All Finance articles – Page 43
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NewsGreggs hails vegan sausage roll for ‘exceptional’ H1 trading
Greggs has delivered an “exceptional trading performance” in the first half of 2019, off the back of the popularity of its vegan sausage roll, and building on a successful end to 2018.
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NewsSodexo: No impact on partnership after Taylor St Baristas calls in administrators
Speciality coffee group Taylor St Baristas has appointed administrators, days after selling its café estate to Black Sheep, and abandoning a crowdfunding campaign.
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NewsTaylor St Baristas pulls crowdfunding campaign
Taylor St Baristas pulled its crowdfunding campaign after taking the view that it “wasn’t the right investment vehicle for us at this time”, CEO Nick Tolley has told MCA.
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NewsMarston’s defers £70m new-build programme
Marston’s is deferring a £70m new-build programme, and reallocating £20-30 million of funds into the pub company’s organic capital plans.
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NewsProud restructures cabaret businesses
Nightclub entrepreneur Alex Proud has liquidated several of his cabaret club businesses as part of what he told MCA was a “simple restructure”.
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NewsArc Inspirations spike in sales during Cricket World Cup
Arc Inspirations, the operator of Manahatta, Banyan and The Box concepts, has reported a spike in sales across its sport-led sites during the recent Cricket World Cup.
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NewsWhitbread completes £2bn capital return programme
Whitbread has completed a £2bn capital return programme to shareholders.
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NewsStonegate agrees to acquire Ei Group in £1.27bn deal
Stonegate Pub Company has agreed to acquire Ei Group in a cash deal valuing the listed pub group at £1.27bn.
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NewsBird looks to restructure to avoid administration
Fried chicken and waffles restaurant Bird has filed a notice of intention to appoint administrators, according to The Evening Standard.
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NewsWetherspoon like-for-likes up 6.9%
J D Wetherspoon has updated on trading, with like-for-like sales up by 6.9% in the 10 weeks to 7 July 2019.
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NewsYoung’s stays positive as bad weather dents trading
Young’s has reported like for like sales at its managed house estate were down 2.1% for the first 12 weeks of 2019, blaming poor weather.
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NewsCMA could scupper Deliveroo deal
The Competition and Markets Authority (CMA) is investigating Amazon’s investment into Deliveroo.
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C&C reports on 'transformational' 2019
C&C Group, the drinks producer and supplier, has reported on a “transformational” 2019, following the acquisition of Matthew Clark and Bibendum.
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NewsLandlord covenant goes ‘full circle’
The concept of covenant has gone “full circle” with landlords now often preferring smaller independent brands to big institutional restaurant groups, Imbiba’s Darell Connell has told the Global Restaurant Investment Forum (GRIF).
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OpinionYour next deal: five ways to prepare from Day 1
After completing a private equity deal, going back to day to day business as usual would be a mistake. Founders should start preparing for a profitable exit from day one, writes Paul Morris, head of growth advisory at BDO
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NewsRamsay agrees deal with Lion Capital for US expansion
Gordon Ramsay will today announce the formation of a joint venture with Lion Capital, which will see $100m invested in five different concepts in the US, according to The Times.
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NewsTaster secures £6.3m for London growth
Taster, the food tech start-up which develops delivery-only virtual restaurant brands, has secured $8m (£6.3m) in Series A investment.
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NewsMarket Halls completes c£20m Bridgepoint deal
Market Halls, the food hall operator, has signed a c£20m deal with Bridgepoint’s Growth fund, to support its aim to become the leader in the UK market.
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Bob & Berts secures Ulster Bank funding
Bob and Berts, the Northern Ireland-based coffee shop concept, has secured a seven-figure investment package from Ulster Bank to fund its next wave of expansion.
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NewsFlight Club to launch Electric Shuffle in Canary Wharf
Flight Club has revealed its new Electric Shuffle concept will launch in Canary Wharf by the end of the year, as it reports turnover up 32% to £9.9m in 2018.