All news articles – Page 798
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Sturbucks to pay $22m in UK corp tax
Starbucks will pay nearly $22m in UK corporation tax after a sharp rise in its taxable profit and turnover last year, The Times reports.
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Draft House completes Grand Union deal
The Draft House has completed the acquisition of the six-strong Grand Union Group business, for an undisclosed sum
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EiG admits value food offer is a challenge
Ei Group commercial director Paul Harbottle has said the company has considered a QSR model to make the most of the breadth of its estate.
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Restaurants ‘not tapping into events potential’
Brandon Stephens, the Tortilla founder and now the man behind events app REVL, has said the restaurant sector has yet to capitalise on the boom in the experiential economy.
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Stoke House reboots concept
Stoke House, Will Ricker’s contemporary carvery concept at Nova Victoria, has rebooted its menu and service style two months after opening.
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Second Hoppers confirmed for St Christopher's Place
JKS Restaurants, the Sethi famimly group, has confirmed it will open a second Hoppers in Marylebone, as flagged up by MCA March.
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Savills brings seven-strong prime portfolio to market
Savills has brought to market a seven-strong portfolio of prime licensed leisure investments in London on behalf of a private client.
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Scarpetta to double up
Scarpetta, the artisan pasta concept, is set to double its presence in the City of London, with an opening in Bishopsgate.
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Yau not involved in new Ichibuns concept
Alan Yau, the founder of Wagamama, Busaba Eathai and Hakkasan, has distanced himself from having any involvement in Ichibuns, the new Japanese burger concept, which is gearing up to open in London’s Soho.
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NewRiver gains control of four shopping centres
NewRiver, the UK REIT and owner of 350 pubs, has gained control over four shopping centres in Belfast, Glasgow, Hastings and Middlesbrough with a total gross asset value of £240m.
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Vianet in line with expectations
Vianet, the draught beer quality and data insight specialist, has said that its trading in the first two months of its current financial year was in line with expectations and its business areas are “progressing well”.
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Tech concept Kajahu to come to UK
Kajahu, a technology-led restaurant concept from Hungary, is planning to launch in London, with a target of 14 UK sites over the next five years, MCA has learnt.
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Swingers team set to open “Brewskee” concept
The Institute of Competitive Socialising, the group behind Swingers, the crazy golf, street food and bar concept, is set to launch a new site in Leadenhall Street in the City.
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Bean & Wheat to grow in tandem with The Frog
Adam Handling’s new waste-conscious café concept Bean & Wheat could be rolled out – but only if he has opened enough restaurants to feed it with offcuts, MCA has learnt.
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Greene King FY managed lfls up 1.5%
Greene King has reported a 1.5% increase in like-for-like sales across its managed division in the 52 weeks to 30 April 2017
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Leon to make roadside debut
Leon is to make its roadside debut this summer after signing a franchise deal with Roadchef
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Tommi's Burger Joint eyes 25-30 UK sites
Tommi’s Burger Joint, the Iceland founded better burger restaurant concept, plans to open 25-30 sites in the UK, with 60-70% in the greater London area and the rest in major cities, MCA has learnt.
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Brunning & Price takes former Jamie's site
Brunning & Price, The Restaurant Group-owned pub operator, has taken on the former Jamie’s Italian site in Cheltenham. The company has submitted plans to transform the grade II listed former County Court building in Regent Street, Gloucestershire Live reports. According to planning documents the group plans to convert the building ...
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El Mexicana lines up 5 new sites
El Mexicana, the fast-casual Mexican franchise restaurant group, has strengthened its pipeline with five new sites lined up, MCA has learnt.
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Industry champion Grogan delighted to back
The former chair of the All-Party Parliamentary Beer Group (APPBG) John Grogan MP will be taking an interest in beer and pub industry issues following his re-election after a seven-year break.