All Finance articles – Page 3
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News
Strong H1 for Deliveroo
Gross transaction value (GTV) as well as revenue was up 9%, with orders up 8% for the period ended 30 June
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Tasty outlines plans for future investments
The Wildwood and dim t operator expects to use £3.6m for the acquisition of other brands, while £3m will be used to invest in existing restaurants
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McDonald’s: ‘UK recovery will take time’
The fast food chain insisted it has a solid track record in delivering turnaround plans, and said it was continuing efforts to improve the UK’s overall performance
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Simmons Bars acquired in pre-pack for £6m
Sixteen sites were acquired by founder Nick Campbell and Lonsdale Capital Partners, after the bar business suffered a downturn in trading and a loss of £2.85m in 2025
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Tortilla achieves 5% rise in like-for-likes
The fast-casual Mexican restaurant group achieved a £3.9m increase in revenue for the half-year, to £35.4m, with strong sales momentum continuing into H2
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KFC UK sales up 5% in Q2
Owner Yum! Brands said the UK KFC business, which accounts for 6% of KFC’s system sales worldwide, had also achieved 5% sales growth in the year-to-date.
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Butcombe Group delivers 9.8% growth in like-for-likes
Sales were up across all areas of the managed business, with drinks seeing the strongest lfl growth of +13% - boosted by the favourable weather, while food sales were up 8%, in the first half of the year
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News
Greene King Pub Partners to invest £27m this year
It follows capital investment of £23m in both 2023 and 2024 and will fund internal and external refurbishments across its leased, tenanted and franchise pub estate in England and Scotland
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Analysis & Insight
From pub sector darling to dismantlement – the story of Oakman’s unfolding
With an “inherently complex” funding structure, the pub and restaurant company founded by Peter Borg-Neal found itself with a limited ability to absorb trading shocks and generate sustainable profits
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Sticks’n’Sushi hails ‘productive’ first year under McWin ownership
The Danish-Japanese group said its three markets – the UK, Denmark, and Germany – delivered sales growth in 2024 and carried the momentum into 2025
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Diageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits fell 27.8% to $4.3bn, due to “exceptional impairment and restructuring costs” and a decline in profit margin
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Pizza Hut Europe turnover dips despite brand reset
The delivery arm of the Pizza Hut business saw turnover drop marginally in 2024, despite introducing a new menu and evolved brand last year
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Papa Johns continues like-for-like decline
The pizza delivery chain said it is taking “proactive steps to drive profitable growth”, with 74 sites closed in 2024
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McDonald’s UK turnover dips by £14m
The QSR giant said it has invested in the customer experience across high street stores, drive-thrus, and delivery to mitigate the impact of challenging retail footfall
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Tasty raises £9.25m
Proceeds will be used to invest in the group’s existing restaurants; tech and operations; acquisitions; and provide working capital support to deliver its revised growth strategy
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Dishoom receives investment from L Catterton
The Indian restaurant group has brought in outside investment for the first time, with the US-headquartered global investment firm set to support Dishoom in exploring international opportunities
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News
Tasty announces £9.25m fundraising to invest in growth
The casual dining operator has proposed to change its name to Bow Street Group and appoint David Page as executive chairman, with aspirations to deliver four to six acquisitions over the first three years
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News
Wingstop latest opening shatters global weekly sales record
The UK business is set to complete a record year of expansion, with 20 new openings planned by the end of 2025
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Starbucks sees ‘continued momentum’ in the UK
Comparable sales are in the low single digits, driven by a focus on service, beverage consistency, food innovation and labour investments to support peak operating hours, according to CEO Brian Niccol
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Park Chinois appoints administrators
The high-end Chinese restaurant and club, which was founded by Alan Yau, is part of Sofija Mehta’s Island Hospitality group, which also has outposts in Ibiza