Finance – Page 17
-
NewsSimmons Bars acquired in pre-pack for £6m
Sixteen sites were acquired by founder Nick Campbell and Lonsdale Capital Partners, after the bar business suffered a downturn in trading and a loss of £2.85m in 2025
-
NewsTortilla achieves 5% rise in like-for-likes
The fast-casual Mexican restaurant group achieved a £3.9m increase in revenue for the half-year, to £35.4m, with strong sales momentum continuing into H2
-
NewsKFC UK sales up 5% in Q2
Owner Yum! Brands said the UK KFC business, which accounts for 6% of KFC’s system sales worldwide, had also achieved 5% sales growth in the year-to-date.
-
NewsButcombe Group delivers 9.8% growth in like-for-likes
Sales were up across all areas of the managed business, with drinks seeing the strongest lfl growth of +13% - boosted by the favourable weather, while food sales were up 8%, in the first half of the year
-
NewsGreene King Pub Partners to invest £27m this year
It follows capital investment of £23m in both 2023 and 2024 and will fund internal and external refurbishments across its leased, tenanted and franchise pub estate in England and Scotland
-
Analysis & InsightFrom pub sector darling to dismantlement – the story of Oakman’s unfolding
With an “inherently complex” funding structure, the pub and restaurant company founded by Peter Borg-Neal found itself with a limited ability to absorb trading shocks and generate sustainable profits
-
NewsSticks’n’Sushi hails ‘productive’ first year under McWin ownership
The Danish-Japanese group said its three markets – the UK, Denmark, and Germany – delivered sales growth in 2024 and carried the momentum into 2025
-
NewsDiageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits fell 27.8% to $4.3bn, due to “exceptional impairment and restructuring costs” and a decline in profit margin
-
NewsDomino’s profits slip by 15%
The pizza group blamed weak consumer confidence, higher costs of employment, and a tough comparison period for a slowdown in like-for-like sales and new openings
-
NewsPark Chinois acquired for £200,000
According to an administrators’ report by FRP Advisory, there were £4.7m worth of class B creditors listed in the report
-
NewsPizza Hut Europe turnover dips despite brand reset
The delivery arm of the Pizza Hut business saw turnover drop marginally in 2024, despite introducing a new menu and evolved brand last year
-
NewsPapa Johns continues like-for-like decline
The pizza delivery chain said it is taking “proactive steps to drive profitable growth”, with 74 sites closed in 2024
-
NewsMcDonald’s UK turnover dips by £14m
The QSR giant said it has invested in the customer experience across high street stores, drive-thrus, and delivery to mitigate the impact of challenging retail footfall
-
NewsTasty raises £9.25m
Proceeds will be used to invest in the group’s existing restaurants; tech and operations; acquisitions; and provide working capital support to deliver its revised growth strategy
-
NewsDishoom receives investment from L Catterton
The Indian restaurant group has brought in outside investment for the first time, with the US-headquartered global investment firm set to support Dishoom in exploring international opportunities
-
NewsTasty announces £9.25m fundraising to invest in growth
The casual dining operator has proposed to change its name to Bow Street Group and appoint David Page as executive chairman, with aspirations to deliver four to six acquisitions over the first three years
-
NewsTriSpan extends backing of NAYA
The US-based fast-casual concept has scope to scale to c200 sites, with additional funding from Pacific General Equity Partners and Kline Hill Partners
-
NewsPunch summer EBITDA ahead of 2024
The pub group also revealed further details of a successful refinancing, which saw it issue £600m in senior secured notes and a £70m revolving credit facility
-
NewsPark Chinois appoints administrators
The high-end Chinese restaurant and club, which was founded by Alan Yau, is part of Sofija Mehta’s Island Hospitality group, which also has outposts in Ibiza
-
NewsStarbucks sees ‘continued momentum’ in the UK
Comparable sales are in the low single digits, driven by a focus on service, beverage consistency, food innovation and labour investments to support peak operating hours, according to CEO Brian Niccol