Finance – Page 215
-
News
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
-
NewsBatram: Expecting JDW profits to have slipped
Ahead of JD Wetherspoon’s full-year update next Friday, leading analyst Nick Batram at Peel Hunt has said that “life doesn’t get any easier” for the group
-
News
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
-
NewsMRO uncertainty holds back pubcos in M&C20
The M&C20 was up 1.1% to 1,386 points this week while the All-Share seemed reluctant to push its new highs, rising just 0.2% to 1,091 points.
-
News
Jack: Pressure still on JDW over margins
Leading analyst Douglas Jack, of Numis, has said he is cutting his price target for JD Wetherspoon as there are still no signs of margins stabilising in the current financial year.
-
News
Hospitality sector driving business growth, research says
Government research has shown licensed hospitality businesses in the UK are driving growth and are more optimistic about future prospects than the wider business community.
-
NewsShepherd Neame managed lfls up 6.8% for H1
Shepherd Neame, the Kent-based brewer and pub operator, has recorded managed house like-for-like sales up 6.8% for the 26 weeks to 27 December 2014.
-
News
Crowdfunding needs to be sustainable
Equity crowdfunding can be a beautiful thing, but it has to be sustainable, otherwise the sector will be dead in three years’ time
-
News
Jack: Domino’s in great shape
Leading analyst Douglas Jack has predicted Domino’s will see UK earnings grow by 20% in 2015 and said expansion in Britain is five to ten years behind the US and Australia.
-
News
Analyst: Brumby on overcapacity
Leading analyst Mark Brumby at Langton Capital looks at the issue of overcapacity
-
NewsStrong performances across M&C20
The M&C20 was up 1.7% this week to 1,370 points as strong performances from big caps Domino’s and Cineworld lifted the index. The All-Share was up 0.8% to 1,089 points as utilities, oil and gas stocks held the wider market back
-
NewsFY lfls up 2.8% at TRG
The Restaurant Group has reported a 2.8% rise in like-for-like sales for the year to 28 December
-
NewsSports Bar & Grill rejects JDW acquisition bid
Bar Holdings – the company behind the Sports Bar & Grill chain – rejected an acquisition bid from Wetherspoons earlier this month
-
News
Odeon cinema chain placed on the market
Terra Firma, the private equity firm led by Guy Hands, is to place its Odeon and UCI cinemas chain on the market, with an asking price of c£1bn
-
NewsMcDonald’s accused of avoiding €1bn in taxes
Trade unions and a campaign group have accused McDonald’s of deliberately avoided paying about €1bn (£727m) in European tax
-
NewsDomino’s FY sales up 14.6%
Domino’s Pizza Group has reported that system sales increased by 14.6% to £766.6m in 52 weeks to 28 December 2014, driven by like-for-like sales growth of 11.3% in its 724 UK mature stores
-
NewsLa Tasca generates interest
La Tasca, which appointed advisers to review its investment options at the start of this month, is thought to have already generated interest from a number of parties
-
News
Ellis: Whitbread performance strong but Restaurants disappointing
Analyst Wyn Ellis, of Numis, has said Whitbread’s performance for the 50 weeks to 12 February was ahead of consensus in all area except its Restaurant arm.
-
News
Morgan Stanley: JDW risks more than marginal
Analyst Vaughan Lewis, of Morgan Stanley, has expressed concern that margin decline at JD Wetherspoon appears to be accelerating.
-
NewsWhitbread reports Costa lfls up 6% year to date
Whitbread has reported like-for-like sales at Costa up 6% in the 50 weeks to 12 February and 6.9% in the fourth quarter.