All Finance articles – Page 3
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NewsStonegate delivers its 'strongest six months' in history
The group delivered like-for-like sales growth across divisions, improvement in adjusted EBITDA, and remains on track for material profit growth in the full year - a “clear demonstration” its strategy is working, said CEO David McDowall
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NewsTimothy Taylor’s overcomes ‘challenging market for cask ale’
Turnover at the Yorkshire brewer and pub operator rose by 2.1% to £35.7m last year, with flagship ale brand Landlord cementing its position as “the largest-selling cask ale brand in the UK by both value and volume”
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NewsFlat Iron returns to profit following record year
The affordable steakhouse chain says its estate performed ‘exceptionally well in difficult market conditions’ in its latest financial results with sales growing by more than 40%
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Analysis & InsightOakNorth: ‘We expect the market to remain highly competitive’
There are significant opportunities for growth through consolidation, selective expansion and continued investment in technology, despite the ongoing market challenges faced by hospitality operators, according to the lender.
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NewsJonathan Downey’s Town looks to raise £400k in new equity
The London restaurant, opened last year by Downey and chef Stevie Parle, is looking to raise £20,000 each from 20 shareholders to help “consolidate and grow”
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NewsEveryman to delist from stock exchange
The 49-strong luxury cinema group said recent trading has been positive – but there was ongoing uncertainty due to the challenging economic environment
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NewsAnother successful year for Fuller’s
The pubco has reported revenue of £397.8m for the year to 28 March 2026 - up 5.7% on the previous year - with strong staycation demand and advance bookings for the World Cup
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NewsLas Iguanas restructuring plan will secure ‘more sustainable’ future
A spokesperson for The Big Table Group told MCA that Las Iguanas continues to trade as normal, after the High Court approved a plan that would save it from entering into administration
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NewsM&B to acquire small package of Whitbread sites
The pub and restaurant group is to acquire a seven-strong package of sites from Whitbread, which will be converted to either Miller & Carter or Toby Carvery, chief executive Phil Urban told MCA.
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NewsTerra Firma plots £300m Stonegate pubs bid
The private equity firm is reported to be among a number of prospective bidders preparing to table offers for part of Stonegate Group’s ‘platinum’ collection this week
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NewsPunch Pubs acquires another five sites from RedCat
The acquisition follows a recent deal that saw Punch acquire eight sites from RedCat, as the latter focuses on its pubs-with-rooms business
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NewsMeatLiquor sites sold to Nabil Mankarious in pre-pack deal
Companies controlled by the former MeatLiquor director and co-founder of Fulham Shore purchased the two remaining MeatLiquor restaurants and sister bar BLOODsports in separate transactions.
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NewsButcombe Group sees continued uplift in like-for-likes
The premium pub group said Q1 trading has been strong, with its managed pubs achieving like-for-like sales growth of 3.6%, on the back of a record year
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NewsPortobello Pub Co secures refinancing with Cynergy Bank
The pub and bar business has secured a new £21.6m debt facility, following a strong year of trading that saw it grow sales and EBITDA
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Analysis & InsightRestaurants aren’t done - but they’re being tested like never before
Leon’s co-founder John Vincent has accused the government of killing the restaurant industry. Yet despite the challenges, operators with strong cost control, a clear strategy, and data-led decision-making continue to thrive
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InterviewsM&B’s Phil Urban: ‘There is no reason why our momentum shouldn’t continue’
After achieving profit growth in the face of additional costs of £35m this financial year, CEO Phil Urban speaks to MCA about steak becoming a consumer luxury, the potential to acquire Whitbread sites, and his optimism over returning warm weather
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NewsVAT on children’s restaurant meals cut to 5% for summer
UKHospitality says the move, which will apply to eat-in restaurant dishes served from a children’s menu, reflects government recognition that a lower VAT rate delivers immediate benefits for the economy
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NewsMitchells & Butlers ‘well placed’ to further grow market share
The pub and restaurant operator has reported revenue of £1,490m for the 28 weeks to 11 April, with 3.3% like-for-like growth during the period
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NewsPizzaExpress carries momentum into FY26
The pizzeria chain delivered like-for-like sales growth of 5% in Q1, plus sales of £112m during a period of “transformation and innovation” for the group
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NewsPuttshack revenues continue to decline
The experiential operator reported turnover of £18.9m for its UK business in 2024, declining from £22.4m in 2023