Fuller’s, the London brewer and pub operator, has been given until 5pm on 1 August to make a “firm intention” to make an offer for Capital Pub Company or withdraw its interest in the firm. That ruling comes from City watchdog the Takeover Panel, which said that if Fuller’s announces that it doesn’t want to bid, the brewer can not make any further approaches for six months from 1 August. Capital, which runs 34 pubs in London and the surrounding area, last month earlier rejected two bids from Fuller’s for 175p and 200p per share. Clive Watson, chief executive of Capital, said at the time: “The Capital Board have made it clear that there is no intention of engaging with Fuller’s on the proposed indicative offer terms.”