All Finance articles – Page 30
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News
Black Sheep Coffee lfls up 22.6% in 2019
Black Sheep Coffee, the 23-strong speciality coffee shop operator, has reported like for like sales growth across the estate of 22.6% in 2019, MCA can reveal.
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NewsLoungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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Solo Coffee secures £200k investment
Solo Coffee, a cold brew start-up, has secured £200,000 in investment for an 18% stake in the business.
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Compassco secures £1.1m HSBC support to expand
Compassco, a McDonald’s franchise business in Hertfordshire, has opened a fourth site after a £1.1m funding package from HSBC.
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Morso launches crowdfund
Morso, the St John’s Wood pasta and grappa bar, has launched a £250,000 Crowdcube campaign to fund two new sites.
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Whitbread to cut head office
Whitbread is expected to cut more than 100 head-office jobs as a result of its sale of Costa Coffee to the Coca-Cola Company for £3.9 billion – though none of the executive committee is thought to be affected.
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NewsTasty aims for £3.25m raise through firm placing
Tasty, the Wildwood operator, has announced a conditional firm placing and open offer to raise up to £3.25m in funding, in order to pay down debt and for use as general working capital.
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Hollywood Bowl HY lfls up 4.4%
Hollywood Bowl has announced revenue growth of 5.3% and like-for-like revenue growth of 4.4%.for the six months ended 31 March 2019.
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Goodlife Projects liquidated
Goodlife Projects, the brand, marketing and consultancy business which launched Rum Kitchen, Passo and Foley’s, has gone into liquidation, MCA has learnt.
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News‘The pack is running faster’
As City Pub Group unveils its trial of paying weekly bonuses to all staff, James Wallin talks to joint managing directors Rupert Clark and Alex Derrick about adapting the approach to pay and incentives for a new generation of workers.
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NewsBrewDog launches new £50m crowdfund
BrewDog has launched another of its Equity for Punks crowdfunding campaigns – with a £7m target and a stretch goal of £50m.
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Impossible Foods seeks fresh investment
Impossible Foods, the US imitation meat company, is looking to raise fresh funding to increase its production capacity, after striking a distribution deal with fast-food chain Burger King.
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Bruce Group on target for three-fold revenue increase
Bruce Group Scotland has claimed it is on course to achieve a three-fold increase in revenues in three years, from £3.4m in 2016, to £12m in the current financial year.
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Deliverect secures £2.3m to expand in the UK
Deliverect, a Dutch start-up that simplifies the online delivery process for restaurants, has received €3m (£2.3m) in funding from Newion Investments and Smartfin to expand in the UK.
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NewsEx-Merrill Lynch exec backs healthy eating concept
Former Merrill Lynch director Osman Semerci has backed healthy food shop and restaurant Little Farm.
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NewsAprirose acquires 45 Spirit pubs
Aprirose, the real estate investment company, has acquired a 45-strong Spirit Pub Company branded portfolio from British Land for c£130m.
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NewsFourpure owner Lion acquires Magic Rock
Australian-headquartered food and beverage company Lion has acquired 100% of UK craft brewer Magic Rock Brewing Company.
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NewsCat’s Pyjamas administrators contradict founder's rescue claims
Administrators for The Cat’s Pyjamas have contradicted claims by owner Alison White that a buyer has been found for the business. Lewis Business Recovery said no buyer had been found and that rescuers are still being sought to prevent the business being wound up completely – contrary to a statement ...
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NewsAdministrators investigating affairs of Authentic Alehouses
The administrators of Authentic Alehouses, the Crowdstacker-backed pub group, have told MCA three pubs have shut while four continue to trade under license.
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NewsKettlebell Kitchen acquired out of liquidation
Kettlebell Kitchen, the fitness food concept which went into liquidation, has been acquired by a new company, MCA understands.