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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Jul- 2024 -18 JulyPubs and Bars
Stonegate invests over ยฃ2.6m in four Slug and Lettuce venues
Stonegate Group has announced the opening of Slug and Lettuce in Albert Square, Manchester, following a ยฃ2.6m investment across four of its venues. According to Stonegate, the investments signal a โnew eraโ for Slug and Lettuce, marked by an โevolution in the look and feelโ of venues across the UK.…
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17 JulyPubs and Bars
Heartstone Inns sees surge in revenues and profits
Heartstone Inns has reported a 11% rise in revenues to ยฃ9.6m for the year ended 31 December 2023. The groupโs operating profit also increased from ยฃ3.1m to ยฃ3.4m. However, the groupโs EBITDA slightly dipped from ยฃ1.8m to ยฃ1.7m, representing a pub EBITDA margin of 18% compared with 21.0% last year.…
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17 JulyNews
Starmer vows to โmake work payโ in Kingโs Speech
The new Labour government has outlined its main goals for the new parliament as part of the Kingโs Speech today (17 July) with a central focus of โ improving living standards for working people through economic growthโ.ย Key points outlined in the speech, read by the King but written by…
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16 JulyPubs and Bars
JD Wetherspoon rebuffs TUC accusation of being low-pay employer
JD Wetherspoon chairman Tim Martin has hit back at comments made by the Trade Union Congress (TUC) head Paul Nowak, which called the pub chain an employer that has โbuilt its business model on low-paid insecure employmentโ. The rebuttal comes after The Telegraph published an interview with Nowak on Sunday…
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16 JulyFood and Drink
Greggs to open new Kettering distribution centre
Greggs has announced plans to open a new national distribution centre at Symmetry Park, Kettering, in partnership with Tritax Symmetry. According to Greggs, this initiative is a โkeyโ part of its growth strategy, aimed at expanding its supply chain to meet the needs of its growing number of shops across…
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12 JulyRestaurants
Burger brand Hub Box bought out of administration
South-West based burger chain Hub Box has been bought out of administration and sold to South West Restaurants Limited for an undisclosed sum. The transaction will see all of Hub Boxโs 10 restaurants across the South West of England continue to trade, with all of the companyโs circa 300 staff…
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11 JulyRestaurants
Sandwich Sandwich opens new site in London
Sandwich Sandwich, the family-run eatery based in Bristol and operated by father-and-son duo Nicholas and Joshua Kleiner, has announced the opening of its debut London store at 1 Gresham Street on 18 July. This comes just months after being crowned UberEats Restaurant of the Year in 2023. Sandwich Sandwich was…
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9 JulyRestaurants
Loungers revenues rise 24.7% to ยฃ353.5m in FY24
Loungers has revealed it achieved record revenue growth of 24.7% to ยฃ353.5m for the 53-week period to 21 April, after opening 36 new sites during the year โ seven more than in the prior year.ย During the year, the operator of Lounge, Cosy Club and Brightside dining concepts saw like-for-like…
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5 JulyGovernment
UKH: โLabour needs to deliver on its commitments, and quickโ
UKHospitality chief executive Kate Nicholls has said that โwe need to see Labour deliver on its commitments, and quick,โ after the party secured a landslide victory at the general election. The UKH boss said within the first 100 weeks, the sector needs to see reduced employer National Insurance Contributions to…
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3 JulyNews
Todayโs news in brief – 03/07/24
Hawksmoor has reportedly begun exploring a sales process as a way to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking to potential buyers.ย Heineken UK plans to relocate its…
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