Investment

Knoops to double in size following £8.3m fundraising

Knoops, the chocolate cafe, has announced plans to more than double in size in 2024 following a £8.3m fundraising which…

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Loungers sales rise 7.7% in H1

Loungers has reported that like-for-like sales rose 7.7% year-on-year in the half year ended 1 October, also marking 24% ahead…

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Admiral Taverns reopens The Spinners after £250k refurb

Admiral Taverns has reopened The Spinners, a local pub in Leigh, following a combined investment of £250k from the pub…

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Coulsdon pub reopens following £250k refurb

The Pembroke Pub in Coulsdon has reopened its doors following a £250k investment by the Stonegate Group. The pub has…

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Chancellor extends business rates relief for hospitality

Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn…

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Confidence in hospitality sector climbs again

Nearly half (49%) of hospitality business leaders feel confident about the hospitality market over the next 12 months, up by…

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Compass profits hit £1.89bn amid surging sales

Catering company Compass Group has reported a 26.1% increase in operating profit to £1.89bn for the year ended 30 September…

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Today’s news in brief – 17/11/23

Marston’s has appointed Justin Platt as the new CEO, effective 10 January 2024, following Andrew Andrea’s immediate departure. Andrea, who…

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Today’s news in brief – 14/11/23

UK pubs and bars saw a 7% source in average drinks sales in the week ending 4 November, driven by…

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Joe & the Juice acquired by General Atlantic

General Atlantic, a leading global investor, has announced it has entered into an agreement to acquire Joe and the Juice,…

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