All MCA Insight articles in December 2023 – Page 8
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News
Gail’s bolstered by continued top line growth
The artisan bakery chain reported turnover of £135m in FY23, with “healthy growth” in its established locations and c28 openings planned for FY24 as it continues expansion outside the Southeast
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News
Costa debuts streamlined ordering features
The coffee shop chain has reopened its Plymouth outlet with touch screen ordering and order-to-table features
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News
Red Oak Taverns refinances debt with OakNorth
OakNorth had previously financed the business for six years, ahead of Red Oak moving to Hayfin in March 2022
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News
Senior team changes at Brakspear
CFO David Nathan becomes chief operating officer, while property manager Tony Lewis has been promoted to property director
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News
Honest Burgers clashes with the taxman over bill
The business was slapped with a winding-up petition by the taxman last week after talks to agree a “time to pay” arrangement collapsed, The Sunday Times reports
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News
Jamie Oliver Catherine St, London: ‘Lots to be high spirited about’
Chef serves up greatest hits at first opening since 2019 collapse of Jamie’s Italian chain, The Guardian reports
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News
Pret Christmas sandwich review: ‘It just reminds me of sadness’
The Sunday Times appraises the food to go chain’s festive special which swaps out carrots for squash
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News
Gymkhana’s owner raises funds to buy out investor with Abraaj ties
JKS Restaurants has raised in the region of £10m to expand its portfolio of restaurants and bars into more international markets, the Financial Times reports
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News
Coco di Mama expands partnership with Roadchef
The Italian food-to-go brand will bring its pasta offering to up to eight motorway service areas across the UK by January 2024
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Analysis & Insight
Hospitality debt burden tops £3bn for first time
The debt burden of the UK’s top 30 restaurant groups has broken through £3bn for the first time, according to new research by UHY Hacker Young
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News
Amorino opens three more
The artisan gelato concept is accelerating its expansion in the UK, part of a plan to reach 50 by 2025