All news articles – Page 1389
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News
Pub People hones in on expansion
Pub People Company, the Midlands-based multiple operator, is targeting more acquisitions with Downing following the purchase of three Marston’s pubs in the spring
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NewsPaul UK secures regional debut sites
Paul, the London-based French concept, has secured its first two regional sites for its new café and retail concept
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NewsSenor Ceviche eyes further permanent sites
Senor Ceviche, a Peruvian restaurant in London that has found success on the pop-up circuit, has confirmed it will open its first permanent residency and is looking to roll-out the concept to up to five sites
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News
Northumberland cafe group set for expansion
Little Angel Café, an Italian coffee shop just outside of Newcastle, is opening its second site and considering wider potential, M&C Report has learnt
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NewsRestrictive covenant announcement 'imminent'
The outcome of the consultation on restrictive covenants on pub sales will be published “in the coming weeks”, new community pubs minister Kris Hopkins has claimed
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NewsJust Eat to represent UK at European business awards
Just Eat, the online takeaway service, has been nominated as a National Champion representing the UK in the 2013/14 European Business Awards
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News
VAT Club says 15,000 venues will take part in Tax Equality Day
A total of 15,000 pubs and restaurants have pledged to take part in Tax Equality Day this month
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NewsCarter to become Loungers COO
Loungers has moved to further strengthen its management team with the recruitment of Justin Carter as its new chief operating officer.
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NewsJacobs named Giraffe MD
Andrew Jacobs, co-founder of Giraffe, has been named as managing director of the Tesco-owned restaurant operator, replacing Russel Joffe who announced his resignation along with his wife Juliette last month
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NewsElectra Partners agrees £91m Original Bowling Co acquisition
Private equity group Electra Partners has reached an agreement to buy The Original Bowling Company (TOBC), the UK’s largest ten-pin bowling operator that owns the Hollywood Bowl brand, in a deal valued at £91m
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News
Chapel Down announces fundraising drive
Chapel Down Group, the Kent-based winemaker and brewer chaired by former Scottish & Newcastle chief executive John Dunsmore, has announced plans to raise at least £1m via the Seedrs crowdfunding platform to expand its operations
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NewsLewis: Tesco needs to get back to its core values
Dave Lewis, the new chief executive of Tesco, has said that he wants to take the troubled retailers back to its core values
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NewsGov’t holds talks on future of Responsibility Deal
The Government has held talks with leading food industry representatives in a bid to revive the Responsibility Deal
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News
Many BCI shareholders will look to sell
British Country Inns (BCI) expects that “a large number” of its shareholders will look to sell up when its shares are placed on the on-line trading platform Asset Match, with a minority selling at a discount, chairman Martin Sherwood has told M&C Report
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NewsNetwork Rail reports strong growth for food operators
Like-for-like sales at ‘specialist’ food retailers Wasabi, Nampo, Mi Casa and Patisserie Valerie at stations operated by Network Rail increased by 18% in the three months to 30 June
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NewsLeisure Index continues to climb
The M&C20 showed modest gains this week, finishing up some 16 points at 1,219, outperforming the wider market, which finished up six points at 1,065
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NewsJohnson closing in on Herefordshire hotel
Luke Johnson, the serial sector investor, is in advanced talks to acquire Penyard House Hotel, near Ross-on-Wye, Herefordshire
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News
Batram: JDW feels margin pressure
A leading analyst has said JD Wetherspoon has failed to rebuild its margin in the second half of the year and looks unlikely to change
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NewsMcDonald’s UK FY turnover hits £1.5bn
McDonald’s Restaurants Limited, the UK arm of the fast food giant, saw turnover for 2013 grow 13.7% to reach £1.5bn in 2013, as pre-tax profits rose 21.1% to £244.9m
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NewsMiller Brands maintains strong performance
Miller Brands UK, the supplier of premium beer brands Peroni and Pilsner Urquell, has continued its strong performance in its current financial year after reporting growth in the year to 31 March, managing director Gary Haigh has told M&C Report