Finance – Page 8
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NewsWetherspoon continues to outperform sector
The pubco delivered a 3.7% uplift in like-for-like sales in the 14 weeks to 2 November, albeit chairman Tim Martin said he is “mindful” of the upcoming Budget
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NewsKFC UK sales jump 9% in Q3
Strong growth in transactions delivered a significant sales uplift, with the QSR giant crediting menu innovation, late-night occasions, and a focus on value
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NewsDomino’s: Chick ‘N’ Dip performing ‘ahead of expectations’
The group’s new sub-brand has launched successfully, according to CEO Andrew Rennie, with the core pizza business also gaining market share
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NewsDeep Blue Restaurants rebrands as Harry Ramsden’s Group
The move will see Deep Blue sites rebrand to Harry Ramsden’s as the group looks to consolidate operations and expand its reach both nationally and globally
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NewsYum! Brands: Reinvigorating Pizza Hut could require ‘multi-year effort’
CEO Chris Turner said the pizza chain has “lots of strengths” and may achieve more success outside the ownership of Yum!, as group initiates a strategic review for the brand
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NewsYum! launches strategic review of Pizza Hut
Chief executive Chris Turner said Pizza Hut’s faltering performance now requires “additional action” which could take place outside of Yum! Brands
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NewsShoryu Ramen Ltd sees like-for-likes sales fall as turnover drops and losses widen - updated
The Toridoll Holdings-backed Japanese restaurant concept says it’s on course to surpasses pre-pandemic baseline sales in 2026 despite like-for-likes falling 7.9% in its latest financial results
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NewsDomino’s reports 2.1% Q3 sales uplift
The pizza group has reported a 2.1% increase in total system sales, to £382.7m, for Q3 2025, despite a total order decline of 1.5%, with the introduction of its new Chick ‘N’ Dip range trading well in trial locations.
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Analysis & InsightInside Pizza Hut Restaurants' complex web of debt
The operator called in administrators after a declining trading performance and negative like-for-likes driven by competition from quick-service restaurant operators and delivery aggregators
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NewsOne in eight pubs now ‘technically insolvent’
New analysis by accountancy firm Price Bailey show pub insolvencies surged during the spring and summer of 2025 with June recording the highest number of business failures in over a decade
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NewsGordon Ramsay Restaurants cuts hundreds of jobs as losses grow
Celebrity chef’s empire becomes the latest to succumb to cost of living challenges as almost 10% of staff face job cuts, according to The Times
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Analysis & InsightBattersea Power Station tries to defy London luxury slump with £2bn sale
Offloading the landmark site would serve as a litmus test for the capital’s dwindling property market, reports The Telegraph
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Analysis & InsightMega-brewers keep investors’ coffers topped up
Managers have used a mix of price rises and cost cuts to boost free cash flow and keep shareholders sweet, the FT reports
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NewsTGI Fridays UK sold to global brand manager Sugarloaf
The transaction follows a 12-month ownership of the UK bar and casual dining chain by Calveton UK and Breal Capital, which acquired two-thirds of the business in a rescue deal
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NewsLeon co-founder John Vincent buys chain back from Asda
The entrepreneur has taken back the business for an undisclosed sum after it was purchased for £100m by EG Group in 2021
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NewsLaine Pub Company founder Gavin George joins Chickpea Group board
George, who stepped down as CEO of Laine in 2024, will work closely with the Chickpea board to advise on and support its next period of growth
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InterviewsUrban Pubs & Bars: ‘We’re very much an opportunity driven business’
The pub group’s acquisition of Albion & East adds two more postcodes to its growing London estate, and further purchases could be on the cards
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NewsBritvic acquisition delivers strong growth for Carlsberg despite difficult market
The Danish brewer reported volume growth of 16.2%, and organic volume development -3.0% in its Q3 results
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NewsAB InBev launches $6bn buyback despite volume decline
The owner of Budweiser and Stella Artois was expected to kick off a $2bn buyback over the next 12 months, although some analysts did forecast a larger outlay in light of its falling debt pile
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NewsBurger King UK set to surpass $1bn in revenue
Restaurant Brands International praised the UK business, noting that the brand’s recent collaboration with Gordon Ramsay drove ’strong engagement and sales’, while the business has added more than $115m (£87.5m) in revenue over the last 12 months.