All Finance articles – Page 55
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News
Westons reports best year to date
Westons Cider has reported its best year to date with growth driven by its premium draught brands as well as launching its mulled cider into the off-trade
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NewsLV to invest c£7m in Birmingham
Living Ventures is to invest c£7m over the next few years launching a number of the brands it has developed in Birmingham
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News
Gordon Ramsay Group reports FY lfls up 4.2%
Gordon Ramsay Group has reported like-for-like sales in its UK restaurants up 4.2% for the year to 31 August
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NewsStonegate plans TCG parcel sale and leaseback
Stonegate has placed a four-strong package of central London-based freehold sites on to the market as part of sale and leaseback process
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NewsBrewDog reaches £10m crowdfunding milestone
BrewDog has broken the world record for the biggest equity crowdfunding raise, attracting £10m in the latest round of fundraising for Equity for Punks.
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News
Moody’s affirms Stonegate rating after TCG deal
Moody’s has said that Stonegate’s deal for TCG is being financed with a £80m tap of its senior secured fixed rate notes due 2019, as well as sale-leaseback proceeds
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NewsOliver to take self-funded route with restaurants
Jamie Oliver has decided not to sell a stake in his restaurant business but continue its expansion through a self-funded model
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NewsCubitt House assesses options
Cubitt House, the London-based group led by Stefan Turnbull, has appointed advisors to assesses its options, which could lead to a sale of the business
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News
Vagabond assesses funding options
Vagabond is assessing its future funding options to aid further expansion, after becoming one of the first operators to sign up open at the new Battersea Power Station development
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NewsSquare Pie lowers fundraising target
Square Pie has lowered the minimum investment for its mini bond to £450k but founder Martin Dewey told M&C he is confident of reaching the original target of £750k
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News
Fuel reports record profits
Fuel Juice Bars, the Kings Park Capital-backed smoothie and juice concept, has reported like for like sales growth of 10% for the in 2015 as it ramps up expansion to 30 sites by the end of the year
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NewsPolpo set for next stage of growth
Polpo is set for its next stage of growth after securing new bank funding and its first regional site in Brighton
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NewsAB InBev to bid for SABMiller
Anheuser-Busch InBev has informed SABMiller it intends to make a proposal to acquire the latter brewing brand in a deal that would make a joint market cap of £162bn
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NewsHarry Ramsden's accelerating store growth following strong 2014
Joe Teixeira, chief executive of Harry Ramsden’s has told M&C the fish & chip chain is accelerating its store growth for 2016 and anticipates opening 10 -15 corporate units and a further 12 under franchise
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NewsCraft Beer Co reports record turnover
Craft beer bar operator Craft Beer Co has reported an uplift of 22% in its turnover across its six bars as it prepares to make its debut in the City
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NewsBe at One strengthens pipeline; lfls up 6%
Be At One, the Piper-backed cocktail bar chain, has secured new openings in Camden and Sheffield, as it saw like-for-like sales in the first half of its current financial year increase 6%
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News
Food sales leading Wear growth
Wear Inns, the northeast pub operator, is expanding its estate using cash and existing banking facilities after a strong financial year that saw food and drink sales up following estate-wide refurbishments
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NewsSom saa exceeds crowdfunding target in four days
Som saa, the Thai restaurant seeking its first site through crowdfunding, has exceeded its pitch target in just four days
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NewsCity Pub Co turnover up 42%
City Pub Co has increased its turnover by 42% to £9m, up from £6.35m in 2014, for the six months to 30 June 2015 as it presses on with its growing London and regional estate
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NewsCosta total worldwide sales up 16.7%
Costa outperformed other Whitbread brands, with total worldwide sales up 16.7% for the period and UK like for like sales up by 4.6% for the 24 weeks to 13 August