Finance – Page 187
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News
Barnfather: SSP UK has significant growth potential
Leading analyst Anna Barnfather at Panmure Gordon has said that a site visit to Euston Station yesterday with SSP reassured her about the significant growth potential of the UK market for the business
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News
Collyer: ETI share buyback welcomed as a sign of confidence
Leading analyst Geof Collyer has said that Enterprise’s decision to initiate a new share buyback programme will be very much welcomed as a sign of confidence in the future
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NewsIRC reports “best ever year”, refinances
Individual Restaurant Company, the 33-strong operator of the Piccolino and Restaurant Bar and Grill brands, is set to report turnover of c£65m in the year to 31 March 2016 (2015: £59.4m)
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News
Collyer: JDW - few if any catalysts for near term performance
Leading analyst Geof Collyer at Deutsche Bank has said that JD Wetherspoon is still relatively expensive versus peer group
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News
Bistro Qui? considers options
Bistro Qui? has appointed advisors to help consider its future investment options, which could include a sale of the business
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News
Speratus Group places £11.5m-package on the market
Speratus Group has placed six of its freehold sites on the market, with offers in excess of £11.5m sought for the whole package
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News
Barnfather: Shep Neame gathering momentum
Leading analyst Anna Barnfather has said that Shepherd Neame is gathering momentum
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News
CMA to investigate Hammerson’s Grand Central acquisition
The Competition and Markets Authority has opened an investigation into Hammerson’s £335m acquisition of Birmingham’s Grand Central shopping centre.
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News
CDG heralds “transformational year”
CDG has reported that its run-rate EBITDA is projected to reach £50m, with sales well in excess of £300m in the 12 months to the 31 May 2016
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Analysis & InsightSafety in numbers?
Crowdfunding has become a popular way for cash-strapped chefs to launch their own restaurants. But is it the source of easy money many people think it is?
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News
Thorley steps down from TDR
Giles Thorley, the former chief executive of Punch Taverns, has stepped down as an operating partner of private equity firm TDR Capital
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News
Crowdcube campaign raises £1m in 90 seconds
Banking app Mondo has broken the world record for an equity raise after its £1m target on Crowdcube was reached in just 96 seconds.
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News
Domino’s FY lfls up 11.7%
Domino’s has reported like-for-like system sales in the UK up 11.7% for the year to 27 December.
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News
Costa lfls up 0.5%
Whitbread has this morning reported that Costa like-for-likes for the 11 weeks to 11 February increased 0.5%, while like-for-like sales across its restaurants grew 2.3%
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Opinion
When Hawksmoor met Harrison
Last year, neighbourhood restaurants Sam’s and Harrison’s were snapped up by the Hawksmoor Group. But it wasn’t the typically hostile takeover many have to come to expect in the industry. Restaurant talks to Hawksmoor co-founder Will Beckett and Sam Harrison about what happened
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News
AB InBev to sell SAB share in Snow Lager for $1.6bn
AB InBev has announced it has entered into an agreement to sell SABMiller’s 49% stake in Snow Lager for $1.6bn.
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News
London Cocktail Club launches £750k crowd fund
London Cocktail Club has launched a £750,000 crowdfunding campaign aimed at trebling the size of the currently five-strong estate over the next three years.
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News
Growth in Zones Two & Three is set to outstrip Zone One
Economic growth in zones two and three in London is set to overtake that in central London over the next 20 years as London’s economy rebalances,
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News
Sethi backing Detox Kitchen expansion
Jyotin Sethi has taken a stake in The Detox Kitchen, the healthy food company led by chef Lily Simpson, which is looking to expand across London
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NewsGreggs FY lfls up 4.7%
Greggs has this morning reported that company-managed shop like-for-like sales grew by 4.7% in the year to 2 January 2016