All Finance articles – Page 16
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NewsWetherspoon continues to outperform sector
The pubco delivered a 3.7% uplift in like-for-like sales in the 14 weeks to 2 November, albeit chairman Tim Martin said he is “mindful” of the upcoming Budget
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NewsKFC UK sales jump 9% in Q3
Strong growth in transactions delivered a significant sales uplift, with the QSR giant crediting menu innovation, late-night occasions, and a focus on value
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NewsDomino’s: Chick ‘N’ Dip performing ‘ahead of expectations’
The group’s new sub-brand has launched successfully, according to CEO Andrew Rennie, with the core pizza business also gaining market share
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NewsYum! Brands: Reinvigorating Pizza Hut could require ‘multi-year effort’
CEO Chris Turner said the pizza chain has “lots of strengths” and may achieve more success outside the ownership of Yum!, as group initiates a strategic review for the brand
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NewsDomino’s reports 2.1% Q3 sales uplift
The pizza group has reported a 2.1% increase in total system sales, to £382.7m, for Q3 2025, despite a total order decline of 1.5%, with the introduction of its new Chick ‘N’ Dip range trading well in trial locations.
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Analysis & InsightInside Pizza Hut Restaurants' complex web of debt
The operator called in administrators after a declining trading performance and negative like-for-likes driven by competition from quick-service restaurant operators and delivery aggregators
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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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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