All Finance articles – Page 59
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News
Allotment eyes UK expansion
The founders of Allotment, the Manchester based gin bar concept, have revealed plans to open a collection of themed bars and restaurants across the UK
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NewsJapan Centre signs JV for further retail spaces
Japan Centre is planning to open further food halls across Europe after entering a new joint venture with Cool Japan Fund
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Beef & Brew to crowdfund for second site
Affordable steak restaurant Beef & Brew has launched a crowdfunding campaign to open a second London site
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Cash still preferred payment method for many - BoE
Contactless payment transactions tripled in 2016 – but predictions of the demise of cash may be premature, according to the Bank of England’s chief cashier.
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NewsNo1 Lounges seeks new PE backing to double in size
Phil Cameron has told MCA he is assessing his options for No1 Lounges and hopes to bring in a new private equity investment to double the size of the group.
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NewsBe At One refinances; ends sales process
Be At One has completed a £20m refinancing, and ended the sales process it started earlier this year
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Hospitality outperforms wider economy
Distribution, hotels and restaurants grew by 3.5% in July compared to the same month in 2016, and by 3.1% in Q2 2017 on the previous quarter.
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Japanese sushi giants merge for overseas expansion
Two of Japan’s biggest conveyor-belt sushi restaurant chains are joining forces to take advantage of sushi’s growing popularity and to expand overseas.
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Bakkavor prepares for £1.5bn IPO
Bakkavor, the food service company and owner of PizzaStorm, is preparing for a stock market flotation that will value it at up to £1.5bn.
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NewsThe Herbert Group strengthens KFC estate
The Herbert Group, which operates the largest KFC franchise in central Europe, has agreed the terms of a £27m refinancing deal
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Piri Piri Express secures investment for expansion
Piri Piri Express plans to add nine sites to its current three-strong estate over the next 12 months, after securing new investment
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Deliveroo revenues reach £128m, losses £129m
Roofoods, the registered name of Deliveroo, has posted full year financial results revealing revenues from operations up 611% to £128m.
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Good Egg confirms Soho plans; launches crowdfunding campaign
The Good Egg has confirmed that it plans to open a second site in Soho and has launched a crowdfunding campaign to raise the funds in which to do so
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Analysis & InsightBanking on future growth
The Business Growth Fund (BGF) has come a long way, far further than many imagined possible. Founded to support small and mid-sized emerging businesses during a difficult economic climate in 2011, it is now arguably the UK’s most active provider of growth capital
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News
Pret linked to takeover bid by Jollibee
Pret a Manger has been linked with a $1bn takeover bid by leading Philippines fast food group Jollibee Foods Corp, Reuters reports.
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Grace Land Group secures further funding
Grace Land Group has secured a six-figure loan to expand the business further following the opening of its fifth site
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NewsHOP secures £750k for two new City sites
HOP, the Vietnamese grab and go concept, has secured £750,000 in private fundraising for its next two sites.
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NewsRosa’s Thai to consider its options
Rosa’s, the Thai cafe concept, has appointed advisors as it considers its funding options to support future growth
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NewsHop Stuff secures second site, eyes “convertible crowdfunding”
Hop Stuff Brewery has secured a second site as it gears up a further fundraising push, MCA understands.
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NewsBGF takes stake in Filmore & Union
Filmore & Union is set for further expansion, after the Business Growth Fund invested £3.5m into the 14-strong business