All Finance articles – Page 7
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NewsIndividual Restaurants reports festive sales growth of 6%
The operator of Piccolino, Riva Blu, Restaurant Bar & Grill and Forbici, said it delivered a strong performance over Christmas and is looking to 2026 as being a defining year for the business.
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NewsSoho House secures funding to save take-private deal
The private members club operator has locked in $200m in alternative financing to support the deal, which it now aims to close by the end of the month
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NewsRachel Reeves: ‘We’re particularly concerned about pubs’
The Chancellor said officials were working ‘pretty intensely’ to ensure that there’s more temporary support for pubs, following the withdrawal of Covid-era support
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NewsScottish budget: business rates support for hospitality reduced to 15%
Hospitality trade bodies have said the measures ‘do not go far enough’ and leave businesses facing rates increases worth thousands of pounds
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NewsRates valuations boss: ‘We don’t want there to be any surprises’
Jonathan Russell has defended the Valuation Office Agency’s work to MPs, and insisted ministers were kept informed of upcoming hikes to business rates, as he revealed overall valuations for the pub sector are up 32% since the last list in 2023
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NewsTurtle Bay reports ‘lower than expected’ numbers
The Caribbean restaurant business has reported a 10% decline in sales, to £84.3m, for the 52 weeks to 30 March 2025, and a loss before tax of £10.2m, versus a £1.9m profit in 2024.
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NewsWhitbread sees total sales up, with expected decline across F&B
The operator of Premium Inn achieved a 2% uplift in total group sales in Q3, following positive accommodation sales performance in both the UK and Germany.
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NewsMission Mars delivers record festive trading
The bar and restaurant group reported record revenue of £36.2m for the three-months to 28 December 2025, driven by strong like-for-likes at Albert’s Schloss, Soho alongside its eight new openings for Rudy’s Pizza
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NewsStonegate appoints advisers as it seeks to streamline business
The pub company, which has more than 4,300 sites in the UK – and £3m of debt – has appointed restructuring firm FRP Advisory in a bid to “reinforce the group’s long-term resilience and sustainability”.
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NewsThe Salad Project completes £9m fundraise
Active Partners has come onboard as investors in the premium salad concept, joining Soho House founder Nick Jones and Deliveroo founder Will Shu, as the business gears up to open its first international site, in Paris
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NewsScotland’s hospitality sector demands 40% business rates support
Five of the country’s hospitality trade bodies have joined forces to call for an extension to rates support ahead of this week’s budget
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Weekend PressBailout for pubs will put out one fire, but Reeves could still get burnt
Senior ministers have warned that the chancellor’s business rates bailout for pubs must be extended to other sectors to prevent the death of high streets, reports The Times
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Weekend PressWhere Labour’s business rates blow will hit hardest
As Rachel Reeves considers backtracking on changes in her budget to the rateable value of commercial properties, The Times reveals which UK areas will suffer most
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NewsSoho House deal in jeopardy after key investor pulls funding
The take-private deal is in doubt after the private members club operator revealed New York City-based MCR Hotels would not be able to fully fund a $200m equity commitment
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NewsCaprinos Pizza reports 14% rise in like-for-likes
The 120-strong franchise pizza business, which is targeting 20 new site openings this year, said its results had been driven by successful multi-channel marketing campaigns, new product innovation, and growing brand loyalty.
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NewsGreggs: ‘We continue to reassure our investors’
Commenting on pressure from activist investors to cut costs in order to avoid a potential private equity takeover, Greggs’ CEO Roisin Currie told MCA it is already focused on efficiencies and is in “good dialogue” with its investors
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NewsGovernment set to announce U-turn on business rates hikes
After weeks of mounting pressure from industry groups and MPs, it is understood the Chancellor is looking at how to offer additional financial support to pubs facing huke increases in their business rates bills
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NewsHospitality warned not to protest over business rates hike as cabinet revolt brews
The government has reportedly been warning businesses not to protest over the changes if they want to get any concessions amid ‘ongoing cabinet-level opposition’ to the hike
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NewsScottish hospitality warns rates rise will serve as ‘closure notice’ to country’s high streets
The Scottish Hospitality Group has described the latest non-domestic rates revaluation as ‘totally disconnected from the trading reality’
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Analysis & InsightDoes there need to be a rethink in how the hospitality sector lobbies the government?
Successively damaging budgets have left some operators calling for an alternative approach to how the sector and its trade representatives engage with government