All MCA Insight articles in January 2014 – Page 20
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NewsChelsea’s oldest pub acquired for £3.9m
Parsons Green Land, the West London-based property development, has acquired Chelsea’s oldest pub, the Cross Keys, from its private owner for £3.9m
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NewsBe At One confirms Bristol opening
Be At One, the Piper-backed cocktail bar chain, has confirmed that it is to open its 21st site in Bristol on 26 February
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Cerberus to acquire further pub portfolio
Cerberus Capital Management is understood to be in advanced talks to acquire a 134-strong portfolio of pubs in a deal valued at £200m
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Just Falafel to enter North America
Just Falafel, the UAE-based falafel chain, has signed franchise agreements to open 160 restaurants in the US and Canada over the nest five years
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Osborne cautious on minimum wage hikes
Chancellor George Osborne has warned that any increase in the minimum wage “has to be done in a way that doesn’t cost jobs”
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Food & Fuel buys Ealing pub
Food & Fuel, the operator of London-based gastropubs and bars headed by former Spirit boss Karen Jones, has secured its 13th site and its second consecutive acquisition in Ealing
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H&W tenants 'happy with pub company'
Nine out of 10 tenants of Hall & Woodhouse said their partnership with the Dorset-based brewer and pub operator lived up to their expectations, a rise of 17 percentage points on last year, the company said
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NewsCollyer: Expects buoyant trading updates
A leading analyst has said that private company performances over the festive season underpin trading expectations for listed companies and that he is expecting a “collection of buoyant trading updates”
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NewsEQT plans SSP listing
EQT Partners, the private equity firm behind SSP, is accessing its options for the leading travel concessions operator, with the group tipped for a flotation on the London Stock Exchange toward the second half of this year
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NewsLabour to host Parliamentary debate on pubco code
Labour is to host a debate in Parliament on the proposed statutory code for pub companies on the afternoon of 21 January
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NatWest/RBS launch £250m storm fund
NatWest and RBS have launched a £250m UK Storm Business Fund to provide short term, interest free financing to speed recovery for businesses affected by recent floods and gales
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NewsGreggs could make 410 redundancies
Greggs says it could make 410 redundancies by decommissioning in-store bakeries and restructuring its management and support teams, which it says could save the company £6m per year from 2015
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Government 'under-estimates cost of pubco code'
Pubcos may have to transfer “considerably more” in profits to their tied tenants than the Government estimates - up to £20,000 per pub - under the proposed statutory code, according to the Association of Licensed Multiple Retailers
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NewsGovernment misses MPs' pubco code deadline
The Government has missed the deadline set by a committee of MPs to reveal its intentions towards intervening in the tenanted pub company model, M&C Report has learnt
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Lowther to lead Five Guys in the north
Tim Lowther, who recently oversaw the launch of Shake Shack in the UK, has been named as head of operations UK north for rival chain Five Guys
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NewsBarburrito founder steps down
Barburrito has said that co-founder Paul Kilpatrick has stepped down from the company to pursue other interests, as it reported a 16% rise in turnover to £4.6m for the year to 31 March 2013
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NewsNew group targets sugar reduction
A campaign has been launched to reduce the amount of sugar in foods to reduce the level of obesity
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NewsJust Falafel secures first site outside London
Just Falafel, the fast-casual chain, has secured its first site outside of London, in Essex, M&C Report has learnt
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Shawarma Xpress eyes UK launch
Shawarma Xpress, the fast food concept based on the eponymous Middle Eastern grilled food, is looking to enter the UK market via franchise, M&C Report has learnt
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NewsBrown moves Domino's from Sell to Hold
Leading analyst Wayne Brown has upgraded Domino’s Pizza from Sell to Hold and raised his Target Price for the company following its Q4 results yesterday where it reported a 10.9% rise in UK like-for-like sales for the 13 weeks to 29 December