All MCA Insight articles in January 2017 – Page 12
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Edward joins Canaccord Genuity as senior advisor
Ian Edward, sector investor and non-executive director, has joined Canaccord Genuity as a senior adviser
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London’s Brooklyn Bowl closes
The Brooklyn Bowl music venue, which launched three years ago at the O2 Arena, has closed indefinitely
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Tortilla founder secures funding for new events app
REVL, the new events app, has closed a £2.4m seed funding round, supported by private investors
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Government: Essential to press on with apprenticeship levy
The Government has insisted it will continue discussions with businesses over the implementation of the apprenticeship levy.
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Honest secures trio of new sites
Honest Burgers, the Active Private Equity-backed group, has secured a further three sites
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Italian wine merchant to launch Aldgate restaurant
Wine merchant MK Wine Art Ltd is to open a flagship restaurant, Satyrio, in Aldgate High Street.
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Public health bodies unite in call to ban alcohol advertising
Public health experts have made a united call for a ban on alcohol advertising.
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Stange & Co to open seventh site
Wirral-based family pub company Stange & Co has taken on a seventh pub, to open in the Spring.
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Odeon appoints Welch as new MD
Carol Welch, who stepped downfrom Costa last year, has been appointed managing director for Odeon UK & Ireland
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Umbrella Project launches brewery and searches for new site
The Umbrella Project, the two-strong cocktail bar operator, is preparing for the consumer launch of its ginger beer brewery, and looking for a third site.
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Everards announces steady FY results
Everards has reported growing profits from its 176 strong pub estate but flat turnover and profits in its latest full year financial results.
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Arkell's profits up 20% in FY results
Arkell’s Brewery has reported turnover up 4.3% to £20.9m, while profit before exceptional items and tax rose by 20.6% to £2.5m.
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Humble Grape seeks £1m for next stage of growth
Humble Grape, the London-based wine merchant and bar/restaurant operator, is to launch a £1m crowdfund to add new sites and improve its digital platform, MCA understands.
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Report underlines pub/brewing sector's economic value
The BBPA has made fresh calls for a cut in beer duty rate as its latest report revealed the industry makes a £23bn contribution to the economy in Gross Value Added (GVA).
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Gusto plans triple opening in 2017
Gusto, the Palatine-backed restaurant chain, plans to open three new sites this year
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Booker non-tobacco lfls up 5.1% in Q3
Booker Group has reported non-tobacco like-for-like sales up 5.1% for the 16 weeks to 30 December.
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Revolution promotes Doran to commercial director
Revolution Bars has promoted Myles Doran to commercial director.
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Festive lfls up 4.7% at CDG
Casual Dining Group has reported a 4.7% increase in like-for-like sales for the five weeks to 8 January
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Novus acquires Rocket Restaurants from 3Sixty
Novus Leisure has announced the acquisition of Rocket Restaurants Ltd – part of 3Sixty Restaurants.
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Arc in talks with BGF and private equity
Arc Inspirations is in talks with the Business Growth Fund and private equity groups about funding its next stage of expansion, with plans for three to four openings a year in the short term.