Finance – Page 224
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NewsRuth & Robinson fund nears capacity
The current round of fundraising by the Imbiba Partnership for new Brooklyn-inspired concept – Ruth & Robinson – is close to capacity
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NewsAnalyst corner: Brumby on Greene King
Leading analyst Mark Brumby at Langton Capital has said that Greene King’s H1 numbers were just a shade disappointing
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News
Analyst corner: Brumby on trading and Black Friday
Leading analyst Mark Brumby at Langton Capital on trading, Black Friday and Cyber Monday
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News
Carlsberg renews deal to be Arsenal official beer partner
Carlsberg UK has signed a deal to continue as Arsenal’s official beer partner for another three years.
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NewsAG Barr Q3 revenue down 0.6%
AG Barr, the soft drinks producer, saw revenue fall by 0.6% on a like-for-like basis for the 18 weeks to 30 November 2014.
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Analysis & Insight
New ONS figures show fall in spend on restaurants, pubs and hotels
The annual survey of household budgets by the Office for National Statistics has shown that people are spending less on alcohol, restaurants visits and hotel stays.
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NewsSpirit Leased launches ‘little box of big deals’
Spirit Leased has said its new initiative will offer its licensees the same purchasing power as a managed house.
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NewsWest Berkshire Brewery confirms new EIS launch
West Berkshire Brewery has confirmed it is to launch a new Enterprise Investment Scheme (EIS) fundraising drive to raise £4m to relocate to a bigger production site
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NewsFY turnover at Pho set to hit £14m
Pho, the highly-rated Vietnamese fast-casual concept led by Stephen and Juliette Wall, is on track to report turnover of £14m in its current financial year
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NewsBridgepoint in exclusive talks to acquire ASK & Zizzi
Bridgepoint is understood to be in exclusive talks to acquire ASK Italian and Zizzi from Gondola Group, in a deal believed to be valued at c£225m
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NewsAll Star Lanes posts FY loss due to defalcation
All Star Lanes reported a pre-tax loss of £1.84m in the year to 29 December 2013, a period in which it identified losses due to defalcation
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NewsThree PE firms left in the bidding for TGI
Charterhouse Capital Partners is one of three private equity groups left in the running to acquire the UK arm of TGI Friday’s
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Analyst corner: Sahill Shan on Marston’s
Sahill Shan of N + 1 Singer has reinforced his Buy recommendation for Marston’s.
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NewsRecovery begins for M&C20
In what was a fairly busy week for leisure company reports, the M&C20 was up 30 points to 1,217 outperforming the All Share Index which saw a 0.1% decline to 1,039 points, says Will Brumby of Langton Capital
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News
Marston’s signs £6m deal with Sainsbury’s for two new sites
Marston’s has agreed a deal with Sainsbury’s to buy two sites for new Two for One pub/restaurants in Staffordshire.
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NewsTurnaround at La Tasca continues
La Tasca has reported its 19 consecutive month of like-for-like sales growth as the turnaround of the business, which underwent a Company Voluntary Arrangement in 2012, continues
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NewsFY EBITDA up 4% at Brasserie Bar Co
Brasserie Bar Co saw restaurant EBITDA climb 4% to c£5.2m in the 12 months to 29 June 2014
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News
Appear Here secures growth fund
Appear Here has raised $7.5m (£4.75m) of new funding, as it explores further expansion in the UK and internationally
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NewsNando’s Group FY turnover tops £500m
Nando’s Group saw its turnover pass the £500m in the year to 23 February 2014
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News
Marston’s Destination and Premium lfls up 3.1% for FY2014
Marston’s has reported like-for-like sales up 3.1% year on year in its Premium and Destination arm for the 52 weeks to 4 October 2014.