All MCA Insight articles in September 2023 – Page 3
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News
Triple Two Coffee to enter administration
Parent company Cooks Coffee said the 11-strong cafe franchise has been adversely impacted by the current market environment
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News
Tattu has ‘exceptionally strong’ year
Premium restaurant operator Permanently Unique grew revenues by 76% to £26.8m in 2022 from five locations
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News
Flower Burger exits UK
The Milan-founded vegan burger brand, which had ambitions to open 40 sites in the UK, has closed its restaurants in Fitzrovia and Brighton
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Analysis & Insight
KPMG: Economic uncertainty delaying business investment
High interest rates, continued uncertainty and low productivity is expected to pile pressure on the UK economy in the second half of the year
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News
Inception Group turnover up 80%
The experiential bar operator posted sales of £22.7m in 2022, with headline trading holding up “very strongly”
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News
UK’s first drone takeaway service to launch next year
The Dublin-based company already delivers meals and groceries in Ireland via drone, and has now applied for a licence in the UK.
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Interviews
Market Place to go nationwide
Market Place will open three to four sites per year, with negotiations underway for its first sites in central London and Liverpool, MD Blake Henderson tells MCA
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News
Burger King raises concerns over energy suppliers
A number of food and drink businesses have expressed concerns over the behaviour of gas and electricity companies in submissions made to Ofgem.
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News
Fallow team reveals chicken shop concept
FOWL will be taking over a pub previously run by the Cubitt House Group, and is being described as a ‘chicken shop like no other’
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News
Brighton Pier Group maintains ‘cautious’ outlook
The bars and leisure operator reported revenue of £16.2m in its interim results, followed by weaker than expected summer trading
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News
Sport boosts sales for UK pubs despite weather
The Champions League delivered strong footfall and great sales for the on trade. with over 6.6 million pints served across the UK
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News
My food empire grew too big. I’m happier downsizing my business
Bruno Zoccola discusses the rise and fall of his Italian restaurant and deli business Valentina with The Times
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Analysis & Insight
From luxury brands to sausage rolls: Six growth stocks to watch
Gareth Roberts, of Gifford’s Managed Fund, explains why Greggs remains great value for money at a tough time for its consumers
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Analysis & Insight
UK recession risk deepens but consumers stay unfazed
Britain’s economy displayed clear recession signals, as the Bank of England called a halt to its long run of interest rate increases that have turned the tide on inflation, Reuters reports
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Analysis & Insight
Millennials and Gen Z are about to remake capitalism – but they need the Boomers
A $100 trillion legacy has the power to transform the way we live, The Telegraph reports
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Interviews
Thunderbird Fried Chicken: We will fight for our market share
The TriSpan-backed brand is keen to rival its larger competitors and will focus on central locations through a predominantly franchised model, CEO Paul Gilchrist tells MCA
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News
Patty & Bun CVA approved
A majority of 84.3% creditors voted in favour of the Company Voluntary Arrangement, with 15.6% against, after some modifications were made
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Interviews
Arkell’s maintains ‘steady growth’ strategy
Trading across the 95-strong pub estate has remained strong in recent years despite an unsteady consumer environment, says managing director George Arkell.
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News
Boxpark appoints chairman
Paul Thandi CBE, formerly CEO of NEC Group, joins as independent non-executive chairman
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News
Asahi: Climate change could create beer shortages
Analysis conducted by the Japanese beer company found that France’s spring barley harvest could decrease 18% by 2050, while Poland’s harvest would shrink 15%