All MCA Insight articles in March 2014 – Page 5
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NewsMinimum pricing 'under active consideration'
Minimum pricing of alcohol “remains under active consideration”, according to Home Office minister Norman Baker
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Hospitality careers programme secures 3,500 jobs
A programme designed to help jobseekers into work across the hospitality industry has succeeded in finding jobs for more than 3,500 people and saving more than £17.5m of public money
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Harley: Lowlander a growth concept
Lowlander is a “scalable” operating concept for Eclectic and gives the company a fourth format as it looks to make further acquisitions in and outside London, chief executive Reuben Harley has told M&C Report
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Meantime launches ‘Hops in a Box’ scheme
Meantime Brewing Company is giving away over 12,000 hop growing kits to Londoners in a bid to raise awareness about the ingredients that go in to making beer.
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SA Brain appoints new group head of HR
SA Brain, the Cardiff-based brewer and leisure operator, has appointed Jon Bridge, the former head of HR at House of Fraser, as its new group head of HR
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Just Eat to be valued at over £1bn
Just Eat, the online takeaway food service, is expected to be valued at more than £1bn today as it unveils the price of its Initial Public Offering (IPO).
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Renaissance Pubs secures seventh site
Renaissance Pubs, the London-based gastropub operator, is believed to have secured its seventh site in the capital, in Clapham
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Bel and The Dragon secures seventh site
Longshot, the business led by entrepreneurs Joel Cadbury and Ollie Vigors, has secured a seventh site for its Bel & The Dragon chain
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Punch invests £1.1m in Sheffield pubs
Punch Taverns, the tenanted and leased pub company, says it has invested £1.1m in its pubs in Sheffield in the past year
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NewsBill’s secures Nottingham site
Bill’s Restaurants, the Richard Caring-backed chain, has secured a site in Nottingham for an opening this summer
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NewsCamille’s eyes UK debut
Camille’s, the American ice cream bar operator, is planning to make inroads into the UK market this year, M&C Report has learnt
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Grillstock begins rollout
Grillstock, the fledgling barbecue concept, has secured its second site in the South West, in Bath
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NewsFY PBT up at Adnams
Adnams, the Suffolk-based brewer, pub operator and distiller, has reported a rise in pre-tax profit from £3.2m to £4.1m for the year to the end of 2013, while turnover increased 6.3% to £60.5m.
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NewsEclectic EBITDA grows 13%; acquires food-led bar brand
Eclectic, the bar group led by Reuben Harley, has reported a 13% rise in pre-adjusted EBITDA to £1.7m in the six months to December 2013, and also announced the acquisition the Lowlander Bar and Brasserie in London’s Covent Garden, together with the Lowlander brand, which it hopes to rollout nationally
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NewsTesco invests in new deli-diner concept
Tesco has made a further foray into the UK’s eating-out sector, investing in a new deli-diner concept called Fred’s Food Construction, which has been developed by Paul Goodale, former director of restaurants at Harrod’s, and Daniel Gestetner, founder of global frozen yoghurt brand Yoomoo
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NewsOrchid leasehold package placed on market
Leaseholds of 10 pubs run by Orchid Pub Company have been placed on the market with Fleurets, M&C Report has learnt
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NewsInvestec initiates TRG coverage with at a Buy
James Hollins, leading analyst at Investec, has initiated his coverage of The Restaurant Group (TRG) at a Buy with a 755p target price
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NewsTossed in Welcome Break link up
Tossed, the London-based salad bar concept led by Vincent McKevitt, is to link up with Welcome Break, Britain’s biggest motorway services operator
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NewsWahaca closes in on Cardiff site
Wahaca has moved closer to making its regional debut, after applying for a licence to open a site in Cardiff
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Soho House gearing up for Chicken Shop rollout
Soho House is gearing up to launch multiple sites under its Chicken Shop and Dirty Burger brands and is starting to look at possible opportunities for both concepts outside London