All news articles – Page 1595
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News
City Pub Co FY turnover to reach £7m; reveals acquisition targets
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, expects turnover to reach £7m in 2013 and is targeting seven acquisitions under its forthcoming £10m fundraising drive, co-founder Clive Watson has told M&C Report
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Orange Leaf eyes UK debut
Orange Leaf, the fast-growing, US-based frozen yoghurt operator that runs more than 300 sites in America, is looking to launch in the UK, a company spokesman has told M&C Report
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NewsEnterprise tells Government it will cap drink price rises
Enterprise Inns has made a pledge to the Department of Business Innovation & Skills (BIS) that it will implement a cap on tied price rises
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Evan Evans to set up new pub vehicles
Evan Evans, the South Wales brewer and pub operator, is to set up three separate companies as vehicles for future pub acquisitions, M&C Report has learnt
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GBK swings into profit
Gourmet Burger Kitchen (GBK) reported a pre-tax profit of £160k for the year to 24 February 2013, against a £685k loss the previous 12 months and said that this positive momentum had continued into its current financial year
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Marston's plans to license Fastcask
Marston’s Beer Company managing director Richard Westwood has confirmed that the company is in discussions with rival brewers to license its Fastcask technology, the Publican’s Morning Advertiser, M&C Report’s sister title, can reveal
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Honky Tonk concept eyes rollout
Supperclub London founder Mark Cutler is eyeing a rollout across London for his American-inspired restaurant and bar concept, Honky Tonky, after the success of the brand’s first two openings
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Good Q3 lifts Carlsberg in UK
Carlsberg has reported that the UK market fell c1% in the nine months top 30 September, although it was “positively impacted by favourable weather” in Q3
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Rex Restaurants to open Marylebone restaurant
Rex Restaurants, the Graphite Capital-backed group led by entrepreneurs Chris Corbin and Jeremy King, is to open its latest venture next spring in Marylebone
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MASH team to open new concept
Modern American Steak House (MASH), the Danish restaurant company, is to open a new American-themed steakhouse Japanese kitchen fusion concept called Steax and the City later this month
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Koppaberg and Monster join VAT Club
VAT Club Jacques Borel has recruited two further drinks brands to its campaign for a reduction on the level of VAT in the hospitality sector, Koppaberg and Monster
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Pivovar builds pipeline
Pivovar, the craft beer pub operator and beer importer, has revealed the next stage of its growth to M&C Report, with planned openings in Harrogate, Nottingham and Birmingham following a launch at the Trinity Centre in Leeds
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Koba founder to launch On The Bab
The founder of Fitzrovia restaurants Koba and Nizuni is set to open On The Bab – a new Korean concept based in East London
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TGI’s receives ‘perfect’ hygiene rating
TGI Friday’s, the Karen Forrester-led chain, has become the first restaurant chain in the UK to receive a ‘perfect’ rating of five in the National Food Hygiene Ratings Scheme across all of its 60 UK-based restaurants
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NewsCosta to launch in Morocco
Costa Coffee has announced plans to open its first store in Morocco, in partnership with Fawaz A. Alhokair & Co
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NewsHarry Ramsden's signs Welcome Break deal
A new partnership to open branches of Harry Ramsden’s, the iconic fish & chip shop chain, on Welcome Break services has been confirmed, with Sheffield and Oxford the first locations
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NewsEd’s agrees new £4.5m banking facility
Ed’s Easy Diner has secured its first ever extended bank funding in the form of a £4.5m facility with RBS, which will aid its continued rollout across the UK
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NewsEnterprise FY lfl net income 'to fall c3%'
Leading analyst Douglas Jack has predicts that Enterprise Inns will report a c3% fall in like-for-like net income at its full-year results on Tuesday, and predicted its shares are “likely to have a flat year” in 2014 if like-for-like net income growth does not occur
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Jack predicts Fuller's H1 PBT of £18m
Leading analyst Douglas Jack has forecast that Fuller’s will report a pre-tax profit of £18m in H1, up from £17.1m in the first half of 2012
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GBK launches new brand identity
Gourmet Burger Kitchen (GBK) has launch a new brand identity, which it plans to roll out across its 59-strong estate next year, as part of the first full brand development exercise since the chain was founded in 2001