All MCA Insight articles in September 2016 – Page 14
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News
VAT campaigner says Brexit ‘has changed everything’
The lobbyist brought in to front the campaign to cut VAT for pubs and restaurants has told MCA Brexit has “emboldened” supporters and expects “significant progress” within the next year.
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News
Pret begins expansion of “Evenings” format
Pret A Manger, the Bridgepoint-backed group, has begun the rollout of its “Evenings” format to a select number of sites in central London
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Analysis & Insight
Indian restaurants numbers fall 4.2% in last year
The number of Indian restaurants in the UK fell by 4.2% in the year to June, while the number of Chinese eating establishments dropped 5.4%, accorrding to new figures.
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News
Las Iguanas enters concessions sector
Casual Dining Group (CDG) is bringing Las Iguanas and Bella Italia to Center Parcs holiday villages
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News
Rowe steps down as Park Chinois CEO
Simon Rowe, the former finance director of Be At One and Paramount Restaurants, has been stepped down as interim chief executive of Park Chinois
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News
Cure + Cut opens Seven Dials site
Delicatessen Cure + Cut has opened its 800 sq ft site at 36 Monmouth Street, Seven Dials
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News
Hakkasan to launch two sites in Bali
Hakkasan Group has announced its next phase of expansion into South East Asia, with a dual opening in Bali.
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News
Peach Pubs on track for milestone
Peach Pubs is “within reach” of its medium term goal of growing to 22 sites and expects to open another one or two this year.
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News
Good Pub Guide 2017 winners
The Horse Guards Inn in Tillington, West Sussex, has been named the Good Pub Guide Pub of the Year 2017.
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News
Cheese Truck secures first site
The Cheese Truck and other popular street food ventures will get their first permanent home at the newly renovated Deptford Market Yard
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News
Caledonia completes Liberation acquisition
Caledonia Investments has completed its £118m acquisition Channel Islands-based brewer and pub operator, the Liberation Group.
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News
Ed’s enters partnership with SSP
Ed’s Easy Diner has signed a franchise deal with SSP with plans to open 11 sites in transports hubs and visitor attractions by the summer of 2020
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News
Koh Thai secures La Vina site
Koh Group, operator of the Koh Thai Tapas and Koh Noi concepts, has announced it has secured a site for the former format in Lymington
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News
Richoux Group sales up 5.7% but EBITDA falls
The Richoux Group, the operator of the eponymous brand, Dean’s Diner and Villagio has reported a 5.7% rise in revenue for the 28 weeks to 10 July to £7m, but a fall in EBITDA as it warned of difficult trading conditions.
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News
Kings Park takes stake in 7Bone Burger Co
Kings Park Capital, the private equity backer of Abokado and Fuel Juice Bars, is to back the expansion of 7Bone Burger Co
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Analysis & Insight
Number of UK licensed premises falls 0.9% in year to June
The number of licensed premises in the UK fell 0.9% in the 12 months to June but managed restaurant groups continued to buck the trend, with site numbers up 5.6% year-on-year.
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News
Adjusted H1 EBITDA up 9.2% at Comptoir
Comptoir Group, the operators of Comptoir Libanais, has reported a 9.2% rise in adjusted EBITDA to £1m for the six months to 30 June
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News
JDW sees sales rise 4.1% year to date
JD Wetherspoon has seen sales growth of 4.1% in its current financial year, from 24 July, and has predicted a “slightly improved trading outcome this year”.
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News
Greene King managed lfls up 1.7%
Greene King has this morning reported a 1.7% increase in like-for-like sales across its managed estate in the 18 weeks to 4 September
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News
Pret appoints new UK MD
Pret A Manger, the Bridgepoint-backed group, has appointed Pano Christou as its new managing director for the UK