All news articles – Page 13
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NewsDavid Page in talks to raise £10m for Tasty
The placing would see Tasty renamed Bow Street Group, while the former Fulham Shore boss would take on the role of executive chairman at the London-listed Wildwood and dim t operator
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NewsGail’s yet to reach saturation point
CEO Tom Molnar said he has considered international expansion, but is yet to pull the trigger because the premium bakery chain has a long way to go in the UK
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NewsHospitality welcomes proposals to cut red tape
UKHospitality chair Kate Nicholls called for long-term plan to boost high streets and hospitality that sees both a reduction in red tape and business rates, expected in the upcoming Budget
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NewsLane7 consolidates ahead of further expansion
The competitive socialising concept sees a healthy pipeline for future opportunities across the UK, Ireland, and Germany
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NewsWelcome Break reports ‘very successful’ year
The motorway service area operator saw a record performance in terms of EBITDA profitability, followed by strong momentum in the beginning of 2025
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NewsWorld’s thirst for matcha dries up global supplies
Surging demand, combined with smaller tea crops due to heatwaves and US tariffs on Japan, is also pushing up matcha prices
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NewsPlans for pubs to get greater protection from noise complaints
Labour said it is committed to removing “some of the red tape” that prevented new cafes, pubs and music venues from opening
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NewsWomen’s Euro 2025 final to cap £800m boost for UK pubs and retailers
The England v Spain match is set to be most-watched women’s football match in UK history
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NewsTax rises killing off pub summer holiday jobs, warn bosses
Rising taxation risks killing off the traditional pub summer holiday jobs amid a sharp slump in hospitality vacancies
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NewsVagabond to launch UK’s largest urban winery at Canada Water
The wine bar and merchant is set to open the UK’s largest urban winery later this year at British Land and AustralianSuper’s Canada Water development, scaling the brand’s production and experiential offer
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NewsMitchells & Butlers raises full-year expectations as like-for-likes climb 4.5%
The group upgraded its full-year outlook after delivering a strong Q3, stating that performance remains well ahead of the market, supported by a favourable Easter trading period and warm summer weather
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NewsChipotle CEO: Europe could support ‘thousands’ of sites
The QSR brand is pressing ahead with its international growth strategy despite a dip in like-for-like sales, with the group highlighting improving trends and strong potential across Europe
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NewsMegan’s grows revenue by 13%
The 21-strong neighbourhood restaurant group exited its Clapham Common site and is actively seeking to exit another, but said it remains committed to “disciplined, selective” expansion
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NewsSt Austell appoints Don Davis as CFO
Formerly of Hush, ASOS, and Homebase, Davis brings 30 years of retail experience and will replace current CFO Colin Stratton in August
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NewsBusaba Eathai acquired in pre-pack
The seven-strong Thai restaurant group has been acquired in a pre-pack sale by Seaco Investments, saving around 240 jobs
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Welcome Break, Dishoom, Big Mamma, Wingstop, and more
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NewsCosta franchise acquires 21 sites
Sim Trava, one of the largest Costa franchises in the UK, has acquired 21 branded coffee shops from Sheffield-based fast food franchise operator QFM Group
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NewsFortress eyes Malmaison & Hotel du Vin takeover
The backer of Loungers and Punch Group is reported to be participating in an auction for the hotel brands, which have 37 UK locations
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NewsFive Guys secures £185m refinancing deal
The new debt agreement will provide financial headroom for the better burger chain until 2030, and will enable it to expand its estate, with a larger number of drive-thru restaurants understood to be part of the strategy, Sky News reports.
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NewsJD Wetherspoon achieves 5.1% uplift in like-for-likes
Chairman Tim Martin said sales volumes had recently overtaken pre-pandemic levels, and revealed plans to open 15 new managed pubs and a similar number of franchised sites in the next financial year.