Finance

  • Patrick Dardis, Young's
    News

    Young’s FY managed lfls up 5.1%

    2019-05-23T06:31:00Z

    Young’s has reported like-for-like (lfl) sales up 5.1% in its managed house division for the year to 1 April – up from 4.2% the year before.

  • Miller & Carter exterior
    News

    M&B lfls up 4.1% in H1

    2019-05-23T06:22:00Z

    Mitchells & Butlers has reported like-for-like sales (lfl) sales growth of 4.1% for the 28 weeks to 13 April 2019.

  • News

    Wagestream raises £40m

    2019-05-22T07:33:00Z

    Wagestream, which provides flexible payroll solutions for Roadchef, Stonegate and Wagamama, has raised $51m (£40.1m) in series A funding.

  • News

    Laura's London launches Seedrs campaign to fund café roll out

    2019-05-21T07:31:00Z

    Premium cake and catering studio Laura’s London has launched a crowdfunding campaign on Seedrs, to help kick-start a roll-out of cafes.

  • Downing Crowd launches bond
    Opinion

    Analysts corner: Mitchells & Butlers

    2019-05-21T07:12:00Z

    Ahead of its H1 results this Thursday, analyst Goodbody offers up its thoughts on what we could see from the pub, bar and restaurant operator’s update.

  • deliveroo
    Opinion

    Amazon gives Deliveroo 'capital and kudos'

    2019-05-21T07:10:00Z

    Does Amazon’s $575m lead investment in Deliveroo represent more than just capital? MCA’s Finn Scott-Delany looks at the potential synergies of the partnership, and the implications for restaurant brands. With commentary from MCA’s Steve Gotham, CGA’s Karl Chessell and YFood’s Nadia El Hadery.

  • City Pub Group
    News

    City Pub Group YTD sales up 35%

    2019-05-20T07:32:00Z

    City Pub Group has issued a trading update ahead of its AGM today, in which it revealed that sales for the 19 weeks to 12 May were up 35% on the previous year.

  • Deliveroo rider
    Opinion

    Amazon/Deliveroo: 'The race is now on'

    2019-05-20T07:32:00Z

    Amazon’s re-entry into the food delivery market, leading a fresh round of investment in Deliveroo, piqued the interest of many in the industry. MCA news editor Finn Scott-Delany discusses what the move mean for the key players in the space, and prospects for consolidation.

  • pret a manger
    Opinion

    Ready to EAT

    2019-05-17T07:54:00Z

    MCA editor James Wallin looks at the rationale behind Pret’s move to acquire EAT, what the scope is for the Veggie Pret format and whether a deal would spark more consolidation in the sector.

  • Frankie and Bennys
    News

    TRG lfls up 2.8%

    2019-05-17T06:29:00Z

    The Restaurant Group (TRG) has reported like-for-like sales in the 19 weeks to 12 May up 2.8%.