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All Finance articles – Page 61
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NewsCashless payments to outstrip paper money by 2021
A new report has suggested that cashless payments will make up the majority of transactions by 2021.
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NewsUsher meets Kickstarter challenge in just one hour
Gary Usher, the chef-restaurateur behind Sticky Walnut and Hispi, exceeded his £50,000 crowdfunding target for his new restaurant within an hour.
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NewsValue of TGI Fridays UK drops
Electra Private Equity, the backer of TGI Fridays UK, has this morning reported it has experienced a £13m drop in the fair value of the Karen Forrester-led restaurant chain over the year to 31 March 2018.
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NewsHollywood Bowl reports 4% FY LFL growth
Hollywood Bowl has reported like for like revenue growth of 4% for the six months ended 31 March 2018.
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NewsBritvic reports adjusted earnings up 6% for HY
Britvic has reported organic adjusted EBIT increased 6% to £80.5m, in a trading update this morning for the 28 weeks ended 15 April 2018.
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NewsM&S suffers amid growth of food delivery and online retail
Marks & Spencer has cited the growth in home delivery of food and the migration of retail online as key factors threatening its market position, and leading to the decision to close 100 stores by 2020.
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Bold Street to launch Kickstarter campaign
Bold Street Coffee, the Liverpool-based Graffiti Spirits-backed speciality concept, is launching a Kickstarter campaign to finance a return to its original home.
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NewsJohnson: CVAs yet to impact wider market
Patisserie Holdings chairman Luke Johnson believes the recent flurry of CVAs and unit vacancies have yet to impact the wider market, but predicted “the odd bargain” over the next 12-24 months.
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SSP UK lfls 0.7% in H1
SSP Group has posted like for like revenue growth of 0.7% in the UK, in the six months to 31 March 2018.
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NewsC&C profits down 7% due to competitive pressure in Ireland
C&C Group has recorded adjusted EBITDA of €100m for the 12 months ended 28 February 2018, down 6.3% on the previous year.
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NewsGaucho appoints KPMG to assess options for CAU
CAU, the casual dining brand from Gaucho, has appointed KPMG to assess its options, which is expected to lead to closures or conversions of the brand.
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NewsCaskade secures £30m for Taco Bell rollout
Caskade Caterers, the Taco Bell and KFC franchise business, has secured a £29.4 million funding package from HSBC to support its expansion plans.
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Crate Brewery seeks new funding
Crate Brewery, the Hackney Wick-based business, has become the latest independent craft brewer to seek new funding to grow
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Abokado secures £3m new finance
Abokado, the healthy eating grab and go brand, has secured £3m in new funding from alternative lender ThinCats.
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East London Liquor Co launches £750k crowdfund
East London Liquor Company, the distillery backed by the founders of Camden Town Brewery and Barworks, has launched a Crowdcube campaign to raise £750,000.
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McDonald’s refurb programme 80% complete
McDonald’s UK has refurbished 80% of its 1,270 restaurants as part of its Experience of the Future programme, with the rest of the estate to be completed later this year.
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NewsSimit Sarayı in talks to snap up 85-strong estate
Simit Sarayi, the global bakery group headquartered in Turkey, is in talks with a chain to buy an 85-strong package of sites in London.
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NewsBird to seek finance for reorganised pub group
Andy Bird, the London pub operator, is looking to bring his pubs under a new holding company, The London Public House Group, which will enable him to seek development finance for expansion ahead of exit in four or five years, MCA has learnt.
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Yumpingo secures £750k in new funding round
Yumpingo, the food intelligence platform, has secured £750,000 in a new round of investment, taking its total amount raised to £1.3m.
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NewsDeltic Group secures new £20m debt package
Deltic Group has secured a new £20m debt facility with HSBC.