All MCA Insight articles in October 2013 – Page 11
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Analysis & Insight
Anglian Country Inns PBT grows in 'excellent' year
Anglian Country Inns, the pub and restaurant group led by James Nye, saw pre-tax profits rise 166% to £244,575 in an “excellent” year to 31 March 2013.
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News
FY lfls up 5.3% AMT Coffee
AMT Coffee, the transport hub coffee provider owned by the McCallum-Toppin family, reported a 5.3% rise in like-for-like sales in the year to 24 December
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OpinionExile's over for Graham Turner
Dominic Walsh assesses the return to business of Graham Turner, the new executive chairman of Novus Leisure, and recent statements made by Gondola CEO Harvey Smyth
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NewsHutton Collins agrees to acquire Byron in £100m deal
The Gondola Group has agreed to sell its fast-growing Byron brand to private equity group Hutton Collins, for a consideration of £100m.
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to Spirit Pub Company’s full-year results on Tuesday 22 October, forecasting 1% like-for-like sales growth in the managed estate and 0.5% like-for-like net income growth in its leased pubs
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InterviewsFriday five-minute interview
M&C Report talks to Stephen Goodyear, chief executive of London-based pub group Young’s, about his best investment, his best business decision and the best piece of advice he’s ever received
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Analysis & Insight
Eating out market 'a battleground'
The UK eating out industry now resembles a “battleground” as the pub sector in particular makes further inroads into food as it looks to generate £1bn in extra sales to counter declining drink volumes, according to a leading food service analyst
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NewsPing Pong enters UAE franchise agreement
Ping Pong has entered into a franchise agreement, which will see it further expand in the United Arab Emirates (UAE), with eight restaurants planned to open over the next eight years
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News
Labour 'would add regulations on healthy food'
Operators can expect new regulations forcing them to serve healthier meals if Labour gets to power, according to Association of Licensed Multiple Retailers (ALMR) strategic affairs director Kate Nicholls
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News
Premises licence fees 'could rise 10-fold'
Operators should prepare for 10-fold increases in premises licence fees, a leading sector lobbyist has warned
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News
Pieminister plans pub tie in
Pieminister plans to recruit up to 100 wet-led pubs UK-wide to sell an exclusive Pieminister menu
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News
Iberica secures Victoria site
Iberica Food & Culture is understood to have secured a site in London’s Victoria, as part of the Land Securities redevelopment of the area
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News
Wage growth outstrips inflation
Wage growth in the hospitality sector has outstripped inflation in each of the last three months on record, according to the latest research from the Association of Licensed Multiple Retailers (ALMR)
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News
Greencliffe Taverns up to three
Greencliffe Taverns, the Yorkshire-based pub group led by Chris and Nick Green, haa opened its third pub, the Brownlee Arms in Horsforth, Leeds
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News
Creperaffaire makes international debut
Crepeaffaire, the all-day snack concept, will open its first overseas site this weekend in Hamburg, Germany, as part of plans to roll out the concept under franchise across parts of Europe
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NewsLoungers builds pipeline
Loungers the Piper-backed cafe bar operator, is likely to reach 90 sites by 2017, ahead of an earlier target of 70 by that date, as it reveals details of the next handful of acquisitions, including further sites in Brighton
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News
Soho House UK FY turnover climbs 2.2%
Soho House has reported a 2.2% rise in turnover to £65.3m for the year to 30 December 2012 across its UK operations and stated its ambition to open further sites under its Little House format
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NewsM&C20 'posts' and increase in Royal Mail bonanza week
The M&C20 index enjoyed a bounce this week after four consecutive weeks of decline, rising 2.9% to end on 1,152
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News
French: Costa reaching saturation in UK
A leading analyst has said that he believes Costa is approaching saturation in the UK whilst the international business is being deprived of the investment needed to capitalise on the growth opportunity
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News
Turtle Bay grows pipeline
Turtle Bay, the six-strong Caribbean restaurant chain led by Aj Jaya-Wickrema, is believed to be close to securing three new sites as part of plans to open five new units during 2014