All MCA Insight articles in January 2014 – Page 6
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Analysis & Insight
F&B deal volumes rose in Q4
Deal volumes in the food and beverage sector rose slightly in Q4 2013 compared to Q3 2013 as the number of private equity backed deals increased by 60% in the same period
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News
House relaunches Whisky Mist with new sister club
Nick House has relaunched his renowned and exclusive Mayfair-based Whisky Mist nightclub with a new spin on its Scottish heritage
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News
Sonnet 43 site to add rooms
Sonnet 43, the brewpub venture headed by Tavistock Leisure managing director Mark Hird, is to add rooms to one of its sites
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News
Natwest launches energy audit programme
Leisure businesses could benefit from thousands of pounds of savings on their energy bill thanks to a new Energy Audit programme from NatWest and RBS
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NewsTuppen, Caring and Johnson attack Labour's 50p tax rate
Enterprise Inns founder Ted Tuppen, serial sector investor Luke Johnson and restaurant investor Richard Caring are among the 24 senior UK business people to sign a letter attacking Labour’s pledge to raise the top rate of tax to 50p
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NewsUnion Jacks sites closed
Jamie Oliver Restaurants has closed three of the four sites currently operating under its Union Jacks brand, as the company looks to concentrate on the continued roll out of its core Jamie’s Italian chain both in the UK and internationally
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NewsZonal strengthens team
Zonal has appointed its first sales executive for Scotland tasked with developing opportunities among small and medium companies north of the border
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News
Mezze sales grow 30% in January
Mezze, the West Country restaurant chain, has said sales across his six sites have grown 30% since the start of January
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NewsSector urges more red tape help
The Prime Minister’s pledge to cut red tape to help small businesses is welcome news but more needs to be done by the Government, leading trade associations have said
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NewsHand and Flowers named UK's top gastropub
Tom Kerridge’s two-Michelin-starred the Hand and Flowers has been crowned top gastropub in the UK for the third year running at the Budweiser Budvar Top 50 Gastropubs Awards
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News
Michelin-starred chef Munoz to make UK debut
David Muñoz, chef and creator of Madrid’s three Michelin-starred DiverXo, is to open his street-food inspired StreetXo format in London’s Mayfair this June
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Analysis & InsightPub beer sales dip 2.2%
UK beer sales have increased for two consecutive quarters - the first time in 10 years – although pub beer sales were down by 2.2%
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Weekend Press
Weekend press round-up, 25-26 January
Company results and news How TGI Friday’s boss cut out the obstructive staff Under Karen Forrester, the TGI Friday’s restaurant chain has undergone a big recovery – and it all began with a fire that gutted one of its flagship sites. While most bosses would consider this an unmitigated disaster, ...
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NewsABI unable to support Punch restructure proposals
A group representing Punch Taverns noteholders has said it’s unable to support the pub company’s plans for its debt restructure
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OpinionProbing the complexities
The current post-recessionary consumer landscape is shaped by an intricate web of economic, social and cultural trends, writes Michael Brennan, executive director at Trajectory, which specialises in analysing and forecasting social and consumer trends
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News
InnBrighton takes original Jongleurs site
InnBrighton, the Brighton-based multiple pub operator, has secured its seventh site in London after acquiring the lease of a Battersea pub that was the original home of the Jongleurs live comedy concept
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NewsTragus to undergo debt restructure
Tragus, the Café Rouge, Bella Italia and Strada operator, is understood to be preparing to undergo a debt-for-equity swap under a proposed restructuring of its estimated £240m debt, according to The Times
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Analysis & InsightEating out market 'stabilising'
Britain’s eating out market is stabilising in terms of frequency of eating out ahead of an expected return to “steady” growth, with pubs and cafes seeing slight growth against a small decline among pizza and pasta restaurants and eat-in fast food outlets
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News
Sales grow 60% at new-look Chicago Rock
Chicago Leisure, the bar and nightclub operator, has seen sales at its new-look Chicago Rock Café grow by more than 60% since it relaunched in November, as the company firms up plans to expand, M&C Report has learnt
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News
Harris launches Skylark vehicle
Mark Harris, formerly of Green’s Restaurant & Oyster Bar, has launched a new restaurant vehicle called Skylark Restaurants to operate an eclectic mix of concepts across London.