All Finance articles – Page 38
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News
Giggling Squid nudges into profit
Giggling Squid has moved into the black, reporting total profit after tax of £221,123 for the year ending 31 March 2019.
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NewsGreggs marks ‘exceptional year’ with £7m staff bonus
Greggs is a make a one-off £7m bonus payment to employees in recognition of an “exceptional year”.
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NewsRoxy Leisure secures £7.5m growth backing from Foresight
Social entertainment bar group Roxy Leisure has received a £7.5m investment from Foresight Group to help it support its expansion.
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NewsArc Inspirations reports record festive trading
Arc Inspirations has reported a record festive trading period, including the biggest ever individual sales day and week in the group’s 20-year history.
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NewsChilango CVA approved
Chilango’s CVA proposals have been approved with the support of the majority of its creditors and shareholders.
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NewsHickory’s receives £13m funding from ThinCats
Hickory’s Smokehouse has received a £13m funding package from alternative lender ThinCats to accelerate its roll out of restaurants.
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NewsBarkby completes reverse takeover of Workshop Coffee
The Barkby Group, the premium gastropub operator, has completed the reverse takeover of a group of companies controlled by Charles Dickson, including coffee roaster and wholesaler Workshop.
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NewsJoffe family business narrows losses
Laurel Canyon Ventures, the Joffe family business, narrowed its losses to £52,593 in the year to 31 March 2019.
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NewsAnglian Country Inns profits down after restructure
Anglian Country Inns has increased sales by 5% to £11.6m, driven by a new site the Lytton Arms.
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NewsRola Wala founder buys business out of administration
Rola Wala founder Mark Wright has bought back the brand and assets of the Indian wrap concept after it went into administration with liabilities of £511,585.
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NewsBreakfast Club appoints McVeigh, lfls up 4.3%
The Breakfast Club has appointed Draft House founder Charlie McVeigh as chairman, his first official role since selling the pub chain to Brewdog.
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NewsJust Eat tell shareholders to reject Prosus’ revised offer
Just Eat have recommended shareholders reject Prosus’ revised takeover offer, saying it still significantly undervalues the delivery marketplace company.
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NewsDrake & Morgan drives profits in ‘good year of progress’
Drake & Morgan, the London-based bar and restaurant group, has announced adjusted pre-tax profits of £1.9m, up 31% year on year.
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NewsRola Wala enters administration
Rola Wala, the Indian wrap concept backed by team behind Barworks, has entered into administration, MCA understands.
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NewsProsus raises offer in Just Eat battle
Prosus has raised its offer for Just Eat to 740p per share, valuing the business at $5.1bn.
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NewsTurtle Bay profits down by two thirds
Turtle Bay’s profits have been slashed by more than two thirds to £1.4m, its latest accounts show.
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NewsStonegate/EIG deal ‘could damage competition in 51 local areas’
Stonegate Pub Company’s proposed £3bn purchase of Ei Group does not raise UK-wide competition concerns but could damage competition in 51 local areas, the Competition and Markets Authority (CMA) has said.
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NewsGail’s Bakery pre-tax profit up 10% to £1.1m
Gail’s, the artisan bakery chain backed by Luke Johnson, has reported turnover up 18.4% to £47.6m in the year ending 28 February 2019.
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OpinionAnalysts’ verdict: Liberum and Peel Hunt on Loungers
Both Liberum and Peel Hunt have upwardly revised their full year estimates for Loungers, following the AIM-listed business’ positive interim statement yesterday (4 December).
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NewsNewRiver acquires Bravo Inns for £17.9m
NewRiver, the real estate investment trust (REIT), has acquired community pub company Bravo Inns for £17.9m.























