The boss of Punch Taverns, Britain’s biggest pub company, called time on his nine-year tenure and walked away from the debt-laden business. Giles Thorley, a lawyer and banker before he went into the business, personally made tens of millions of pounds from Punch in the pre-recession boom, but the company – which has a stockmarket value of £540m – is now hobbled by a debt mountain of more than £3.5bn. Shares in Punch, which have provi ... Jump to full article >>