All Finance articles – Page 37
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News
Whitbread to cut head office
Whitbread is expected to cut more than 100 head-office jobs as a result of its sale of Costa Coffee to the Coca-Cola Company for £3.9 billion – though none of the executive committee is thought to be affected.
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NewsTasty aims for £3.25m raise through firm placing
Tasty, the Wildwood operator, has announced a conditional firm placing and open offer to raise up to £3.25m in funding, in order to pay down debt and for use as general working capital.
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News
Hollywood Bowl HY lfls up 4.4%
Hollywood Bowl has announced revenue growth of 5.3% and like-for-like revenue growth of 4.4%.for the six months ended 31 March 2019.
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News
Goodlife Projects liquidated
Goodlife Projects, the brand, marketing and consultancy business which launched Rum Kitchen, Passo and Foley’s, has gone into liquidation, MCA has learnt.
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News‘The pack is running faster’
As City Pub Group unveils its trial of paying weekly bonuses to all staff, James Wallin talks to joint managing directors Rupert Clark and Alex Derrick about adapting the approach to pay and incentives for a new generation of workers.
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NewsBrewDog launches new £50m crowdfund
BrewDog has launched another of its Equity for Punks crowdfunding campaigns – with a £7m target and a stretch goal of £50m.
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Impossible Foods seeks fresh investment
Impossible Foods, the US imitation meat company, is looking to raise fresh funding to increase its production capacity, after striking a distribution deal with fast-food chain Burger King.
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Bruce Group on target for three-fold revenue increase
Bruce Group Scotland has claimed it is on course to achieve a three-fold increase in revenues in three years, from £3.4m in 2016, to £12m in the current financial year.
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News
Deliverect secures £2.3m to expand in the UK
Deliverect, a Dutch start-up that simplifies the online delivery process for restaurants, has received €3m (£2.3m) in funding from Newion Investments and Smartfin to expand in the UK.
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NewsEx-Merrill Lynch exec backs healthy eating concept
Former Merrill Lynch director Osman Semerci has backed healthy food shop and restaurant Little Farm.
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NewsAprirose acquires 45 Spirit pubs
Aprirose, the real estate investment company, has acquired a 45-strong Spirit Pub Company branded portfolio from British Land for c£130m.
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NewsFourpure owner Lion acquires Magic Rock
Australian-headquartered food and beverage company Lion has acquired 100% of UK craft brewer Magic Rock Brewing Company.
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NewsCat’s Pyjamas administrators contradict founder's rescue claims
Administrators for The Cat’s Pyjamas have contradicted claims by owner Alison White that a buyer has been found for the business. Lewis Business Recovery said no buyer had been found and that rescuers are still being sought to prevent the business being wound up completely – contrary to a statement ...
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NewsAdministrators investigating affairs of Authentic Alehouses
The administrators of Authentic Alehouses, the Crowdstacker-backed pub group, have told MCA three pubs have shut while four continue to trade under license.
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NewsKettlebell Kitchen acquired out of liquidation
Kettlebell Kitchen, the fitness food concept which went into liquidation, has been acquired by a new company, MCA understands.
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NewsWorldpay acquired in $43bn deal
Worldpay, the leading processor of payments in the UK, is subject to a $43bn acquisition bid from US rival Fidelity National Information Services.
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News
BD Foods acquired by AAK
BD Foods, the UK foodservice company, has been acquired by AAK, the Swedish-Danish oil and fat producer.
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NewsUsher hits Kala crowdfund target in first night
Gary Usher has hit his Kickstarter target of £100,000 towards the opening of Kala in Manchester.
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Analysis & InsightFostering the next generation of female entrepreneurs
Holly Addison, head of hospitality and consumer digital at executive recruitment firm Odgers Berndtson, takes a closer look at the reasons behind the gender imbalance when it comes to female-founder businesses gaining financial backing and suggests great role models are key to any change.
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NewsHumble Grape exceeds crowdfund target
Humble Grape has passed its £400,000 crowdfunding target within 24 hours of launching publically.