All news articles – Page 1372
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Enterprise agrees new £138m revolving credit facility
Enterprise Inns has announced that it has agreed the terms of a partial refinancing of its 2018 bonds, and agreed terms to replace its existing bank facility with a new £138m revolving credit facility on improved terms
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Welcome Break eyes Starbucks drive thru rollout
Welcome Break plans to roll out Starbucks drive thrus to another 10 sites, with Harry Ramsden’s and Subway also set to be added to most of the 27-strong estate, M&C Report has learnt
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Fulham Shore seeking further acquisitions
Fulham Shore, the David Page-led investment vehicle, is looking to operate up to three distinct restaurant businesses under its ownership
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JDW’s Davis to become Greene King CFO
Kirk Davis, the current finance director at JD Wetherspoon, is to join rival Greene King from the start of next year as its new chief financial officer.
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Handmade Burger secures funding package
Handmade Burger Company has secured a new £400,000 funding package from Lloyds to support plans to open four new sites
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VAT Club members 'would agree re-investment promise'
Jacques Borel says “most” of his VAT Club members would sign a contract with Government binding them to re-investing the proceeds from a tax cut
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Kained Holdings continues expansion
Kained Holdings, the Scotland-based operator, will open its fourth site in Glasgow next month and is already lining up a fifth project in the city
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H1 lfls up 9% at Be At One
Be At One has reported a 9% increase in like-for-like sales for the 26 weeks to 28 September and secured a further regional site in Oxford
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All Australian Wagamama sites closed
Wagamama, the UK-based Japanese restaurant, has closed its Australian branches as the franchisee has entered administration after one year SmartCompany reports
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CH&Co sees 18% sales growth
CH&Co, the caterer that acquired cafe chain Apostrophe outright in April this year, saw an 18% rise in turnover to £111m for the year to 31st March 2014
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Eclectic: group acquisitions a possibility
Eclectic, the listed bar group, would look at groups for acquisitions as it sees the potential for consolidation in the late-night market, chief executive Reuben Harley has told M&C Report
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Cook & Indi's to reach 10 sites in 2015
Cook and Indi’s World Buffet, the Glasgow-based all-you-can-eat concept will reach at least 10 sites in 2015, M&C Report has learnt
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Police object to JDW levy hours bid
Nottinghamshire Police has objected to an application from JD Wetherspoon (JDW) to reduce one of its pub’s hours to avoid paying a late-night levy, on the grounds of “crime and disorder, public safety and the prevention of public nuisance”
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Flat Iron to operate pop-up at Salt Yard site
Flat Iron, the ‘single steak’ dining concept, is to operate a pop-up at Salt Yard’s foruth venue Ember Yard in London’s Soho
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Financial watchdog to start Tesco investigation
The Financial Conduct Authority (FCA) is to undertake a “full investigation” into Tesco’s announcement last month that it had overstated its expected H1 profits by an estimated £250m
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Trio of awards for Living Ventures
Manchester-based Living Ventures, which runs the renowned Manchester House restaurant has scooped three awards at the Manchester Food and Drink Festival
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Delaware North opens coffee shop at airport attraction
Delaware North Companies UK, the travel and leisure food service operator, has opened a new coffee shop at Manchester Airport’s Runway Visitor Park
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New John Barras menu focuses on 'food challenges'
John Barras, the 20-strong pub brand from Spirit, has introduced food challenges as part of its new autumn menu
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New leisure scheme planned for Plymouth
British Land has signed an agreement with Plymouth city council to develop a £40m, 100,000sq ft leisure scheme
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Beer duty cuts 'created 16k jobs'
The Government’s decision to cut beer duty by 1p a pint for two consecutive Budgets created 16,000 jobs at very little cost to the Government, according to a new report.