Finance – Page 178
-
News
HMRC wins tax case in scheme used by GK
HMRC has defeated a tax avoidance scheme used by Greene King and marketed by EY (formerly Ernst & Young).
-
News
FY EBITDA up 7.2% at Itsu
Itsu, the Julian Metcalfe-founded brand, saw EBITDA for the 12 months to the end of 2015 increase 7.2% to £7.33m
-
News
SABMiller board recommends new AB InBev offer
The board of SABMiller has formally recommended AB InBev’s revised offer to buy the company, which values it at £79bn.
-
News
Analyst corner: Rollo on impact of Pokemon Go
Leading sector analyst Jamie Rollo at Morgan Stanley looks at the impact of the current Pokemon Go craze on the pub and restaurant market
-
Analysis & Insight
What does Brexit mean for M&A?
Two months after the EU referendum, there is much that remains unclear about the way forward in both politics and the economy, leaving businesses second-guessing. With buyers and investors likely to adopt a ‘wait and see’ attitude, GCA Altium’s Sam Fuller predicts a quiet couple of months ahead
-
News
City Pub Co secures new £20m funding facility
City Pub Company has secured a new and improved £20m banking facility to fund its expansion plans
-
News
AB InBev reports H1 sales volume growth in UK
AB InBev has reported sales volumes in mid-single digits growth in the UK for the first half of the current financial year, driven by sports activations.
-
News
Hammerson’s Grand Central acquisition cleared by CMA
The Competition and Markets Authority has cleared Hammerson’s £335m acquisition of Birmingham’s flagship Grand Central shopping centre.
-
News
Compass reports slowing organic growth
Concessions operator and contract caterer Compass has reported slowing organic growth in its third quarter up 5.2%
-
News
Cineworld acquires five-strong Empire package
Cineworld has confirmed the acquisition of five cinemas from Cinema Holdings Limited,
-
News
Intu H1 rental lfl income up 7.5%
Shopping centre landlord Intu has reported like-for-like net rental income increased by 7.5% in the six months to the end of June
-
News
Diageo grows FY sales in Europe
Diageo has reported net sales in Europe up 3% for the year to 30 June, driven by a strong performance in the UK.
-
News
Just Eat grows UK orders 37% in H1
Just Eat saw orders in the UK grow 37% for the six months to 30 June while its average revenue per order (ARPO) was up 6%, driven by increases in its commission rate.
-
News
Domino’s H1 lfls up 10.9% in UK
Domino’s has seen like-for-like sales in its UK stores grow 10.9% in the six months to 26 June.
-
News
Key SABMiller shareholder rejects AB InBev’s final offer
AB InBev’s revised and final offer for SABMiller – which values the company at £79bn – has been rejected by a prominent shareholder.
-
News
Marston's food-led pubs grow lfls during Euro 2016
Marston’s has reported positive sales growth across all divisions for the 42 weeks to 23 July.
-
News
Euros and adverse weather impact M&B
Mitchells & Butlers (M&B) has this morning reported that poor weather in June and Euro 2016 had an expected adverse impact on its Q3 trading performance
-
News
24-hour trading & innovation driving McDonald’s sales growth
Steve Easterbrook, global chief executive of McDonald’s, has said that the fast food behemoth is making steady progress on transforming its business
-
News
AB InBev revises offer for SABMiller
AB InBev has issued a revised offer for SABMiller, which values its shares at £1 more than the initial pitch.
-
News
Starbucks EMEA Q3 lfls decline 1%
Starbucks saw like-for-like sales across its EMEA division decline 1% during the last quarter