All Finance articles – Page 59
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News
PBT falls 21.5% at Molson Coors
International brewing brand Molson Coors reported a fall in underlying pre-tax profits by 21.5% in Europe to $68.1m (£43.92m) in its second quarter
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NewsFY lfls up 4.6% at Drake & Morgan
Drake & Morgan, the London-based bar and restaurant group backed by Bowmark Capital, saw turnover increase 20% to £24.6m in the year to 29 March 2015
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NewsPho secures new expansion fund, appoints new FD
Pho has secured just over £8m of new funding from NatWest, which should help the group grow to 30 sites over the next two to three years
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NewsFilmore & Union exceeds fundraising target
Independent café and deli group Filmore & Union has exceeded its fundraising target by £430k
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NewsTossed crowdfunding up to 50%, closes on City site
Tossed, the healthy food to go concept, has raised more than half of the £750,000 it is seeking through crowdfunding.
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Brakes eyes £2.5bn IPO
Brakes is the latest private equity-backed business to examine a stock market listing, which could see it valued at up to £2.5bn
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NewsPizza Hut EBITDA up 5% to £15.73m
Pizza Hut UK, the Rutland Capital backed restaurant group, has announced profits of £3.34m for the year to 30 November 2014 - up from £1.69m in 2013
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NewsHeartstone Inns secures £8m of new funding
Heartstone Inns has secured a new £8m refinancing deal with HSBC which provides the company with £5m of development finance
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NewsRosa’s to consider options
Rosa’s, the London-based Thai cafe concept, is set to review its future funding options near the end of this year
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NewsDeliveroo raises further £45m
Deliveroo, the online food delivery platform, has raised a further $70m (£45m) of new funding to accelerate expansion
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News
Half Full Beer co acquires Ilkley Brewery
Yorkshire brewery Half Full Beer Co has acquired Ilkley Brewery in West Yorkshire for an undisclosed sum
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NewsFunding platform for SMEs launched
The hospitality sector is one of the biggest users of alternative fundraising for operators looking to grow their businesses, according to the founders of newly launched online finance platform Fundbird
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NewsPizza Hut owner set to consider options
Rutland Partners, the private equity owner of Pizza Hut UK, will begin the process of considering its options for the chain later this year
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News
Square Pie hits 33% mark in crowdfunding push
Square Pie, the gourmet pie shop chain, has raised a third of its crowdfunding target in the first two weeks of its Crowdcube campaign.
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NewsBrewDog raises £7.3m in three months crowdfunding
Brewdog has raised £7.3m of a targeted £25m three months into its latest crowdfunding push.
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NewsFilmore & Union doubles crowdfunding pitch
Filmore & Union, the independent café and deli chain, has extended its crowdfunding pitch by 45 days and doubled its funding target
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News
Grind: overfunding; apps & ApplePay
Grind & Co, the London based independent coffee shop operator, is developing its own app having exceeded its crowdfunding target in 20 days
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NewsCosta franchisee set to double estate
A Costa franchisee couple has opened their 20th Costa coffee shop after receiving a £2m finance package from HSBC’s franchise unit
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News
Consumer spending on hospitality continues to rise
Consumer spending grew 14.8% in restaurants and 12.1% in pubs year-on-year, according to Barclaycard’s latest report
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News
Expiration date proposed for gift cards
The use of gift cards and prepaid cards are facing scrutiny as the government and watchdog groups in the UK are strengthening the protection offered to consumers