Finance – Page 223
-
News
Campaign for 2% duty cut for wines and spirits launched
The Wine and Spirit Trade Association (WSTA) and Scotch Whisky Association (SWA) has launched its campaign to lobby for a 2% cut in duty on wine and spirits.
-
NewsAnalyst corner: Rollo on JDW
Leading analyst Jamie Rollo at Morgan Stanley says he expects Q2 like-for-like sales growth at JD Wetherspoon to slow down to c3-4%
-
News
Bar operator enters Virgin Rail deal
The operator of a new bar in Carlisle Railway Station is working with Virgin Rail to study the feasibility of introducing the concept to more stations across the network, M&C Report has learnt
-
NewsPre-Christmas lull for M&C20
The usual December rally in the stock markets has yet to materialise this year as the All-Share Index fell 5% to 995 points while the M&C20 was down 2.8% to 1,208 points
-
NewsBatram: Platform in place at M&B for improvement
Leading analyst Nick Batram has said that the platform is now in place to drive through an improvement in revenues at M&B
-
Analysis & InsightHow to exit: Preparing for sale
In BDO’s latest Restaurant and Bars Report, Paul Viner, ex-finance director of Giraffe, gives his insight into how to prepare your business for sale, what to look out for and how to maximise the opportunity as painlessly as possible
-
NewsElectra leading race for TGI Friday’s
Electra Partners, the private equity firm, is believed to have edged ahead in the race to acquire the UK arm of TGI Friday’s, which is valued at c£250m
-
NewsJack: TRG best placed to outperform
Leading analyst Douglas Jack at Numis believes that the combination of rising consumer disposable income and strong cinema prospects leaves TRG best placed to outperform operationally next year
-
News
Numis on Whitbread: Strong trading momentum
Wyn Ellis at Numis has reiterated an Add recommendation for Whitbread after Q3 results this morning showing like-for-like sales of 6%.
-
NewsPeach Pubs lfl sales up 4% for Q3
Peach Pubs has reported an 18% hike in Christmas party bookings compared to last year and lfl sales up 4% for the quarter.
-
NewsWhitbread Q3 lfl sales up 6%
Whitbread has reported like-for-like sales of 6% for the 13 weeks to 27 November, with Costa up 5.2%.
-
NewsYum! cuts FY profit forecast again
Yum! Brands, the owner of the KFC and Pizza Hut brands, has again cut its full-year profit forecast, due to slower sales in China
-
News
Scottish start-ups receive £1m
Scottish start-up companies will receive more than £1m of investment in loans and grants from the ScotEdge awards in Edinburgh
-
NewsFrench: Costa should be demerged to maximise potential
Leading analyst Simon French has as Costa’s international division returns to profitability he thinks the likelihood of a demerger of the brand will increase
-
NewsMEATliquor eyes £7m fundraising
MEATliquor has launched a fundraising round with the aim of securing £7m of new funds to grow from six to 12 sites by the end of 2017
-
NewsMcDonald’s sales continue to struggle
McDonald’s continued to struggle during November, with global comparable sales down 2.2%, despite a positive performance in the UK
-
Analysis & Insight
Gift card and voucher sales up 9% in Q3
New research has shown that gift card and voucher sales grew 9% in the third quarter of 2014 with online sales growing even sharper.
-
News
Analyst corner: Brumby on pub asset valuations
On the back of the annual pub valuation report from property advisor Fleurets, leading analyst Mark Brumby says that the market is now much more nuanced
-
News
M&C20 outperforms wider market
The M&C20 outperformed the All-Share index again this week as the wider market was slightly held back by oil price drops and the Autumn Statement
-
News
Weight Partners acquires Rileys Sports Bar
Rileys Sport Bars, the 43-strong snooker-and-pool-hall business, has been bought out of administration by private equity firm Weight Partners Capital