All Finance articles – Page 62
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News
Flavourly closes oversubscribed funding campaign
Flavourly has closed its campaign on Crowdcube having raised £515,000 through the crowdfunding platform
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NewsM&C20 dips following stellar week
In what was a relatively quiet week for listed leisure companies, the M&C20 underperformed the market, falling 1.5%, while the All-Share Index was up 0.5% as the wider market rose on oil price moves and geopolitics
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NewsEconomic recovery not hitting pubs
With the UK’s economy enjoying consecutive growth and spending rises in the restaurant and hotel sectors coupled with an increase in disposable household income, leading analyst Jamie Rollo at Morgan Stanley muses why pubs have not felt the benefit of this improved climate.
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NewsWrap It Up! confirms Adobo deal; achieves funding target
Wrap it Up! has confirmed it has acquired the three-strong Mexican burrito chain Adobo for an undisclosed cash sum
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NewsBouyant performance across leisure sector
The M&C20 marginally underperformed the All-Share this week rising 3.0% (to 1,378 points) versus the All-Share’s 3.2% rise (to 1,107 points). The wider market saw a strong performance in oil and mining stocks as the All Share ended the week above 7,000 points once again
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Crowdcube says £24m invested in Q1
A total of £24m was invested through crowdfunding site Crowdcube in the first three months of 2015.
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Camden Town reduces valuation after securing investment
Camden Town Brewery has reduced its valuation on Crowdcube by £25m after securing investment from a “small group of investors”.
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NewsFulham Shore leads M&C20 risers
The M&C20 outperformed the market this week, rising 0.1% (1,338 points) against the All-Share’s 0.7% decline (to 1,073 points) as investors favoured domestic stocks in fear of an international slowdown
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NewsDowning secures £6m for Oakman JV
Downing’s investment in the licensed sector has risen to c£70m as it secured a further £6m for its partnership with Oakman Inns.
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NewsTLG secures £10m expansion fund
Thai Leisure Group (TLG), operator of the Chaophraya and Thaikhun brands, has secured £10m of new funding from Santander to aid its expansion plans
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News
Fulham Shore shares rise after Franco Manca deal
Fulham Shore, the Real Greek operator, has seen its share price rise 7.5% after announcing a conditional agreement to acquire the 10-strong Franco Manca chain for c£27.5m.
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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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News
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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News
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.