All articles by Finn Scott-Delany – Page 58
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NewsTasty sells Dim T More London site for £2m
Tasty has exchanged contracts for the sale of its Dim T More London site for £2m.
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NewsFlank - flexing chef muscle
Tom Griffiths has a complex relationship with burgers. The Flank founder says it’s a universal truth that his peers love eating them but hate cooking them, and this dilemma has been a constant in his career. Keen to avoid being typecast as a garden-variety patty slinger, when he first launched ...
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NewsFast-moving grown-up Coco di Mama ‘can do’
Carbs and caffeine is a formula that has fuelled Coco di Mama’s expansion well. The fast-casual brand has been deftly serving long queues of office workers just that since 2011. This sweet spot customer, the 25-35-year-old affluent City worker, was the genesis of the brand in Fleet Street. While this core demographic served Coco well in its early years, a new management team last year realised it needed to broaden its appeal if it was to continue its expansion into adulthood.
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NewsRola Wala founder buys business out of administration
Rola Wala founder Mark Wright has bought back the brand and assets of the Indian wrap concept after it went into administration with liabilities of £511,585.
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NewsBreakfast Club appoints McVeigh, lfls up 4.3%
The Breakfast Club has appointed Draft House founder Charlie McVeigh as chairman, his first official role since selling the pub chain to Brewdog.
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NewsRola Wala enters administration
Rola Wala, the Indian wrap concept backed by team behind Barworks, has entered into administration, MCA understands.
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NewsFlank: ‘You’ve got to give customers what they want.’
From pub pop-up origins, Flank has gone through various iterations since arriving in London, its latest poultry focussed format Good Birds created specifically for Market Halls West End. Directors Tom Griffiths and Ben Rowland discuss developing a more commercial edge at the business, while keeping in touch with their founding ethos.
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News
Flyt co-founders depart company
Flyt co-founders Tom Weaver and Chris Evans are leaving day to day leadership roles at the payments technology company, MCA understands.
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NewsTurtle Bay profits down by two thirds
Turtle Bay’s profits have been slashed by more than two thirds to £1.4m, its latest accounts show.
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NewsMowgli sets sights on the south coast
Indian street food restaurant group Mowgli is looking at locations including Newcastle, Preston, Bath, Brighton and Coventry as part of its expansion plans for next year and beyond.
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NewsNusa secures £300k investment
Nusa Kitchen, the Singapore soup concept, has raised £300,000 investment towards its growth plans, CEO Hubert Zanier has told MCA.
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NewsStonegate/EIG deal ‘could damage competition in 51 local areas’
Stonegate Pub Company’s proposed £3bn purchase of Ei Group does not raise UK-wide competition concerns but could damage competition in 51 local areas, the Competition and Markets Authority (CMA) has said.
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NewsGail’s Bakery pre-tax profit up 10% to £1.1m
Gail’s, the artisan bakery chain backed by Luke Johnson, has reported turnover up 18.4% to £47.6m in the year ending 28 February 2019.
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NewsAnstey departs Joffe family business
Joffe family mainstay Sam Anstey has resigned as operations director to peruse new opportunities, MCA understands.
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Analysis & InsightDelivery platforms increase London turnover by £323m
Third party delivery has led to £323m increase in turnover (+1.4%) across the restaurant industry in London, a joint study by Deloitte and Uber Eats reports.
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NewsNewRiver acquires Bravo Inns for £17.9m
NewRiver, the real estate investment trust (REIT), has acquired community pub company Bravo Inns for £17.9m.
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NewsL’Atelier du Vin secures third site
L’Atelier du Vin, the premium wine and cocktail bar concept, has secured its third site, in Brighton’s Laines.
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NewsIddon departs Le Pain Quotidien after three months
Former Restaurant Group CIO Simon Iddon has left his role at Le Pain Quotidien, MCA understands.
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NewsMarston’s reports £20m loss amid debt reduction focus
Marston’s has swung to a £20m statutory loss of the full year to 28 September 2019, down from a £54.3m profit in 2018.
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NewsNando’s drives profits after central costs restructure
Nando’s UK business has reported revenues up 7.9% to £779.4m for the full year to 24 February 2019.