Investment
Our coverage tracks financial activity shaping the UK foodservice and hospitality sector, from venture capital and private equity backing to corporate acquisitions, refinancing deals, and growth funding. Our reporting is focused on the operators, brands, and concepts attracting capital, and what that means for the wider industry. Whether you’re a restaurant group seeking funding, a pub chain monitoring market valuations, or a catering contractor analysing competitor growth, our investment coverage delivers intelligence that helps business leaders understand where money is flowing, and why. Expect deep dives, expert commentary, and deal-by-deal context, all tailored to the foodservice trade.
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Nov- 2024 -1 NovemberNews
Budget to increase full-time cost of employment by ยฃ2,500, UKH reveals
The employment tax measures announced in the Autumn Budget will increase the cost of employing a full-time staff member by at least ยฃ2,500, UKHospitality has said.ย New analysis from the hospitality association has revealed that increases to employer NICs and wages will hit the hospitality industry โhardestโ, with a 10%…
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Oct- 2024 -31 OctoberBusiness
Budget reaction: Rising costs โlatest blowโ to sectorโs recovery
The hospitality industry has criticised chancellor, Rachel Reevesโ first budget, with UKHospitality claiming it is the โlatest blowโ to the sector’s recovery. Yesterday, Reeves announced a series of measures aimed at raising ยฃ40bn in taxes, including employersโ national insurance contributions rising to 15%, alongside hikes in both the National Living…
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30 OctoberPeople
Hydes appoints general manager of The Nursery Inn
Hydes Brewery has announced the appointment of Jordan Nolan as the new general manager of The Nursery Inn, a popular community pub in Stockport.ย Nolan joins just as the pub has reopened following a ยฃ250k refurbishment.ย With over 12 years of hospitality experience across Greater Manchester and the north west,…
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28 OctoberNews-In-Brief
Todayโs news in brief – 28/10/24
54% of hospitality businesses would cut jobs when business rates relief ends in April, according to a new joint survey conducted by the BBPA, BII and UKH. The report also highlighted that 76% would experience lower profit and 28% would have to close at least one site. The trade bodies…
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28 OctoberPubs and Bars
54% of hospitality firms to cut jobs and investment if rates relief ends
More than half of pubs and hospitality businesses would cut jobs (54%) and cancel investment (51%) if bills quadrupled when business rates relief ends in April, according to a new joint survey conducted by the British Beer and Pub Association, British Institute of Innkeeping and UKHospitality. The report also highlighted…
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25 OctoberAnalysis
The Revel Collectiveโs journey through four rebrands
The Revel Collective has only recently announced this latest reinvention. But this is not the first time it has happened. Tracing its inception back to 1991 in Greater Manchester, the group we know today has gone by โ in chronological order โ Inventive Leisure, The New Inventive Bar Group, Revolution…
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25 OctoberPubs and Bars
Punch Pubs FY operating profits rise 43.6% to ยฃ48.4m
Punch Pubs has reported a 43.6% uplift in operating profits from ยฃ33.7m to ยฃ48.4m for the year ended 11 August, following a successful acquisition strategy. During the year, the group acquired 36 pubs at a total cost of ยฃ25.2m, which was funded from available cash resources and drawing on the…
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23 OctoberNews
Stonegate Group invests ยฃ1m in new concept Ritaโs Beerhall and Ballroom
Stonegate Group has invested ยฃ1m in a new concept, Ritaโs Beerhall and Ballroom, to open in Leeds.ย The investment has been used to transform the former Walkabout site in the city centre into a โbeerhall for cocktail loversโ. The aim is to make the venue popular for its seven day…
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21 OctoberBusiness
170 hospitality bosses call for business rates action ahead of Budget
170 hospitality leaders have backed UKHospitalityโs call for a lower level of business rates for the sector ahead of the Labour party’s first Budget at the end of the month. In an open letter to the chancellor, the CEOs of Britainโs most well-known and biggest pub groups such as Fullerโs,…
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17 OctoberNews-In-Brief
Todayโs news in brief – 17/10/24
Deliverooโs GTV rose 6% to ยฃ1.7bn in Q3 as the company maintains its full year guidance. Total orders increased 2%, while GTV per order was up 4% in constant currency and revenue increased 4% to ยฃ498m. In the UK&I, GTV growth reached ยฃ1bn, a 7% increase year-on-year, with order growth…
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