All Finance articles
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NewsEvolv Collection acquires Vinoteca
The Evolv Collection has acquired London wine bar group Vinoteca. Both businesses are backed by Breal Capital, but Evolv confirmed to MCA that it was a normal cash acquisition rather than a portfolio restructure.
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NewsStarbucks returns to growth after seven quarters of decline
The coffee giant reported a return to comparable sales growth in Q4 FY25, having closed more than 600 stores as part of its restructuring, including 10 in the UK
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NewsIncipio Group delivers 22% like-for-like growth
The London bar-restaurant group reported a strong 2024, with its upcoming venues at the Olympia development set to double the group’s turnover
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NewsKKR in talks over Costa takeover
The American investment giant, which has attracted activist boycotts over its links to Israelli cyber-security, is in talks to buy the Coca-Cola owned coffee company
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NewsStarbucks UK set to close 10 stores
The coffee giant is set to shutter 10 stores by the end of the month, after announcing plans for closures as part of a $1bn restructuring
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Weekend PressIs karaoke a cultural attraction? The UK taxman thinks not
Karaoke chain Lucky Voice is locked in a dispute with HMRC to claw back £250,000, claiming it should have qualified for a reduced tax rate during the pandemic, The Sunday Times reports
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NewsUrban Village looks to secure EIS liquidity requirement
The 10-strong operator has appointed Savills to conduct a strategic review as the 10-site operator seeks a liquidity event for Enterprise Investment Scheme investors
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NewsZuma and Roka owner enters partnership with Abu Dhabi luxury hospitality investment company
Azumi has entered into a partnership with DIAFA, which will mark a ‘new era of global growth’ alongside existing partner Doğuş Hospitality
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NewsRevel Collective launches formal sales process
The pub and bars business is facing a ‘continued period of external challenges’ and has warned it risks breaching its banking limits in the new year
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NewsMahiki acquired after ‘forensic’ due diligence
The Polynesian-inspired nightclub brand, popular with A-listers and royals, has been acquired an Australian investment firm after suffering “significant legacy issues, unresolved creditor positions, complex contractual entanglements and the erosion of brand value”
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NewsCoca-Cola: ‘Costa business is doing well’
Coca-Cola CEO James Quincey says Costa has seen investment and volume growth in its UK estate, but is “standing back and reflecting” in what’s next for its coffee strategy
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NewsBrunning and Price sees ‘significant potential’ in bedrooms
The Restaurant Group-owned pub company plans to open three-six new sites in 2026, after outperforming the market in its latest financial results
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NewsPizza Hut UK acquires 64 restaurants in pre-pack deal
While almost half of Pizza Hut’s dine-in sites have been acquired out of administration, 68 restaurants and 11 delivery sites will close as part of the deal, resulting in more than 1,210 job losses
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NewsVarious Eateries beats expectations with 6% revenue growth
The Coppa Club and Noci operator expects full-year revenue of £52.4m, with like-for-like sales up 4% during H2
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NewsAmber Taverns delivers record turnover of £120m
The community pub operator, which trades from 184 pubs across the UK, saw turnover increase 9% year-on-year, with profit before tax up 7% to £19.1m
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NewsWhitbread: New integrated offering offsets F&B sales dip
The Premier Inn operator has reported a 4% decline in its F&B sales in H1 FY26, in line with expectations as it removes its lower-returning branded restaurants
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NewsRed Engine agrees further £10m investment
The new financing, from Santander, HSBC, and Barclays, will enable the operator to continue expanding its Flight Club and Electric Shuffle brands
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NewsUK sales growth drives results for Nero Group
The parent company behind Caffè Nero delivered record sales of £166m in the first quarter of its financial year, boosted by 7% growth in the UK
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NewsMiddletons appoints advisors to assess options
Trading at the steakhouse & grill concept has been adversely impacted by the current economic factors, particularly rising food costs and changes in consumer spending habits
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NewsGerry’s Hot Subs closes successful fundraising round
The American-style premium subs concept, led by Bodean’s founder Andre Blais, has secured £250k in new investment to help fund its next two openings