Full list of 39 Birmingham pubs and bars 'at risk' as parent company faces £2.5bn black hole

Dozens of Birmingham pubs owned by Stonegate Pub Company - including Be At One and the Brasshouse in the city centre - could be “at risk”, the GMB union has warned.

The union claims parent company TDR Capital is seeking to refinance £2.5bn of debt. Justin Bowden, GMB Regional Secretary, said: “The position with the Stonegate Pub Company’s finances is lacking in transparency, with the ultimate holding company based in the Cayman Islands.

“TDR Capital must be accountable to local people and they have a duty to safeguard 4,500 pubs which are vital community assets. GMB’s experience with private equity owners has been, and continues to be, wholly negative.

“We fear for the future of our local supermarkets and pubs in the hands of their private equity owners.”

Stonegate is one of the largest pub companies in the UK, with more than 4,500 pubs and more than 19,000 workers. Gary Lindsay, boss of TDR Capital which also owns supermarket giant Asda, told the Business and Trade Select Committee on Tuesday [9 January] he was ‘confident’ £2.6 billion of debts in the Stonegate Pub Company could be refinanced this year.

A spokesperson for the company said: “We continue to invest in our pubs and our people, in particular supporting local pubs which play such a key role in their communities. Our pub business remains very resilient despite the challenges our industry faces, with good like-for-like sales growth across the group.

"Following our recent successful financing announced in December as well as strong recent trading, we are well placed to deliver on our longer term objectives and we are very confident in our ability to re-finance at the appropriate time.”

The company runs 39 pubs and bars in Birmingham The 38 Birmingham pubs at risk according to GMB are as follows:

• Great Western, Acocks Green
• The Yew Tree, Witton
• Horseshoe Inn, Druids Heath
• Grant Arms, Kings Norton
• Twelfth Man, Edgbaston
• Swan, Erdington high street
• The College Arms, Hall Green
• Harborne Stores, Harborne High Street
• Slug & Lettuce Birmingham, Harborne
• The Bell, Harborne
• The Iron Horse, Stechford
• Digby, Erdington
• Be At One Birmingham, BrindleyPlace
• Reflex Birmingham, Broad Street
• Slug & Lettuce Birmingham, BrindleyPlace
• Brasshouse, Broad Street
• Popworld Birmingham, Broad Street
• Thurlestone, Longbridge
• Coppice, Rednal
• The Old Court, Kings Heath high street
• The Shannons, Bordesley Green
• Great Stone Inn, Northfield
• The Tennis Court, Perry Barr
• Bristol Pear, Selly Oak
• White Hart, Tile Cross
• Slug & Lettuce Sutton Coldfield
• Gate Inn, Sutton Coldfield
• Station pub, Sutton Coldfield
• Weoley Castle Pub, Weoley Castle
• Glamorous Show Bar, Hurst Street
• The Bull Ring Tavern, Digbeth
• Walkabout Birmingham, Regency Wharf
• Felson's Birmingham, Broad Street
• Rosies Birmingham, Broad Street
• Tap & Spile, Gas Street
• Sacks of Potatoes, Gosta Green
• The Gosta Green, The Gosta Green
• Be At One New Street Birmingham
• The Goose, Selly Oak