All Finance articles – Page 58
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NewsGaucho set to assess options
Gaucho is believed to have appointed advisers to assess its options, which could lead to a sale of the business
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City Pantry raises £300k for growth
Online catering platform City Pantry has announced that it has raised £300,000 in a seed fund round led by TrueStart.
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NewsSchultz: Starbucks did the right thing on tax
Howard Schultz has said that people “shouldn’t believe everything you read in a newspaper” over the tax scandal that hit Starbucks
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‘Pub for tea’ concept launches crowdfunding drive
A concept backed by the co-founder of Franco Manca to create a chain of “pubs for tea” has launched a Crowdcube fundraising drive.
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Innis & Gunn raises £2m through beer bond
Innis & Gunn has raised £2m of a target £3m through its BeerBond, with one in 10 investors choosing to take their return in the form of beer
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NewsCabana eyes £5m fundraising
Cabana has begun its latest fundraising round as it looks to strengthen its openings pipeline
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NewsProfit taking hits M&C20 after buoyant weeks
The M&C20 outperformed the All Share index this week, down 0.7% against the All Share’s 2.6% drop
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NewsFY EBITDA up 50% at Loungers
Loungers, the Bristol-based cafe/bar group, is forecasting run-rate turnover for its current financial year to rise to £78.8m
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Cake restaurant payment app launches crowdfunding drive
London-based restaurant payments app Cake has launched a Crowdcube campaign to raise £800,000 towards its expansion
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NewsGrexit overhangs M&C20
In what was a half term week of fairly low volumes in the stock markets, the M&C20 outperformed the All-Share Index, rising 0.3% while the wider market fell 0.2%
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BrewDog offers rewards for investor referrals
Scottish brewer and bar operator BrewDog is offering a series of rewards as part of its Equity for Punks referral scheme.
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NewsWarm weather supports pub share prices
The M&C20 was down 0.3% this week, underperforming a 0.7% rise in the All-Share Index, as profit taking of SSP Group’s shares held the M&C’s index back, while the minutes suggesting a rate rise may be delayed from the last BoE interest rate meeting supported the wider market
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NewsIndustry leaders back Red’s next stage of growth
Fast-growing smokehouse concept Red’s True Barbecue has secured £5m of new investment from a group of leading industry players
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NewsSSP reports 3% H1 sales growth
SSP has reported like for like sales growth of 3% across its travel concession brands demonstrating a “good financial performance” for the first six months since it floated on the stock market
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Crowdfunding becoming “a loyalty card on steroids”
Bonds are becoming an increasingly important method of attracting attention in an ever-more competitive crowdfunding market, according to Crowdcube.
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Wrap It Up! completes crowdfunding campaign
Wrap it Up!, the gourmet wrap concept led by Tayub Mushtaq, has completed its crowdfunding campaign
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NewsBig week for pubcos boost M&C20
The M&C20 had a very strong week last week, and has again outperformed the wider market this week rising 0.7% against a 0.3% drop in the FTSE all-share, Will Brumby of Langton Capital writes.
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NewsJack: TRG 2015 lfls to top 3%
Leading analyst Doug Jack at Numis predicts FY like-for-like sales to rise 3% at The Restaurant Group as customer cash flow improves following its solid trading update
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Warm April boosts pub spending 8%
Discretionary spending in the leisure sector was a key driving force for growth in April with spend on eating out and cinema visits up 7.3% year on year, according to the latest consumer spending report from Barclaycard
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NewsTRG: positive start to 2015 as momentum continues to build
The Restaurant Group (TRG) reports total sales up 8.5% year on year for the 19 week period to 10 May 2015 and like-for-like sales ahead by 2% and anticipates momentum to continue building