All MCA Insight articles in October 2016 – Page 10
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News
Soho House sees FY revenue grow 24%
Soho House saw turnover grow 24% in the year to 3 January with EBITDA up 9% to £9.9m.
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NLW ‘to miss 2020 £9 target’
The National Living Wage (NLW) is likely to rise to around £7.50 an hour next year, 10p lower than expected in March because of the weaker outlook for pay in the wake of the Brexit vote, according to a new report by independent think-tank the Resolution Foundation. The new forecast ...
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D&D set to complete refinance
D&D London is set to complete a refinancing this week of its £25m revolving debt facility
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Piquet site secured by Fork & Blade
The site formerly housing Piquet, the Fitzrovia-based restaurant, has been secured by the Fork & Blade group
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Fuller’s adds to managed estate with Esher pub acquisition
Fuller’s has further strengthened its managed estate with the acquisition of the Albert Arms in Esher
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BrewDog and Tossed among ‘most innovative’ operators
BrewDog and Tossed have been named among the top 25 ‘most pioneering brands’.
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Living Ventures introduces Liverpool Chef Academy
Living Ventures in conjunction with The City of Liverpool College is introducing a Chef Academy
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Brakspear trials pizza offer for ninth managed site
Oxfordshire-based pub operator and brewer Brakspear is to open its ninth managed pub next month, with the transfer of the Retreat in Staines from its tenanted arm, MCA has learnt.
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Preston-Beer promoted to MD at Costa
Costa has promoted Clair Preston-Beer from chief operating officer to managing director, MENA & SEAI
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Pho successfully targets millennials with Snapchat campaign
Pho completes two-week Snapchat campaign to increase brand awareness amongst millennials
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Innis & Gunn plans eight Beer Kitchens in Scotland
David Hall, managing director of Innis & Gunn Retail, has told MCA he believes there is scope for eight of its Beer Kitchen bars in Scotland and strong potential in the rest of the UK and internationally.
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Epic opens fifth pub
Epic Pubs will today open its fifth site – the Knife & Cleaver in Houghton Conquest, Bedford – its second partnership with Charles Wells.
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Welcome Break appoints new CIO
Welcome Break, the roadside services operator, has appointed Harm van Weezel as its first chief information officer
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Meatcure go it alone after dropping crowdfunding bid
East Midlands burger group Meatcure pulled out of a crowdfunding round after being inundated with “silly questions” from would-be investors, MCA has learnt.
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Casa Brasil to grow to seven
Casual dining all you can eat Brazilian concept Casa Brasil is opening three new sites in the next six months, MCA has learnt.
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Giggling Squid moves to consolidate UK Thai restaurant market
Giggling Squid founder Andy Laurillard has spoken of his desire to consolidate the UK independent Thai restaurant market as the business announced a 55% boost in revenue.
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Star Pubs & Bars poll finds licensees positive about 2017
A poll of Star Pub & Bars licensees has shown two thirds feeling ‘very positive’ about their prospects for the year ahead.
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Sky Q1 lfls up 5%
Sky has reported revenues up 5% in the UK & Ireland in its first quarter, which it said was driven by June’s price rise and an extended range of services but offset by weakness in the UK television advertising market.
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Vianet ‘strengthens market position’ in H1
Vianet has said that its beer flow monitoring operations, including iDraught, have continued to strengthened their market position, as it updated the market on its half year performance.
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Booker non-tobacco lfls up 0.1% in H1
Booker Group saw like-for-like non tobacco sales rise slightly by 0.1% for the 24 weeks to 9 September.