Finance – Page 134
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NewsLike-for-likes up 8% at Liberation Group
Liberation Group has posted an 8% increase in like-for-likes (lfls) sales for the past 10 weeks. The West Country and Channel Island pub company said trading across its 44 managed pubs had been “exceptional” over the period, as they benefitted from the warm weather and World Cup. The group’s 21 ...
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NewsBGF in Mission Mars talks
Business Growth Fund is believed to be in talks to invest in Mission Mars
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NewsSSP reports Q3 lfls up 2.7%
SSP Group has reported Q3 2018 results, with like-for-like sales growth of 2.7% across the group.
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NewsAnalysts Corner: Berenberg on Greene King
Analysts at Berenberg give their verdict on Greene King
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NewsMonty's Deli seeks £150k crowdfunding for market rollout
Monty’s Deli, the Jewish concept known for salt beef sandwiches, is seeking to raise £150,000 in crowdfunding to roll out new sites in food markets across London and the UK.
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NewsDeltic reports lfls up 4.9% in FY results
The Deltic Group has reported like-for-like growth of 4.9% for the full year to 24 February 2018.
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NewsGaucho pressed to pay outstanding tax bill
Gaucho has been pressed by HMRC to pay an outstanding tax bill more than £1m later today, it has been reported by Sky News.
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NewsC&C completes refinance of bank facilities
C&C Group has this morning announced the completion of the refinancing of its group bank facilities.
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NewsCWG secures £30m for new private members club
Canary Wharf Group (CWG) has secured a £30m development finance loan through Metro Bank to fund the construction of a brand-new private members club in the heart of Canary Wharf.
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NewsBluestone Lane plans UK launch after major investment
Bluestone Lane, the Australian-style, US-based coffee shop concept, has told MCA it plans to launch in the UK within two years after securing c£14.7m investment.
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NewsLfls up 5.2% at JDW
JD Wetherspoon has this morning reported a 5.2% increase in like-for-like sales for the 10 weeks to 8 July 2018
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NewsEiG ‘considering sale of commercial property arm’
Ei Group has appointed advisors to assess a potential sale of its commercial property division, according to reports.
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NewsYoung’s managed lfls up 5.2% in Q1
Young’s has reported like-for-like sales in its managed house arm up 5.2% in the first 13 weeks of the current financial year, with total sales for the division up 8.8%.
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NewsDaisy Green crowdfund aims to double estate
The Daisy Green Collection, the all-day restaurant, bar and coffee group, is over-funding by 190% in its £500,000 crowdfunding pitch to fund a planned doubling of its estate in the next four years.
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NewsAnalysts corner: Peel Hunt on Greene King
Leading analysts, Douglas Jack and Ivor Jones, have given their view on the current prospects for investment in Greene King, saying the company remains unloved, but not broken.
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NewsChop'd 'ready to grow' after consolidation
Chop’d investor director Simon French told MCA the brand is in a position to grow from a consolidated platform after closing two sites and a tough 2017.
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NewsThornbridge seeks £10m growth fund
Thornbridge Brewery is looking to raise £10m investment and has had conversations with both private equity and potential trade bidders, according to reports.
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NewseasyCoffee secures £10m investment
easyCoffee, the value coffee chain backed by the easyGroup, has received a £10m investment from Stellar Asset Management.
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NewsAdventure Bar confirms seventh site and new funding
Adventure Bar Group has confirmed the acquisition of the Electricity Showrooms in Hoxton from Barworks, after securing new funding from OakNorth, as first revealed by MCA last week.
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NewsAnalysts corner: JP Morgan on Greene King
JP Morgan says it believes that there was a greater need for improvement in the quality of Greene King’s Spirit estate than perhaps was realised at the time of its acquisition, and that it has weighed down on the combined group’s performance