Finance – Page 11
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NewsChaiiwala sales near £90m, supporting global expansion ambitions
The Indian street food cafe concept grew sales by 35% in 2024 as it continues to work towards 500 openings in the next decade
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NewsKarali Group acquires Côte
Led by Salim and Karim Janmahomed, Karali has taken over the brasserie chain following recent acquisitions including Marugame Udon and Crosstown Doughnuts
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Weekend Press‘We’re all in’: DoorDash CEO turns to Deliveroo to boost global growth
Tony Xu says bar is high for deals as M&A is ‘mostly littered with failure’, the FT reports
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NewsThe Alchemist remains ‘in robust shape’ despite tougher trading
The experiential bar group’s sales stood at £57.9m for the year ended March 2025, a slight reduction against £60.3m the prior year - albeit the brand remains ‘protected’ for long-term growth
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NewsWelcome Break secures £815m refinancing
The motorway service area operator said the financing enables full repayment of its existing debt. It also includes a £200m undrawn facility to support a pipeline of growth projects
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NewsWetherspoons outperforms market for 36 consecutive months
The Tim Martin-chaired company intends to open approximately 15 managed pubs in the current financial year, and a further 15 franchised pubs
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NewsBoojum intends to continue UK expansion despite closures
With a clear roadmap in place and support from Azzurri, the Mexican chain said it has a pipeline in place - following recent closures of three stores in the UK
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NewsProfessionals at Play expansion boosts turnover by 24%
The Roxy Ball Room and King Pins operator reported turnover of £40.6m in 2024, having opened four sites during the year and a further five in 2025
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NewsBain Capital makes bid for Costa Coffee
The investor behind Gail’s and PizzaExpress is among the private equity groups to have submitted a first-round bid for the UK’s largest coffee chain, the Financial Times reports
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NewsVaulkhard Leisure seeing benefits of portfolio repositioning
The North East leisure business saw turnover decline to £14.3m in the year to 31 December 2024, compared to £15.3m in 2023, following the disposal of two further sites, however EBITDA was up on the prior year.
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NewsTRG grows revenue as core brands outperform market
The Restaurant Group reported higher revenues for 2024, supported by strong trading across Wagamama, Brunning & Price pubs and its airport concessions arm
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NewsChipotle revenues up 32%, losses widen
Chipotle UK reported revenue of £34.6m in 2024, but said it continues to focus on its supply strategy and efficiencies to reduce losses of £18m for the year
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NewsMargin improves but losses widen as Pasta Evangelists opens more sites
The 50-strong pasta chain grew revenues in 2024 as it pushed forward with new restaurant openings, but losses grew as the brand invested in its next phase of growth
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NewsPub sales offset brewing decline at Shepherd Neame
The pub operator and brewer has reported resilient performance for the year to 28 June 2025, with strong trading in its pub estate offsetting further decline in national brewing volumes
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NewsGreggs posts 6.1% Q3 sales growth
The bakery reports steady Q3 growth as estate expansion, menu innovation and new retail partnerships underpin its long-term strategy
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NewsPaul UK narrows losses amid brand refresh and franchise growth
The bakery cafe chain has reduced its loss after tax to £461,697, down from £863,294 in 2023, after a year of stabilisation, investment and brand development
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NewsKFC UK profits climb, boosted by EG Group deal
Operating profit rose to £93.9m, up from £54.1m in 2023, boosted by its £2.1bn acquisition iof more than 200 restaurants from EG Group
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NewsBarons Pub Company reports year of solid trading
The Surrey-based business, which operates 11 pubs and a café, said the 2024 financial year had required “careful financial management”, but that it would continue to explore strategic expansion opportunities
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NewsBRG to open 50 Slim Chickens sites in 2026, underpinning growth
Turnover across Boparan Restaurant Group rose to £167.3m in 2024 (up from £159.6m), driven by Slim Chickens openings and operational improvements across the estate
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NewsBlank Street UK triples turnover
The coffee shop chain saw turnover surge to £35.8m in 2024, while achieving group-level profitability for the first time