Red Mist Leisure, who own 10 pubs, 5 of which are in the Surrey Hants Borders Branch Area, have sold their business to Red Lion Holdings.

This includes the following pubs:

• Exchequer, Crookham Village

• Queen's Head, East Clandon

• Castle Inn, Farnham

• Stag on the River, Lower Eashing

• Duke of Cambridge, Tilford

The Duke of Cambridge is also the home of Tilford Brewery. No idea of the detail yet, but this type of deal rarely end up being positive for the beer drinker.