All Finance articles – Page 62
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NewsMcMullen to add at least four to managed estate in 2019
McMullen is looking to grow its managed pub estate by at least four sites in 2019, MCA has learnt.
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NewsCoca-Cola completes Costa acquisition
The Coca-Cola Company has completed its acquisition of Costa Limited from Whitbread PLC, it was announced yesterday.
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NewsBurning Night to be 'cleaned up' ahead of trade sale
Burning Night Group’s venues, which were bought out of administration over the Christmas holidays, will be held by buyer Access Commercial Finance for at least 12 months while the business is ‘cleaned up’, before a trade sale is considered, MCA has learnt.
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NewsGusto reports positive trading outlook despite hit to operating loss
Gusto Italian has seen a good trading performance for the year to date, with like-for-like sales in December up 7%, in what managing director Matt Snell described to MCA as “a stellar performance”.
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NewsPatisserie Holdings confirms intention to appoint RSM
Patisserie Holdings has confirmed its intention to appoint RSM Tenon Group as its new auditors, following press speculation.
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NewsArc Inspirations appoints advisors
Arc Inspirations has appointed advisors as it gears up for its next stage of growth, MCA understands.
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NewsPatisserie Holdings ‘set to appoint RSM as auditors’
Patisserie Holdings is set to appoint RSM as auditors, according to reports.
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NewsTriple Two Coffee signs franchise deal in Saudi Arabia
Triple Two Coffee, the cafe franchise, has signed a deal with Aso & Sons to launch in Saudi Arabia.
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NewsDowning Crowd launches £2m bond
Investment platform Downing Crowd has launched a £2m bond to support Artemis Venue Services Ltd in its acquisition and refurbishment of the Pelham House Hotel, in Lewes, East Sussex.
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NewsMultimillion-pound funding for Tim Hortons expansion
Pizza Cake, the Scotland-based franchise operator, has secured a multimillion-pound funding package from HSBC to open three new Tim Hortons cafes.
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NewsHyde Restaurants goes into administration
Hyde Restaurants, the operator of the Treves & Hyde restaurant concept at Leman Locke serviced apartments, has gone into administration, MCA has learnt.
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NewsPachamama launches crowdfund for Chinese restaurant
The Pachamama group has launched a crowdfunding campaign to support the opening of its first Chinese-style restaurant next spring.
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NewsGaucho reports 8% lfl growth in November
Gaucho has reported 8% growth in like for like covers in the four weeks of November - up 15% from November 2017, when it was minus 7%.
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NewsService sector growth hits 28 month low
The UK service sector expanded at the weakest rates for almost two-and-a-half years, IHS Markit/CIPS UK Services PMI® Business Activity Index shows.
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NewsWeak pound could attract more Chinese operators to UK
The weak pound could encourage more Chinese restaurant brands to open in the UK, following the example of Din Tai Fung and Haidilao, Fleurets director Richard Thomas has told MCA.
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NewsGlendola Leisure seeing robust growth, with lfls up 2% YTD
Glendola Leisure’s recent accounts filed at Companies House do not reflect the underlying performance of the business, managing director Alex Salussolia has told MCA.
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NewsForesight: 'We continue to see this as a market with growth'
Foresight Private Equity has made investments in early stage Indian street food, healthy eating and speciality coffee concepts. MCA news editor Finn Scott-Delany speaks to Foresight Partner Matt Smith about why there is still an appetite to invest in differentiated concepts in the leisure sector.
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NewsBreakfast Club launches £750k Crowdcube campaign
The Breakfast Club is to launch a crowdfunding campaign to raise £750,000 to fuel its next stage of growth.
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NewsTasty directors inject cash as part of refinance
Tasty, the Wildwood operator, has revised its £7m loan facility with Barclays.
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NewsGrant Thornton faces probe over Pat Val audit role
Patisserie Holdings’ auditor, Grant Thornton, is being investigated by the Financial Reporting Council (FRC).