Competition and Markets Authority
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Mar- 2025 -25 MarchNews-In-Brief
Today’s news in brief – 25/03/25
Red Engine has seen a 15% uplift in sales to £77.1m in FY24. During the year, the group’s sales combined with its franchise partners reached £118.3m. It added that EBITDA is expected to have surpassed the £12m it recorded in 2023. Over the next five years, Red Engine aims to…
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25 MarchBusiness
UKH calls for CMA investigation into business energy market
UKHospitality has called for the Competition and Markets Authority (CMA) to conduct an investigation into the non-domestic energy market. In a letter addressed to CMA boss, Sarah Cardell, the trade body said the criteria for a Market Investigation Reference (MIR) has been “undoubtedly met”, including reasonable grounds for suspecting competition…
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Nov- 2022 -7 NovemberTrade Associations
UKH calls for urgent investigation into energy suppliers’ pricing
UKH chief executive Kate Nicholls has written to the Business Secretary Grant Shapps urging him to instigate an investigation by Ofgem and the Competition and Markets Authority (CMA) into energy pricing for commercial businesses. UKH said it comes as hospitality businesses have “raised the alarm that energy suppliers are quoting…
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Apr- 2022 -20 AprilGovernment
Gov to award CMA new power to ban fake reviews
The government is consulting a new law that will make it illegal to pay someone to write or host a fake review. It revealed this is so people are not “cheated” by bogus ratings. Fake reviews will be tackled by consulting on a new law against: Commissioning someone to write…
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Jun- 2021 -15 JuneFood and Drink
Just Eat Takeaway.com enters US market with Grubhub acquisition
Just Eat Takeaway.com has announced that it has completed the acquisition of 100% of the shares of Grubhub for an undisclosed sum. The acquisition follows the clearing by the Competition and Markets Authority (CMA) of the £6.2bn merger between Just Eat plc and Takeaway.com. The merger was previously under investigation…
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Mar- 2021 -30 MarchPubs and Bars
RedCat eyes Stonegate sites for inaugural acquisition
RedCat Pub Company, owned by ex-Greene King boss Rooney Anand, is reportedly on the brink of acquiring over 40 pubs from Stonegate. According to Sky News, the deal could see the owner of Yates’s and Slug and Lettuce offload 42 of its sites as early as this week. While the…
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Nov- 2020 -5 NovemberBreweries and Distilleries
Marston’s reduces rent rates by 10%
Marston’s has announced that it will reduce rent for its tied tenants and leaseholders by 10% in a bid to support tenancies during the pandemic. The reduction in rates will last the entire period that England is in lockdown (5 November to 2 December). Marston’s has provided aid throughout the…
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Oct- 2020 -12 OctoberBeverages
CMA approves Carlsberg Marston’s merger
A merger between Marston’s Brewery and Carlsberg UK has been approved by the Competition and Markets Authority (CMA). Despite its greater valuation of £580 million to Carlsberg’s £200 million, Marston’s will hold a 40% stake in the combined company. However, alongside the equity portion of the deal, Marston’s will also…
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Aug- 2020 -21 AugustBreweries and Distilleries
CMA launches probe into Marston’s and Carlsberg merger
The Competition and Markets Authority (CMA) has announced it has launched a phase 1 investigation into the proposed merger of Marston’s brewing business with Carlsberg UK. It comes following the European Commission’s decision to refer the case to the United Kingdom and it invites comments on the transaction from any…
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5 AugustBusiness
CMA clears Amazon’s Deliveroo investment
The Competition and Markets Authority (CMA) has approved Amazon’s 16% investment in Deliveroo, after finding that it will not “substantially lessen competition”. Under the deal, Amazon will acquire 16% of Deliveroo as the lead investor in a $575m (£438m) funding, which was first announced last year. At that point the…
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