All Finance articles – Page 11
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NewsPub bosses warn government over £1.7bn tax on business
The leaders of JW Wetherspoon, Fuller’s and Greene King have called for the “unfairness” in the business rates system to be rectified if further pub closures are to be avoided
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NewsDarwin & Wallace slowly seeing benefits of group structure
The Portobello Starboard-owned bar and restaurant business has closed two further sites since its year end, however improvements are being made under its new ownership structure
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NewsUK firms brace for price hikes and job cuts amid rising payroll costs
Nearly half of UK businesses expect to raise prices in response to the April 2025 increases in NI contributions and minimum wage levels, according to S&P Global’s latest Business Outlook survey
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NewsMarket Halls achieves highest ever sales
The food hall operator, which recently acquired Brighton’s Shelter Hall, reported like-for-like sales growth of 19.8% along with its highest ever EBITDA
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NewsYoung’s ‘confident’ about the year ahead
The premium pub operator achieved like-for-like sales growth of 7% in the 14 weeks to 8 July 2025 – boosted by the warmer weather this spring and summer – as its strong sales momentum continues.
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NewsHarry Ramsden’s owner signs licensing deal with ‘major’ UK supermarket
The owner of Harry Ramsden’s reported a positive trading update, following a year of strategic site disposals, franchise expansion, and a new licensing deal
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NewsAuntie Anne’s UK growth boosted by strong like-for-likes
The food to go concept, known for its hand-rolled pretzels, achieved 10% like-for-like growth in 2024 and is pushing to reach 100 sites
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NewsHoni Poke acquires Island Poké
The combined businesses operate 45 sites across the UK and Europe, in a strategic move to establish Honi Poke’s position as the UK’s leading poke operator
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Analysis & InsightGreggs shares drop in wake of profit warning
Barclays analyst Richard Taylor cited “concerns of overexpansion,” saying investors are “reasonably questioning whether the scale of the rollout is still appropriate”
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NewsPortobello Pub Company ‘consistently ahead of market peers’
The Zetland-backed, 27-strong pub group said like-for-like growth remains strong in a challenged market, with group revenue of £29m
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NewsCooks Coffee nears 100 sites
The Esquires cafe operator increased sales by 27.8% to £10.2m in Q1 FY26, reflecting strong trading momentum
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NewsSan Carlo nears £80m turnover
The premium, family-run Italian restaurant group posted £77.9m turnover in its latest accounts, as it expands its overseas footprint with launches in Miami, Egypt, Bahrain, and Morocco this year
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NewsPizza Pilgrims looking to add 10-plus sites by FY27
The 25-strong pizzeria business has reported record revenue for the year to 30 June 2024 – up 20% to £34.4m, while securing multiple new sites
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NewsHeavitree pubs recording strong top line trading
The Exeter-based brewery and pub company recorded an increase in turnover of 3.62%, to £3.52m, for the six month to 30 April 2025, with profit before tax of £1.5m for the period.
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NewsAdnams reduces borrowings by £7m
The brewer and pub operator said debt reduction and increased confidence in transformational investments would all lead to sustainable growth in shareholder value
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NewsEvolv Collection ‘happy’ with 2024 performance during transition period
The premium hospitality group, formerly known as D&D London, reported turnover of £126.4m, for the year ended 30 September 2024, with loss before tax amounting to £13.4m. Sales performance has been strong since the year end
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NewsMoto Hospitality continues investing in ‘transformation’ of rest stop experience
The MSA operator is rolling out new brands and EV infrastructure as well as improving the customer experience through tech
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NewsBenugo turnover surpasses £134m
The café, deli, and restaurant group achieved the highest turnover in its 26-year history in 2024, while securing new contracts at locations like St Paul’s Cathedral and Windsor Castle
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NewsLola’s Cupcakes triples pre-tax profits
The bakery business, which trades from 40+ locations, reported sales of more than £26m in 2024, with plans to continue expanding in the Southeast and beyond
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NewsBrewhouse & Kitchen to expand ‘when conditions improve’
The pub operator reported a slight dip in turnover to £16.3m, albeit like-for-like sales growth improved to 2.5% in the first 35 weeks of its current financial year