When I first started at Newman Gauge a large portion of their work was coming from breweries investing in pubs to drive brands forward and in turn produce more of a profit. A large section of this work was coming from Punch Taverns; the project we were working on were from 30,000 pounds and upwards, the investments are high so therefore fees aren't high but it is still an income for the business.
However, with the economic climate being unstable Punch decided to make some changes to the company and move their debt around to reduce costs etc. in order to push the brand forward and reduce the risk of losing more money.
This can either have an positive or negative effect upon the design industry and in particular Newman Gauge; if they sold some of their pubs they could then invest in the remaining pubs and create work for design practices, or they could just move their debt by leasing pubs or selling and paying of debt.
They decided to do the latter, merging brands, and therefore the work load from Punch Taverns decreased dramatically; they put a large majority of their investment on hold including Newman Gauge's work.
http://www.thepublican.com/story.asp?sectioncode=7&storycode=69246
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