All Finance articles – Page 60
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NewsFulham Shore agrees to acquire Franco Manca
Fulham Shore has conditionally agreed to acquire the 10-strong Franco Manca chain for c£27.5m
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NewsMoto completes refinancing
Moto Hospitality, the motorway service area operator, has completed a refinancing deal.
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NewsEclectic plummets as M&C20 declines
The M&C20 was down 2.6% last week underperforming the All-Share which was down 1.3% as domestic sectors once again underperformed the wider market. The All-Share was held up by gains in oil and mining stocks on the back of rises in the oil price, though this didn’t prove enough to offset what has been a week of decline for most major stock markets
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NewsPizza Rossa eyeing smaller format stores
Pizza Rossa, the artisanal pizza by the slice concept from Corrado Accardi, is close to securing a site in a retail complex in east London as part of plans to introduce the concept to smaller sites, M&C Report has learnt.
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Pull'd breaks through funding target
Australian-inspired slow cooked meat concept Pull’d has exceeded its fundraising target through crowdfunding platform Crowdcube after launching its bid three weeks ago
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Wrap it Up! to launch crowdfunding campaign
Wrap it Up! the gourmet wrap concept is launching a crowdfunding campaign via Crowdcube to raise £400,000 to enable its expansion plans including the centralised production kitchen that will have the capacity to serve up to 100 stores
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Crowdcube launches Sprint for start-up businesses
Crowd funding platform Crowdcube has launched a vehicle specifically for start-up businesses to raise finance
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NewsWider market outperforming leisure sector
The M&C20 (+0.5%) underperformed a surging All-Share last week. The latter was up by 2.8% driven, in large part, by a rebound in oil stocks, global mining company shares listed in London and a number of international mega-caps such as Standard Chartered bank.
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NewsOsborne cuts duty on beer, cider and spirits
In a widely anticipated move in the last budget of the Parliament, Chancellor of the Exchequer George Osborne cut beer duty for a record third time.
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NewsWage increase planned by 60% of sector firms
A new poll has revealed 60% of businesses in the hospitality and leisure sector are planning to increase wages and 49% intend to boost staff levels.
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Downing confirms £3.8m profit from sale of Antic pubs
Downing has confirmed its generated a profit of £3.8m for its Venture Capital Trusts through the sale of investments in four Antic London properties.
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Minimum wage to increase by 3% to £6.70
The national minimum wage will increase by 20p an hour to £6.70 from October, the Government has announced.
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NewsPrezzo plans sale & leaseback
Prezzo, the TPG Capital-owned restaurant group, is set bring a package of freehold sites on to the market as part of sale and leaseback proces
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NewsM&C20 storming ahead of All Share index
The M&C20 outperformed a falling market this week, losing 1.4% versus the All-Share which was down 2.4%. Since the M&C20’s inception in May 2013 the index has outperformed the wider market by around 30%
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Cap on card charges could lead to £500m saving
New payments legislation announced by the EU this week, will cut credit and debit card charges for operators, resulting in a boom for the sector
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Eagle Eye looks to raise £4m
Eagle Eye, the digital loyalty company for the retail and hospitality sectors, is raising £4m through a share placing
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Camden Town Brewery breaks through crowdfunding target
Camden Town Brewery has broken through its crowdfunding target of £1.5m with 31 days of its funding round still to go.
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Signature Brew passes crowdfunding target
Signature Brew, the London-based music-themed brewery, has passed its crowdfunding target as it looks to raise funds to expand its brewing capacity
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Change in legislation reduces business rate refund claim period
Businesses have only three weeks to claim business rates refunds for commercial properties backdated to April 2010 due to recent legislative changes
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Pull'd prepares for growth
Australian-inspired slow cooked meat concept Pull’d has raised £12k of its funding target through Crowdcube to invest in marketing to raise its profile ahead of rolling the concept out across London