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All Finance articles – Page 3
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InterviewsGrind expecting to deliver ‘accelerated growth’ rate this year
The omnichannel coffee business is expecting to deliver an accelerated growth rate of around +25% in its current financial year, following a year of significant growth in FY2024/25, CEO and founder David Abrahamovitch has told MCA.
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NewsElite Pubs celebrates strong full-year performance
The Kent-based gastro pub and restaurant group grew revenue by 12% in the year to 31 March 2025, with net profit up 22%, in a year “packed with opportunities and positive improvements”
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Analysis & InsightHospitality liquidations remain higher than pre-Covid levels
Research from Begbies Traynor shows the hospitality industry reported some of the highest levels of serious financial distress in Q4 2025 with hotels, bars and restaurants facing the most risk
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NewsPunch acquires 30 pubs from McMullen’s
The acquisition was described as a ‘small but strategically important’ addition to Punch’s estate, with the pubs located predominantly across Hertfordshire and Essex
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NewsAG Barr acquires Fentimans and Frobishers
Scottish drinks group AG Barr has acquired adult soft drink brands Fentimans and Frobishers Juices for a combined c.£51m as it looks to capitalise on the consumer trend for reduced alcohol consumption.
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NewsPub investment market remains attractive for quality assets
The pub investment market remains attractive for high-quality, freehold-backed assets despite the challenges facing the rest of the market, according to Fleurets’ latest Survey of Pub Prices report.
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NewsSourdough Sophia completes £1.5m funding round
The neighbourhood bakery has completed a £1.5m fundraising round as it looks to build its business from four sites to 20 by 2029.
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InterviewsVarious Eateries: ‘We’ve had an unprecedented number of opportunities come our way’
The group is exploring a number of prime sites for Coppa Club and Noci, with the conversion of its three single-site brands also on the cards as it consolidates the business, CEO Mark Loughborough told MCA.
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NewsGrind reports ‘another strong year of growth’ on the high street
The omnichannel coffee brand, which recently completed a £7.5m funding round, increased turnover by c.19%, with its coffee shops, restaurants and bars performing well, but ultimately losses widened last year
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NewsCornish Bakery delivers another record year
The independent bakery chain delivered a 24% increase in sales to £36.4m and will reach a 79-strong estate by spring - but bemoaned the ”lack of proper leadership” from the government
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Weekend PressAshton Kutcher joins the board of Soho House as it goes private
Hollywood star invests in members’ club and joins consortium led by billionaire Ron Burkle as it completes $2.7 billion takeover of the London-based business, The Sunday Times reports
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NewsCôte Restaurants reports £153m turnover
The French-inspired brasserie group achieved 4.1% like-for-like sales growth in FY24, supported by menu innovation and estate refurbishments, though pre-tax losses widened
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NewsSoho House completes deal to go private
The private members’ club business has completed the $2.7bn deal, in a move that CEO Andrew Carnie said ”gives us the freedom to focus on what Soho House has always been about”
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Analysis & InsightAnand just like that… has RedCat finally landed on its feet?
The Rooney Anand founded business is exiting its managed estate and bringing together its pubs-with-rooms sites into one division, a canny move that presents significant opportunities
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NewsPesto increases like-for-likes
The 12-strong restaurant group, part of Mitchells & Butlers, reported profit before tax of £1.8m, down from £2.1m the prior year
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NewsStarbucks: ‘Our strategy is working’
The coffee giant reported a continued return to sales growth in Q1 2026, with CEO Brian Niccol saying it is ‘ahead of schedule’ on its Back to Starbucks strategy
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NewsPubs to see £12,500 cut to rates
Analysis by tax firm Ryan shows that on top of the lower multipliers and transitional relief already in place, the new 15% pubs discount in 2026/27, and a real-terms freeze on core business rates bills in 2027/28 and 2028/29, significantly reduces the impact of revaluation-driven increases
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NewsMarston’s continues to ‘outpace total market’
The pub company delivered 5.6% growth across five key festive dates and completed 23 new format launches in Q1, with CEO Justin Platt highlighting ‘standout performances’ including a record Christmas Day
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NewsTortilla delivers 8.5% revenue growth to £73.8m
The fast casual Mexican chain achieved UK like-for-like sales growing 6.2% and said it has significantly outperformed the market, with sales momentum strengthening throughout the year
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NewsThe Revel Collective set to appoint administrators
The Revolution, Revolución de Cuba and Peach Pubs operator has announced plans to file a notice of intent to appoint administrators to the company and some of its subsidiaries, with an announcement on the formal sales process it has been pursuing expected in due course.