All news articles – Page 1645
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News
Wear Inns eyes larger sites
Wear Inns, the 26-strong northern pub operator, is “back on the acquisitions trail” and is looking to buy larger premises, managing director John Weir has told M&C Report
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High street report urges business levy
A new report into the future of high streets has called for a one-off levy for businesses, and for the Government to reintroduce the 2015 business rates revaluation
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MasterChef finalist to aid Young’s pub relaunch
MasterChef finalist Tom Whitaker is to become head chef at Young’s White Hart pub in Barnes as part of an extensive refurbishment of the business
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Osmond eyes 'triple-A' investment opportunities
Hugh Osmond, the high-profile investor, has told M&C Report he’d invest “as much as it takes” to grow a small number of “triple-A” leisure operators into national brands
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Newcastle introduces minimum price condition
Newcastle City Council has introduced a minimum unit price condition for all new licences and applications for licence variation across the on and off-trade
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Sector VAT cut 'would cost up to £12bn'
Cutting VAT to 5% for the sector would cost the Exchequer between £11bn and £12bn per year in lost revenue, according to Government estimates
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Spirit introduces new Fayre & Square menu
Spirit Pub Company has launched a new autumn menu across its 157-strong Fayre & Square brand, which features new deals across its food and drink range
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Real China and GK lined up for Cramlington
Greene King and The Real China, the Chinese buffet chain, are lined up to open sites in Cramlington, Northumberland
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Fund launched to help SMEs become more energy efficient
ReEnergise Finance has launched a commercial finance vehicle aimed solely at providing funding solutions for SME businesses in regards to helping them become more energy efficient
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Snowflake to launch in Soho
Snowflake, the luxury gelato brand, is to make its debut in London’s West End with an opening in Soho later this month
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Japan Centre to open new flagship site
Japan Centre, the London-based restaurant operator and retailer, is to relocate its flagship site from Regent Street to Piccadilly
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Services sector growth continues
Business activity in the services sector grew in August at the sharpest pace since December 2006, according to the latest Services Index from Markit/CIPS
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Loungers reports 7.9% rise in sales
Loungers, the Piper-backed group led by Alex Reilley, has reported a 7.9% increase in like-for-like sales for the first four months of its new financial year (1 May – 31 August), with total net sales for the same period up 62.5% to £10.15m
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TCR London reports turnover of £7.2m
TCR London, the company set up to acquire the former assets of Town Centre Restaurants for £3.7m, last June, has reported turnover of £7.2m for its first seven months of trading to 3 February 2013, with EBITDA of £500k
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Burns: TRG has new 137 sites under consideration
A leading analyst has said that The Restaurant Group (TRG) management has never been more confident on its new site pipeline and has 137 sites under consideration for 2014-15E
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BurgerFuel eyes UK launch
BurgerFuel, the New Zealand-based gourmet burger concept, is among the latest overseas better burger operator to examine plans to launch in the UK, M&C Report has learnt
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Carluccio’s to make Abu Dhabi debut
Carluccio’s, the all-day Italian café chain led by Simon Kossoff, is set to make its debut in Abu Dhabi before the end of the year
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Jack and French reiterate Hold for Greene King
Leading analysts Douglas Jack and Simon French have reiterated their Hold recommendations for Greene King following its Q1 interim management statement yesterday
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Pernod Ricard to focus on UK on-trade
The boss of Pernod Ricard UK (PRUK) has said the company will be concentrating its efforts on the UK on-trade over the next 18-months to two years