All MCA Insight articles in March 2014 – Page 10
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NewsStarbucks aims to double market cap to $100bn
Starbucks chief executive Howard Schultz told shareholders at the group’s 2014 annual meeting that the business wants to almost double its market capitalisation to $100bn
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No target numbers for new Faucet Inns-Downing JV
No targets have been set for openings under Craft Beer Pub Co, the new joint venture between the Downing Pub EIS Fund and London-based operator Faucet Inns, M&C Report has learnt
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OpinionLittle and large
With the licensed trade currently undergoing change at an unprecedented rate, Glynn Davis looks at a polarisation within the market — as food-led pubs get bigger and bigger, while their wet-led cousins become champions of micro units
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UK's top development chefs honoured
YO! Sushi, La Tasca and Hakkasan were among the winners at the inaugural Farm Frites Development Chef Awards
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NewsLa Tasca launches new menu, cuts some prices
La Tasca, which last night won the award for Best Restaurant Menu (21+ sites) at Restaurant’s Development Chef Awards, has launched a new menu and dropped some price points “in line with guest feedback”
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Admiral Taverns appoints CPL
Admiral Taverns has appointed CPL to provide its personal licence training
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NewsDuty escalator scrapped; beer duty cut by 1p
Chancellor George Osborne has announced that the alcohol duty escalator is to be scrapped, and duty on beer again cut by 1p per pint
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NewsM&B and Busaba close in on O2 sites
Mitchells & Butlers (M&B) and Busaba Eathai are believed to be close to securing the remaining two units formally operated by the Inc Group at the O2 Arena
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NewsJamie’s Italian opens pizzeria
Jamie’s Italian, the casual-dining chain, has launched a standalone pizzeria at its site in Cambridge
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NewsRed’s expansion continues
Red’s True BBQ, fast-growing smokehouse concept, is to open two new sites this year, including a smaller more take-out focused unit in Headingley, Leeds
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NewsNew entrants will open outside city centres: Bacon
New, innovative operators are likely to open in areas outside city centres, as the market for central units “contracts”, according to Living Ventures chief executive Tim Bacon
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Man’oushe Street targets UK
Man’oushe Street, the Dubai-based Arabic street food concept, is targeting a launch in the UK as part of its international expansion
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Living Ventures 'could go overseas'
Living Ventures, the Tim Bacon-led restaurant and bar group, could look to expand overseas and has trademarked its Australasia brand in Australia, the US and the Middle East.
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Tropeiro group set to enter CVA
Tropeiro Restaurants, the Chester-based Brazilian-influenced restaurant chain, which was placed into administration last month, is set to enter a company voluntary arrangement (CVA)
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San Carlo Group in funding talks
San Carlo Group, the family run Italian restaurant chain, has been in discussions about securing outside investment, managing director Marcello Distefano has revealed
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Dark Star to move to bigger site
Sussex-based brewer and pub operator, Dark Star is in the process of agreeing a deal on a new site in order to build a larger brewery to match increasing demand
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Living Ventures founders win special achievement award
Tim Bacon and Jeremy Roberts, chief executive and commercial director respectively of Living Room, have been recognised with a special achievement award at the Northern Restaurant & Bar event
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NewsWhitbread chairman Habgood named new BoE chair
Anthony Habgood, the chairman of Whitbread, has become the new chairman of the Bank of England, as part of a wider reshuffle at the institution
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Page nets £3.7m from share sale
Andrew Page, the outgoing chief executive of The Restaurant Group (TRG), has cashed in options and shares worth £3.7m ahead of his retirement later this year
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NewsVAT Club names 24 September as Tax Equality Day
VAT Club Jacques Borel is to stage a Tax Equality Day on Wednesday 24 September