All MCA Insight articles in April 2014 – Page 16
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NewsMarston's reiterates Scotland growth plans
Marston’s has reiterated plans to open five pubs a year in Scotland on the first anniversary of its venture north of the border
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Eagle Eye raises £6m after announcing IPO
Digital loyalty company Eagle Eye, which works with hospitality and food service groups including Mitchells and Butlers, Gondola Group, Tragus and Greggs, has raised £6m after announcing its £33m flotation on AIM
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NewsPrezzo FY EBITDA up 13%; plans 25-30 openings this year
Prezzo, the Jonathan Kaye-led restaurant group, has reported a 13% rise in adjusted EBITDA to £28.9m in the year to 29 December on revenue up 15% to £166.5m, and said it planned to open 25-30 new sites by the end of this year
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NewsEAT to complete refurbs early; eyes acquisitions
EAT, the Lyceum Capital-backed chain, is due to complete its store refurbishment programme six months ahead of schedule in December and will target acquisitions from the start of 2015, chief executive Adrian Johnson has told M&C Report
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NewsThe Noodle House targets UK growth
The UK operator of The Noodle House, the Jumeirah Restaurants-owned, South East Asian casual dining brand, has signed an agreement to open 27 UK sites over 10 years and would target locations inside and outside London, M&C Report has learnt
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NewsGovernment lobbied over pubco reform
The Government has been lobbied from both sides of the debate on pubco reform in the past week, as anxiety grows over whether legislation will be announced in this Parliament
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NewsChen becomes Apostrophe CEO
Amir Chen, the driving force behind London-based patisserie chain Apostrophe, has changed his position from managing director to chief executive after catering company CH&Co acquired the remaining 50% stake in the business that it didn’t own
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NewsJust Eat share price falls
Shares in Just Eat, the on-line takeaway platform, have fallen significantly since a spike on its first day of trading on the London Stock Exchange
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BCI sells four pubs
British Country Inns (BCI), the Enterprise Investment Scheme (EIS)-backed company, has sold four of its planned seven disposals, M&C Report has learnt
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NewsMaple Moose expansion continues
Maple Moose, the dessert bar concept that launched in Ireland in 2008, has continued its UK expansion with the acquisition of a site in Canterbury and has also signed up a fourth franchisee, M&C Report has learntcafe
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Faucet Inn to open £1m Stratford venue
Faucet Inn, the London-based company led by Steve Cox, is to open a new £1m site in Stratford, east London, M&C Report has learnt
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NewsSpragg steps down as PizzaExpress MD
James Spragg, the former chief executive at Yellowhammer Bars, has stepped down as managing director of restaurants at PizzaExpress
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Stock Spirit loses major backer
Private equity firm Oaktree Capital Management LP has sold its entire shareholding in distillery Stock Spirit Group causing shares to fall 30.5%
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PRS income from pubs and clubs grows 2.1%
Revenue from pubs and clubs for PRS for Music, the music royalties collection agency, returned to growth in 2013, increasing 2.1% to £38.5m
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Bravo Inns buys Chester pub
Bravo Inns, the Warrington-based pub operator, has acquired the freehold of its 35th site, the Little Oak in Boughton, Chester
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Oaka Group targets second London site
Oaka Group, the sister company to the Peterborough-based Oakham Ales, is still actively seeking a second site in the capital, director Paul Hook has told M&C Report
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Chameleon eyes investments over acquisitions
Chameleon Bar & Dining, the food-led pub group run by former Punch operations director Phil Strong, is expanding through investing in its six existing sites after struggling to find suitable new premises, M&C Report has learnt
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Burton-Race to open Notting Hill restaurant
High-profile chef John Burton-Race is returning to London after 12 years, with the opening of The New Angel in Notting Hill later this month
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St. John founder wins Lifetime Achievement Award
Fergus Henderson, a founding partner of infamous London restaurant St. John, has been awarded The Diners Club Lifetime Achievement Award as part of The World’s 50 Best Restaurants Awards 2014
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Koh Thai Tapas raises £1m for rollout
Koh Thai Tapas (KTT) has raised more than £1m towards its expansion, managing director Andrew Lennox has told M&C Report