All Finance articles
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News
Deliveroo reports accelerating order growth and strong start to 2025
Deliveroo has reported a strong Q1 2025 performance, with 7% year-on-year order growth and a 9% increase in gross transaction value
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News
Stonegate delivers £1.7bn revenue
The 4,370-strong pub company said sales were favourable compared to the prior year, demonstrating the “resilience of its high-quality pub portfolio”
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News
Big Mamma Group achieves £44m sales from five venues
The group’s London restaurants - Gloria, Circolo Popolare, Ave Mario, Jacuzzi, and Carlotta - all performed ahead of expectations, with new concept Barbarella to open this June
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News
Tim Hortons turnover surpasses £100m
The Canadian coffee and QSR chain achieved £105.4m turnover for its UK business in 2023, and plans to focus on driving profitability
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News
Puttshack and Topgolf founders to launch new venture
Poolhouse – the new competitive socialising concept from the Joliffe brothers – has secured $34m in funding from investors, with the first site to open near London Liverpool Street station later this year.
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News
Rate cuts could offer UK businesses relief from tariffs
Interest rate cuts could ease some pressure as UK businesses navigate new tariff challenges, according to AJ Bell
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News
Simmons younger customers hit by cost of living pressures
The bars group has reported resilient trading across its mostly London estate, with headwinds now showing “signs of softening” as trading picks up
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News
Yard Sale Pizza secures investment from Piper
The London neighbourhood pizza delivery brand plans to supercharge expansion in London and new cities across the UK, with a goal of reaching 40 shops over the next five years, MCA can reveal
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Weekend Press
Low-paid workers to bear the brunt of coming rise in UK labour costs
More than 100 Pizza Hut delivery drivers for Scotland’s biggest takeaway franchisee were called to an emergency meeting, writes the FT
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Interviews
Caravan: ‘This is all down to us now’
CEO Laura Harper-Hinton speaks to MCA following the restaurant group’s management buy-out, which she says has enabled the team to “refocus on what we’re up to”
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Analysis & Insight
Spring Budget: Warning over growing cost pressures amid lack of targeted support
Hospitality leaders have voiced concern following the Spring Budget, which did not include support for the sector despite calls for relief on business rates and employer NICs
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News
Fever-Tree reports FY24 growth with on-trade recovery
The mixer brand has reaffirmed its commitment to hospitality and on-trade partnerships as it posted improved performance in the UK
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News
Deliveroo achieves profit milestone
The delivery company achieved a full year of profit for the first time of £3m in 2024, compared to £32m loss in 2023
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News
Landmark Brighton venues acquired
Concorde 2 and Volks, which specialise in live music and late night events, have been acquired by independent music company All Things Considered
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News
Operators turn to promotions and tech to drive growth
Hospitality businesses are focusing on seasonal promotions, events, and special offers to maximise bookings and offset rising costs in 2025, according to ResDiary
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News
New recycling rules could cost pubs £60m a year
The BBPA has warned that new Extended Producer Responsibility rules will force pubs to pay twice for the recycling of glass bottles, adding £60m in extra costs
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News
Hospitality confidence falls to two-year low
Confidence has dropped to its lowest level since October 2022 as the sector braces for £3.4bn in additional annual costs from April, according to CGA by NIQ
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Analysis & Insight
M&A: Significant number of PE businesses looking to transact
Despite the Budget, Graeme Smith and Craig Rachel of AlixPartners see an improving picture as the consumer spending outlook improves, particularly in the critical younger demographic who benefit most from the increase in minimum wage
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News
PizzaExpress shareholders to provide £30m cash injection
Bain Capital Special Situations is preparing to inject millions of pounds to help secure a refinancing of the restaurant group’s debt, Sky News reports
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News
Indian QSR concept secures funding from Haldiram’s
Shree Krishna Vada Pav, which operates 18 sites across London, aims to reach 30 stores by the end of the year, with a projected turnover of £12m