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Merchant Inns report found ’simplistic’ forecasts and ‘weak’ control

An extensive review of Merchant Inns for its bankers warned that its financial forecasts were “simplistic” and its financial control “weak”, more than three months before it went into administration. The boutique pubs-with-rooms operator, owned by property magnate Sir John Ritblat, called in administrators Deloitte in October last year, following the sacking of its chairman, Robert Breare, in August.

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Original post by feedback@caterersearch.com and many thanks to them and their entry and picture of their canopies

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