Finance – Page 9
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NewsWelcome Break reports ‘very successful’ year
The motorway service area operator saw a record performance in terms of EBITDA profitability, followed by strong momentum in the beginning of 2025
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Analysis & InsightQSRs outperform as consumers grow more selective
UK eating-out participation fell slightly in Q2 2025, but higher frequency and spend per visit suggest consumers are choosing fewer, more purposeful occasions, according to Lumina Intelligence’s latest EDOP
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NewsMitchells & Butlers raises full-year expectations as like-for-likes climb 4.5%
The group upgraded its full-year outlook after delivering a strong Q3, stating that performance remains well ahead of the market, supported by a favourable Easter trading period and warm summer weather
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NewsChipotle CEO: Europe could support ‘thousands’ of sites
The QSR brand is pressing ahead with its international growth strategy despite a dip in like-for-like sales, with the group highlighting improving trends and strong potential across Europe
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NewsMegan’s grows revenue by 13%
The 21-strong neighbourhood restaurant group exited its Clapham Common site and is actively seeking to exit another, but said it remains committed to “disciplined, selective” expansion
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NewsBusaba Eathai acquired in pre-pack
The seven-strong Thai restaurant group has been acquired in a pre-pack sale by Seaco Investments, saving around 240 jobs
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InterviewsJW Lees: 'When the sun comes out, pubs do well'
Greater Manchester-based brewer and pub group MD William Lees-Jones says the business remains cautious despite strong early-year trading, with new cost pressures and tax reforms threatening profitability
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Analysis & InsightScale, financial discipline shelter Wetherspoon from cost pressures
The pubco’s margin estimates remain unchanged, implying it is coping with higher labour costs despite its value proposition, according to analysts
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NewsCosta franchise acquires 21 sites
Sim Trava, one of the largest Costa franchises in the UK, has acquired 21 branded coffee shops from Sheffield-based fast food franchise operator QFM Group
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NewsFortress eyes Malmaison & Hotel du Vin takeover
The backer of Loungers and Punch Group is reported to be participating in an auction for the hotel brands, which have 37 UK locations
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NewsFive Guys secures £185m refinancing deal
The new debt agreement will provide financial headroom for the better burger chain until 2030, and will enable it to expand its estate, with a larger number of drive-thru restaurants understood to be part of the strategy, Sky News reports.
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NewsJD Wetherspoon achieves 5.1% uplift in like-for-likes
Chairman Tim Martin said sales volumes had recently overtaken pre-pandemic levels, and revealed plans to open 15 new managed pubs and a similar number of franchised sites in the next financial year.
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NewsBusaba Eathai appoints administrators
The seven-strong Thai-inspired restaurant group appointed administrators at Leonard Curtis on 16 July
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NewsIndividual Restaurants remains committed to expansion plans
Chief executive Andrew Garton said the business was looking to grow further with the launch of new concepts, and entering new markets, both in the UK and internationally
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NewsMarston’s on track for strong Q4
The pub group anticipates strong trading, supported by a pipeline of demand-driving events, the rollout of order & pay, and ongoing revenue management initiatives
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NewsFuller’s delivers 5% like-for-like growth
CEO Simon Emeny commented on the pub company’s excellent results in the first 16 weeks of its financial year, with chairman Michael Turner stepping down after 47 years
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NewsPoolhouse secures further $1.5m
Following its $34m seed round, the competitive socialising concept has secured further funding from EMERGING, the US-based fund behind F1 Arcade, Flight Club, and Batbox
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NewsTrust Inns reports satisfactory performance
Sales at the tenanted pub company were up 2.8% to £43.2m for the year to 30 March 2025
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NewsRoadworks lead to sales slide for Roadchef
The motorway service area operator posted a loss of £5.9m in 2024 after significant disruption on the M1 and M25 motorways
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Weekend PressDown in one: how private equity swallowed the BrewDog Unicorn
All the shares sold to retail investors, the 130,000 so-called “Equity Punks”, will probably be worthless unless a generous buyer suddenly appears for the lossmaking BrewDog, the Financial Times reports