Finance – Page 8
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NewsStaycation boost fails to ease pressures on hotel operators
A late summer surge in UK staycation bookings is helping drive demand across parts of the hotel sector, but operators say rising labour, energy and maintenance costs continue to squeeze profitability despite stronger trading
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InterviewsMarket Halls: ‘We’ve moved away from the transactional relationship and into the emotional’
Following a ‘landmark’ year, the food hall operator is looking to take advantage of consolidation in the market to grow its estate while also evolving the concept and guest experience
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NewsPapa Johns reports strong UK growth as international division drives momentum
UK comparable sales increased 10% during Q2, as UK managing director Chris Phylactou is promoted to VP international at the pizza brand
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NewsGreg Thorp and Tom Springett to lead Itsu as joint MDs
The pair have taken over the running of the Asian-inspired food-to-go chain’s restaurant business, with CEO Clive Schlee moving back into a director’s role on the board
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NewsWagamama targeting 100 restaurants in India via joint venture
The Restaurant Group owned brand has entered into a joint venture with Charcoal Concepts – a multi-brand restaurant platform owned by K Hospitality Corp – to build on the success of its four openings in India to date
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NewsBlend Family set for stock market listing
The independent food hall business is reportedly working with bankers at Cavendish on a listing to take place in the next 12 months
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NewsWestminster Council hit with criticism as it looks to stop vertical drinking
London mayor Sadiq Khan and NTIA chair Sacha Lord are among those to come out and condemn Westminster Council for having ‘anti-growth policies’
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NewsBain Capital to acquire Gong Cha
The private equity firm says it will work closely with Gong Cha’s highly experienced management team to support the Taiwanese tea brand’s next phase of growth
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InterviewsHeartwood sets sights on 1,000 bedrooms
The Alchemy-backed group has completed on a site in Solihull and has two further Warwickshire properties in legals
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NewsTime Out Market to finally make UK debut
The Crown Estate has announced Time Out Market London will open at 55 Regent Street, part of its 10 Piccadilly development in the heart of the West End, in 2028
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InterviewsPoolhouse can work in ‘many towns and cities' in UK
CEO and co-founder Andrew O’Brien tells MCA initial reaction to the tech-led pool group’s debut London site has been ‘amazing’ with strong repeat business and opportunities to evolve the concept
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InterviewsMcDonald’s UK&I CEO: ‘We’ve continued to strengthen customer connection and drive growth
Following publication of the global group’s Q2 results, Lauren Schultz tells MCA that a combination of menu innovation and culturally relevant campaigns has carried momentum into the second quarter
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NewsButcombe Group: ‘Major investments in the estate are driving growth’
The premium pub group has reported ‘strong’ half year results for 2026 with like-for-likes across its managed pub division up 5.2%
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NewsThe Coconut Tree returns to expansion
The Sri Lankan restaurant group, which was sold out of administration last year to two members of the founding team, will open a new restaurant in central Bristol this month
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NewsThe Fat Duck owner grows turnover and narrows losses
The parent company of Heston Blumenthal’s The Fat Duck restaurant in Berkshire saw its post-tax losses fall by nearly 20% in FY25
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Analysis & InsightDomino’s CEO: ‘Chick ‘N’ Dip has the potential to be second growth engine’
Chief executive Nicola Frampton says the pizza group is beginning to see tangible results from its new strategy, with first-half trading delivering growth across all key financial metrics
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NewsMcDonald’s Corporation: ‘Our international markets continue to demonstrate that our playbook is working’
The US fast food giant saw comparable sales across its international operated markets rise 1.5% in Q2 of FY26, led by continued momentum in the UK, Germany and Australia
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OpinionWingstop isn’t selling chicken. It’s selling belonging.
How youth culture, rap and content built Wingstop UK beyond compare
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NewsPizzaExpress chooses Stevenage for first Houston Hot Chicken site
The Nashville-style hot chicken brand will land in the UK this autumn with plans to roll out 50 restaurants nationwide over the next three years
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NewsWingstop UKI soars past £200m turnover as it nears 100 restaurant milestone
The fast-growing fried chicken chain saw revenue increase 73% in FY25, driven by both expansion and good underlying sales growth