Finance – Page 15
-
NewsTGI has ‘moved the needle’ since acquisition
Global president Phil Broad said TGI has “a long way to go” but its owners feel energized by the opportunities that lie ahead
-
Weekend PressWhitbread CEO: ‘Dear Andy Burnham, here’s why we’re investing £500m less in the UK’
Writing in The Sunday Times, Dominic Paul says the next prime minister must abandon ‘ruinous’ changes to business rates that are choking growth
-
Weekend PressHow the Great British Summer Savings scheme is helping families
The BBC speaks to families planning to make the most of the policy, which sees VAT slashed from 20% to 5% across a range of family-focused hospitality and leisure settings including on kid’s meals in restaurants
-
Weekend PressOnly the World Cup is keeping pubs afloat, says Estrella UK chief
Luke White, MD of Damm UK, tells The Telegraph pub margins remain ‘razor thin’ despite prediction of extra 5.5 million pints drunk during England’s quarter final clash with Norway last night
-
Weekend PressJersey Mike’s IPO tries to sprinkle SpaceX magic on a sandwich
Sandwich chain’s US float, as it prepares to expand into new international territories including the UK, is a test of appetite for a sector pinched by concerns over consumer spending, writes the FT
-
Weekend PressLuke Johnson plots takeover of Wahaca restaurants
The tycoon, also a backer of Gail’s, is in talks to acquire the Mexican chain as it seeks a new investor to fund expansion, The Sunday Times reveals
-
InterviewsSticks’n’Sushi: ‘We strongly believe there are opportunities outside of London’
CEO Andreas Karlsson tells MCA the Danish-founded, Japanese-inspired restaurant group is interested in further expansion in the north of north of England and Scotland following successful openings in Glasgow and Manchester
-
NewsNotes increases sales but losses widen
The specialty coffee and wine-bar operator grew turnover by 15% in 2025 with three new locations
-
NewsBurnham adviser backs plans for National Food Service
The recommendations call for the creation of approximately 9,500 government-backed Community Food Centres that would offer nutritious meals free at the point of use
-
NewsStarmer planning bank holiday if England win World Cup
A potential public holiday could reportedly be scheduled for week after the final on 19 July if England triumphs in the tournament
-
News#VATsTheProblem campaign passes 260,000 signatures as shop launches for delivery
Hospitality businesses are now able to order printed campaign assets to be delivered direct to their venue
-
NewsRoadchef sees turnover rise in 2025
The motorway service area operator says its FY25 performance was supported by the gradual recovery of footfall following the completion of M1 roadworks, which hit turnover last year
-
NewsPizza Pilgrims: ‘The best is yet to come’
The Neapolitan pizza group says its new ownership structure positions it for an ‘exciting phase of growth’ as it reports revenue of nearly £60m and a return to profit
-
NewsUKH calls on Plaid Cymru to deliver business rates cut in Wales
The trade body says it recommends reforming or replacing business rates to achieve a permanent, lower rate for hospitality businesses across the country
-
NewsPermanently Unique plots accelerated growth after securing £25m credit facility
The Manchester-based group says the funds will help drive the expansion of its Fenix, Tattu and Louis brands both in the UK and internationally
-
NewsHospitality warned heatwave could drop bookings by up to 48%
Analysis of the June heatwave carried out by Access Hospitality and DesignMyNight also shows the hot weather caused hospitality covers to decline by 19% and walk-ins to drop by 11%
-
Analysis & Insight‘The biggest barrier is uncertainty’ – AlixPartners on pub sector M&A
Rising consumer caution, stubborn borrowing costs and growing pressure on leveraged operators are reshaping the UK pub M&A landscape, AlixPartners director Craig Rachel, who told MCA’s Pub Conference
-
NewsScoffs hires Steve Packer
The former Pizza Hut Restaurants CFO joins Costa Coffee franchisee Scoffs as interim finance director
-
NewsRise of GLP-1s ‘reshaping’ Britain’s hospitality industry
New research from RSM UK’s Consumer Outlook shows consumers on the weight-loss drugs cut back on alcohol, snacks and dining out
-
NewsKERB reports ‘biggest events weekend in its history’
The London based street food collective and hospitality group says it generated more than £800,000 in trader revenue across 18 simultaneous events at 10 venues