All Finance articles – Page 40
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Deltic reports lfls up 4.9% in FY results
The Deltic Group has reported like-for-like growth of 4.9% for the full year to 24 February 2018.
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Gaucho pressed to pay outstanding tax bill
Gaucho has been pressed by HMRC to pay an outstanding tax bill more than £1m later today, it has been reported by Sky News.
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C&C completes refinance of bank facilities
C&C Group has this morning announced the completion of the refinancing of its group bank facilities.
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CWG secures £30m for new private members club
Canary Wharf Group (CWG) has secured a £30m development finance loan through Metro Bank to fund the construction of a brand-new private members club in the heart of Canary Wharf.
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Bluestone Lane plans UK launch after major investment
Bluestone Lane, the Australian-style, US-based coffee shop concept, has told MCA it plans to launch in the UK within two years after securing c£14.7m investment.
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Daisy Green crowdfund aims to double estate
The Daisy Green Collection, the all-day restaurant, bar and coffee group, is over-funding by 190% in its £500,000 crowdfunding pitch to fund a planned doubling of its estate in the next four years.
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Chop'd 'ready to grow' after consolidation
Chop’d investor director Simon French told MCA the brand is in a position to grow from a consolidated platform after closing two sites and a tough 2017.
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Thornbridge seeks £10m growth fund
Thornbridge Brewery is looking to raise £10m investment and has had conversations with both private equity and potential trade bidders, according to reports.
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easyCoffee secures £10m investment
easyCoffee, the value coffee chain backed by the easyGroup, has received a £10m investment from Stellar Asset Management.
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Adventure Bar confirms seventh site and new funding
Adventure Bar Group has confirmed the acquisition of the Electricity Showrooms in Hoxton from Barworks, after securing new funding from OakNorth, as first revealed by MCA last week.
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CDG £30m refinancing package
Casual Dining Group, (CDG) the operator of Las Iguanas, Café Rouge and Bella Italia, has announced a new cash investment of £30m as part of a refinancing of the group.
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Flight Club set to secure new funding
Flight Club, the social darts concept, is set to secure new funding as it looks to further expand its core brand and launch a new concept called Electric Shuffle, MCA understands.
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F&B at Westfield London worth £105m
Sales in food and beverage at Westfield London have grown 88% since opening nearly 10 years ago, and now accounts for 10% of total revenue, a total of £105m each year.
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Pret sets pace as M&A activity hots up
The past month has arguably been the sector’s busiest for M&A activity in recent memory – and the most diverse.
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Flight Club sees turnover up 60% for 2017
Flight Club Darts has reported a turnover increase of more than 60% during the full year to 31 December 2017, from £4.6m in 2016, to £7.4m in 2017, in its latest accounts filed at Companies House.
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Notes eyes larger London estate and travel hub sector
Notes, the coffee shop and bar concept, plans to open three sites next year and five the year after off the back of a successful, still live crowdfunding campaign.
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Cashless payments to outstrip paper money by 2021
A new report has suggested that cashless payments will make up the majority of transactions by 2021.
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Usher meets Kickstarter challenge in just one hour
Gary Usher, the chef-restaurateur behind Sticky Walnut and Hispi, exceeded his £50,000 crowdfunding target for his new restaurant within an hour.
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Value of TGI Fridays UK drops
Electra Private Equity, the backer of TGI Fridays UK, has this morning reported it has experienced a £13m drop in the fair value of the Karen Forrester-led restaurant chain over the year to 31 March 2018.
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Britvic reports adjusted earnings up 6% for HY
Britvic has reported organic adjusted EBIT increased 6% to £80.5m, in a trading update this morning for the 28 weeks ended 15 April 2018.