All Finance articles – Page 5
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News
Poolhouse secures further $1.5m
Following its $34m seed round, the competitive socialising concept has secured further funding from EMERGING, the US-based fund behind F1 Arcade, Flight Club, and Batbox
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News
JW Lees hits record sales as cost pressures loom
The Manchester-based brewer and pub operator reported turnover of £99.9m for the year to 31 March 2025, up 4.3% on the prior year
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News
Red Oak Taverns reports record sales
The leased & tenanted pub company posted revenues of £23.5m, an increase of 21% year-on-year
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News
Shake Shack UK reports £1.6m profit amid expansion
Diverse Dining reported a profit of £1.06m for the year ending 31 December 2024, compared to a £764k loss the previous year
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News
Bone Daddies reports another ‘strong year’
The 10-strong Japanese restaurant group increased revenue by 4.3% to £18.8m in FY24
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News
Consumer card spend dips in June
Barclays’ latest Consumer Spend report shows essential spend fell by 2.1%, while non-essential spend edged up 0.8% – the lowest discretionary growth rate since November 2024
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News
Various Eateries extends bond
The Coppa Club and Noci operator is to reissue its deep discounted bond with Friends Provident International, tied to investor Hugh Osmond
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News
Pub bosses warn government over £1.7bn tax on business
The leaders of JW Wetherspoon, Fuller’s and Greene King have called for the “unfairness” in the business rates system to be rectified if further pub closures are to be avoided
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News
Darwin & Wallace slowly seeing benefits of group structure
The Portobello Starboard-owned bar and restaurant business has closed two further sites since its year end, however improvements are being made under its new ownership structure
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News
UK firms brace for price hikes and job cuts amid rising payroll costs
Nearly half of UK businesses expect to raise prices in response to the April 2025 increases in NI contributions and minimum wage levels, according to S&P Global’s latest Business Outlook survey
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News
Market Halls achieves highest ever sales
The food hall operator, which recently acquired Brighton’s Shelter Hall, reported like-for-like sales growth of 19.8% along with its highest ever EBITDA
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News
Young’s ‘confident’ about the year ahead
The premium pub operator achieved like-for-like sales growth of 7% in the 14 weeks to 8 July 2025 – boosted by the warmer weather this spring and summer – as its strong sales momentum continues.
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News
Harry Ramsden’s owner signs licensing deal with ‘major’ UK supermarket
The owner of Harry Ramsden’s reported a positive trading update, following a year of strategic site disposals, franchise expansion, and a new licensing deal
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News
Auntie Anne’s UK growth boosted by strong like-for-likes
The food to go concept, known for its hand-rolled pretzels, achieved 10% like-for-like growth in 2024 and is pushing to reach 100 sites
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News
Honi Poke acquires Island Poké
The combined businesses operate 45 sites across the UK and Europe, in a strategic move to establish Honi Poke’s position as the UK’s leading poke operator
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Analysis & Insight
Greggs shares drop in wake of profit warning
Barclays analyst Richard Taylor cited “concerns of overexpansion,” saying investors are “reasonably questioning whether the scale of the rollout is still appropriate”
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News
Portobello Pub Company ‘consistently ahead of market peers’
The Zetland-backed, 27-strong pub group said like-for-like growth remains strong in a challenged market, with group revenue of £29m
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News
Cooks Coffee nears 100 sites
The Esquires cafe operator increased sales by 27.8% to £10.2m in Q1 FY26, reflecting strong trading momentum
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News
San Carlo nears £80m turnover
The premium, family-run Italian restaurant group posted £77.9m turnover in its latest accounts, as it expands its overseas footprint with launches in Miami, Egypt, Bahrain, and Morocco this year
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News
Pizza Pilgrims looking to add 10-plus sites by FY27
The 25-strong pizzeria business has reported record revenue for the year to 30 June 2024 – up 20% to £34.4m, while securing multiple new sites