Finance – Page 12
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NewsTonkotsu achieves +11% increase in turnover
Ramen restaurant group Tonkotsu said its strong revenue growth was supported by new locations, an updated menu design, and price optimisation, with up to four additional sites planned over the next two years.
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NewsBanana Tree sees boost from new Cardiff flagship
The Big Table Group-owned South-East Asia restaurant saw its first site in Wales perfom “exceptionally well”, however the impact of cost pressures and consumer confidence resulted in a loss before tax in 2025
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NewsWahaca moves into positive like-for-like sales
The contemporary Mexican restaurant group says its positive LFL trajectory has continued into FY26, adding that it is ‘in a great position’ to continue to drive organic growth’
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Analysis & InsightRapid churn of closures and openings sees number of hospitality outlets hold steady in Q2
The latest Hospitality Market Monitor highlights particularly significant churn in the bar sector and shows that Britain’s city centres remain resilient despite the sector’s challenges
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NewsWorld Cup delivers 16% spending boost for UK pubs and bars
Data from Dojo also shows that across the tournament spending uplift in hospitality venues was 9% higher on average compared to Euro 2024
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NewsTortilla: ‘2025 was a year of progress and of difficult lessons in equal measure’
While its UK business stabilised, the fast casual Mexican restaurant group says the integration of the France-based Fresh Burritos proved ‘far more challenging’ and it is now exiting underperforming sites
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NewsBrava acquires Riding House Café
The group says the acquisition marks a significant expansion of its hospitality portfolio and strengthens its position in the central London dining scene
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NewsBig Table sees ‘meaningful opportunities ahead’ despite market challenges
The group says FY25 was one of significant progress and that it is on track to deliver its strongest profit growth in the last five years in FY26
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Opinion‘The cavalry is coming’: vibes-minister looks to reclaim the pub from Farage
In an appeal to the voters who have defected to Reform, Andy Burnham has sent a strong signal of his support for the sector, positining pubs as intrinsic to British heritage and working-class culture
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NewsThe Lancaster Landmark Hotel Company unveils ‘global evolution’ to support future growth
The group has rebranded itself as The Landmark Collection, a move that brings together its six global properties under one umbrella
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NewsComptoir announces new finance director
Nathan Portelli, who is currently head of finance, will move into the FD role later in the year following the departure of James Fisher
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NewsNightcap in talks about multimillion pound fundraising deal
It’s reported the late-night operator has approached investors about a seven-figure capital injection to finance the purchase of a sizeable ‘competitive socialising’ leisure concept
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NewsBusiness groups unite against holiday tax
As Edinburgh becomes the first UK city to introduce a holiday tax, a coalition of business, hospitality, tourism, countryside and travel groups have urged the government to rethink the policy
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News‘Burnham bounce’ and World Cup fever boosts consumer mood
GfK’s long-running monthly survey shows confidence climbed six points higher in July, the largest increase seen since November 2023, amid a ‘wave of optimism’
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Analysis & InsightFoodservice inflation sees 1.8% rise in June
Food and drink prices in the hospitality sector crept up again in June (+1.8%), having stabilised the previous month, according to the latest Foodservice Price Index from NIQ and Prestige Purchasing.
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NewsWhitbread appoints new non-executive director
Mark Allan, CEO at Land Securities Group, begins his role on 1 October 2026 and will also join the audit committee and nomination committee.
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News‘Challenging weather conditions’ moderates third quarter trading at M&B
The pub and restaurant group saw flat sales in Q3, but notes that year-to-date like-for-like growth remains robust at 2.2%
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NewsNell’s Pizza founder launches youth hospitality jobs platform
Called Lenny, the platform aims to help young people secure entry-level work while making it easier for operators to employ under-18s
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NewsWorld Cup lifts pubs but restaurant sales dip in flat June for hospitality
While pub like-for-like sales were up by 1.9% year-on-year last month, the best performance of the year so far for the category, restaurant group sales were down 0.7%
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InterviewsMoto Hospitality: ‘We’re expecting a bumper summer’
CEO Ken McMeikan tells MCA the MSA operator is seeing strong growth this year driven in part by the expansion of its EV infrastructure and a rise in UK staycations