Stat of the day: £53.9m

The amount offered by British brewer Fuller, Smith & Turner for a rival pub company - which was then rejected.

by
Last Updated: 09 Oct 2013
With more than 1,000 pubs closing in Britain each year and some chains struggling to cope with increasing levels of debt, it seems mighty magnanimous of brewer Fuller, Smith & Turner to have stumped up £54 million for rival pub chain Capital – particularly since it (Capital, that is) made a £1.5m loss in 2009-10. But that hasn’t stopped Capital from spurning its offer – not once, but twice. Ouch.

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