All Finance articles – Page 13
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NewsThe Salad Project completes £9m fundraise
Active Partners has come onboard as investors in the premium salad concept, joining Soho House founder Nick Jones and Deliveroo founder Will Shu, as the business gears up to open its first international site, in Paris
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NewsScotland’s hospitality sector demands 40% business rates support
Five of the country’s hospitality trade bodies have joined forces to call for an extension to rates support ahead of this week’s budget
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Weekend PressBailout for pubs will put out one fire, but Reeves could still get burnt
Senior ministers have warned that the chancellor’s business rates bailout for pubs must be extended to other sectors to prevent the death of high streets, reports The Times
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Weekend PressWhere Labour’s business rates blow will hit hardest
As Rachel Reeves considers backtracking on changes in her budget to the rateable value of commercial properties, The Times reveals which UK areas will suffer most
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NewsSoho House deal in jeopardy after key investor pulls funding
The take-private deal is in doubt after the private members club operator revealed New York City-based MCR Hotels would not be able to fully fund a $200m equity commitment
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NewsCaprinos Pizza reports 14% rise in like-for-likes
The 120-strong franchise pizza business, which is targeting 20 new site openings this year, said its results had been driven by successful multi-channel marketing campaigns, new product innovation, and growing brand loyalty.
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NewsGreggs: ‘We continue to reassure our investors’
Commenting on pressure from activist investors to cut costs in order to avoid a potential private equity takeover, Greggs’ CEO Roisin Currie told MCA it is already focused on efficiencies and is in “good dialogue” with its investors
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NewsGovernment set to announce U-turn on business rates hikes
After weeks of mounting pressure from industry groups and MPs, it is understood the Chancellor is looking at how to offer additional financial support to pubs facing huke increases in their business rates bills
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NewsHospitality warned not to protest over business rates hike as cabinet revolt brews
The government has reportedly been warning businesses not to protest over the changes if they want to get any concessions amid ‘ongoing cabinet-level opposition’ to the hike
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NewsScottish hospitality warns rates rise will serve as ‘closure notice’ to country’s high streets
The Scottish Hospitality Group has described the latest non-domestic rates revaluation as ‘totally disconnected from the trading reality’
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Analysis & InsightDoes there need to be a rethink in how the hospitality sector lobbies the government?
Successively damaging budgets have left some operators calling for an alternative approach to how the sector and its trade representatives engage with government
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NewsIndividual Restaurants reports loss; makes senior team promotions
The owner and operators of Piccolino, Restaurant Bar & Grill, Riva Blu and Forbici, reported a loss after tax of £10.5m for the 52-weeks ended 30 March 2025, despite increasing like-for-like sales over the period.
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NewsPunch Pubs reports EBITDA uplift
The pub company achieved revenue for the period of £337.9m, compared to £323.5m in FY2023/24, with growth largely driven by the further conversion of pubs from its L&T model to its Pub Partnerships business.
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NewsGordon Ramsay Restaurants appoints CFO
Nick Allen was previously group CFO at Holland & Barrett and CFO at Starbucks EMEA
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NewsUK hits ‘peak Costa’ as chain’s losses double
The high street coffee chain suffered its worst performance since 2021 amid pressure from cut-price rivals
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NewsRevolution Bars owner plots swift sale as cash crisis deepens
Neos Hospitality is among the parties which are said to have expressed interest in buying some of The Revel Collective’s assets as shareholders face being left empty-handed, Sky News reports
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NewsJW Lees achieves strong retail sales growth in year to date
The seventh-generation family brewer and pub operator achieved a +10.8% increase in retail sales in the 38 weeks from April 2025, on the back of this year’s hot summer.
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News92 Degrees due to hit £10m turnover
The independent coffee shop and roastery business is expecting to hit the £10m mark in early 2026 and has plans to open multiple franchise locations next year.
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NewsYard Sale Pizza turnover jumps 22%
The pizza delivery business, which was acquired by Piper earlier this year, grew turnover to £13.2m as it pursues an accelerated growth strategy
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NewsTGI Fridays UK files second notice of intention to appoint administrators
The news comes after the group filed its first notice as recently as 9 December, days after global brand manager Sugarloaf brought in Interpath to explore strategic options