All Finance articles
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NewsWasabi grows sales past £130m despite pressure from labour costs
The sushi and bento operator increased turnover by 3.2% as new openings and growth in grocery helped offset rising labour cost pressures and softer consumer spending
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NewsKFC UK & Ireland delivers 8% like-for-like sales in Q2
The fried chicken chain’s UK & Ireland business achieved its highest sales week with its Pickle Mania LTO, while Taco Bell UK has boosted sales with the launch of new drinks range Baja Blast
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InterviewsSourdough Sophia close to £1m fundraise target
The neighbourhood bakery will open its seventh site – and first in central London – tomorrow with the business currently exploring locations in the south and west of the capital, co-founder and CEO Sophia Handschuh tells MCA.
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NewsTonkotsu achieves +11% increase in turnover
Ramen restaurant group Tonkotsu said its strong revenue growth was supported by new locations, an updated menu design, and price optimisation, with up to four additional sites planned over the next two years.
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NewsBanana Tree sees boost from new Cardiff flagship
The Big Table Group-owned South-East Asia restaurant saw its first site in Wales perfom “exceptionally well”, however the impact of cost pressures and consumer confidence resulted in a loss before tax in 2025
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Analysis & InsightRapid churn of closures and openings sees number of hospitality outlets hold steady in Q2
The latest Hospitality Market Monitor highlights particularly significant churn in the bar sector and shows that Britain’s city centres remain resilient despite the sector’s challenges
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NewsWhitbread appoints new non-executive director
Mark Allan, CEO at Land Securities Group, begins his role on 1 October 2026 and will also join the audit committee and nomination committee.
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NewsJulio Santoyo steps down as Leon MD after two months
Santoyo left his role as director of UK operations at Pret to join Leon in May 2025, but has stepped down after less than two months
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NewsPoolhouse raises $55m in new funding round
Led by Bluestone Equity Partners, the financing values the startup at more than $100m and will fund international expansion, The New York Times reports
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NewsWetherspoons hoping for World Cup boost to offset consumer pressure
Wetherspoons is expected to report further sales growth when it provides a fourth quarter trading update on Wednesday, The Standard reports
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NewsHospitality insolvencies decline as World Cup and warm weather boost trading
RSM reports that the combination of summer sun and major sporting events has given the hospitality industry ‘an important lifeline’ with insolvencies across the sector down 15% month-on-month
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NewsCustomer growth drives record turnover for Ole & Steen
The Danish bakery and coffeehouse group, which operates 26 sites in the UK, achieved 7.1% customer growth last year, leading to a 10.3% increase in like-for-like sales
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NewsJW Lees achieves record financial performance
The 138-strong brewer and pub operator saw sales surpass £100m in the year to 31 March, with record profit before tax of £8.8m
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NewsTurtle Bay secures creditor approval for CVA
The Caribbean-inspired restaurant group has closed four sites in Solihull, Walthamstow, York, and Middlesborough, albeit the majority of sites are unaffected
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NewsTRG sells Concessions division to Areas
As part of Areas, The Restaurant Group’s Concessions business will gain access to a global network, operational expertise, and wider portfolio of international franchise brands, allowing it to continue expanding
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NewsBrava Hospitality reports double-digit revenue growth
The Prezzo and Jamie’s Italian operator increased revenue by 12.3% in its second quarter, driven by ongoing investments across the Prezzo portfolio and a strong early performance for the recently relaunched Jamie’s Italian
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NewsBOXPARK hits financial milestone with first million-pound week
The group has reported the biggest grossing revenue week in its history, surpassing the £1m mark in a single week for the first time, driven by its most successful World Cup activation to date
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NewsSpaghetti House to be dissolved
The Italian restaurant group entered into administration but failed to secure a buyer, with US sandwich chain Jersey Mike’s taking over its Argyll Street location for its London debut
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NewsWahaca acquired by Luke Johnson’s Risk Capital Partners
The deal follows the Mexican restaurant chain’s announcement, in March this year, that it was working with advisory firm BDO to identify a new strategic partner to inject fresh capital into the business and to support the next stage of its expansion.
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NewsNotes increases sales but losses widen
The specialty coffee and wine-bar operator grew turnover by 15% in 2025 with three new locations