All MCA Insight articles in March 2014 – Page 16
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News
OFT: banks 'a barrier to alternative funding’
Banks may be hindering small and medium enterprises from accessing finance from alternative providers such as peer-to-peer lenders and on-line lending platforms, the Office of Fair Trading has warned
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NewsJack reiterates Buy for Spirit
Leading analyst Douglas Jack has reiterated his Buy recommendation for Spirit Pub Company ahead of its H1 trading statement next Tuesday (18 March), saying that the forecast risk for the group remains on the upside
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NewsOakman appoints ops director, secures new site
Oakman Inns & Restaurants, the award-winning pub operator, has recruited Alex Ford as its first operations director
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NewsMay Capital linked with GK package
May Capital has become the latest group linked with the possible acquisition of the c300-strong tenanted pub portfolio placed on the market by Greene King early last year
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NewsMuffin Break names new sites
Muffin Break, the Australian bakery cafe chain owned by Foodco, has told M&C Report it plans to open 15 new stores in the next 12 months
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NewsCaring eyes Ivy Café launch
Richard Caring is believed to have secured the first site for a new all-day dining format, the Ivy Café, in London’s Covent Garden, M&C Report understands
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NewsFlypay receives further funding for sector rollout
Flypay, the developer of the restaurant app which enables waiter-less payment, is to be rolled out further after receiving £1m of new funding from mobile payment specialists Entreé Capital and a successful trial with Wahaca
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News
M&B takes M&C north of the border
Mitchells & Butlers (M&B) will open the first site under its Miller & Carter steakhouse brand in Scotland next month in Edinburgh, and has another three openings lined up for the concept
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NewsDundee next for BrewDog
BrewDog, the fast-growing Scottish brewer and pub operator, has secured its latest site in Dundee
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News
BII launches pilot schemes for jobseekers
The British Institute of Innkeeping (BII) is set to launch two pilot schemes aimed at getting young jobseekers into work
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NewsWhitbread secures record amount of space
Whitbread Hotels & Restaurants acquired a record 1.6m sq ft of hotels and restaurants in the year to the end of February
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News
Luminar to spend £1.3m on Leeds Pryzm
Luminar is to spend £1.3m on its latest conversion from Ocean to Pryzm, in Leeds
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News
Eataly sells stake, eyes flotation
Eataly, the Italian food emporia and restaurants group that’s reportedly in talks with the family behind Selfridges about bringing the concept to London, has sold a 20% stake to Italian investment firm Tamburi Investment Partners (TIP) as part of a move to list on the stock exchange
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News
Venners appoints new food consultant
Venners, the Christie Group-owned auditing and consultancy firm, has promoted James Shanks to head its food consultancy arm
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News
Wellstead to step down as AG&G chair
Colin Wellstead is to step down from his role as chairman of property adviser AG&G after 6 years with the company
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News
Molson Coors names new Scotland sales and ops director
Molson Coors has appointed Hugo Mills, previously of Diageo and Gruppo Campari, as director of sales and operations for Scotland
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NewsJDW secures Essex pub
JD Wetherspoon has completed the acquisition of a pub in Maldon, Essex, for more than the £350,000 asking price
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NewsTwo thirds of adults support beer duty cut or freeze
The YouGov poll for the British Beer & Pub Association found that almost a fifth of workers are putting off going out to the pub until payday because they can’t afford it
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NewsH+H eyes overseas expansion
Harris + Hoole, the Tesco-backed chain, could eventually look at expansion opportunities overseas, according to its chief executive Nick Tolley
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Analysis & InsightSpending at restaurants up in February
Restaurants continued to perform well with spend up 10.8% in February, despite overall consumer spending during the month being flat