Punch Taverns is planning an overhaul of Spirit, its managed pubs arm, home to brands including Chef & Brewer, in its quest to raise funds and reduce its £3.5 billion debt pile.
A raft of new brands are to be introduced, including a carvery chain called Roast Inn and Fayre & Square, a value food offering. Chef & Brewer will also get a makeover.
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http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article6815084.ece
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