worth covenants is its very liberal use of a 20 per cent “lotting premium”
Live blogging the Bradford & Bingley shareholder meeting
To Sheffield. It’s raining.
B&B has booked the the whole of the Sheffield Arena for the EGM to vote on their re-re-refinancing. But they might have been overly cautious; turnout could be thinner than the bank’s AGM in May.
