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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Aug- 2023 -1 AugustPubs and Bars
The Waterhead Inn reopens following multi-million-pound refurb
The Inn Collection Groupโs lakeside site in Ambleside, The Waterhead Inn has now reopened following a multi-million-pound refurbishment by the Newcastle-based pub with rooms operator. Beginning in October last year, the โextensiveโ renovations have created additional bedrooms and a total revamp of the venueโs bar and restaurant facilities. The works…
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1 AugustPubs and Bars
Liberation Group occupancy rates exceed 80% in H1
Liberation Group will be targeting becoming the โleadingโ provider of pub accommodation in the South of England, following the success of its Butcombe Pubs and Inns business, which has seen occupancy rates exceed 80% across the group.ย During the first half of 2023, the group has grown its accommodation offering…
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1 AugustFood and Drink
Greggs profits jump 14.2% to ยฃ63.7m in H1
Bakery retailer Greggs has revealed that its underlying profit before tax excluding exceptional items increased 14.2% to ยฃ63.7m in the 26 weeks ended 1 July.ย This comes as the groupโs total first-half sales increased 21.5%, with company-managed shops experiencing a like-for-like increase of 16%.ย Meanwhile, an underlying earnings growth of…
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Jul- 2023 -31 JulyBreweries and Distilleries
The Stanton House in Chirk reopens following pub refurb
Hydes Brewery has reopened The Stanton House in Chirk, Wrexham, following a complete interior refurbishment. The transformation of the village pub, part of the Hydes tenanted estate, includes a complete interior redecoration with new furniture throughout and a newly configured bar areas, together with a โfull refreshโ of the exterior.…
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28 JulyRestaurants
Mitchells and Butlers LFL sales jump 8.9%
Mitchells and Butlers has announced that its like-for-like sales were up 8.9% for the 43 weeks ended 22 July 2023. The owner of brands such as Harvester and Toby Carvery revealed that its sales for Q3 were up 9.7% compared with the same period last year. The performance was a…
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28 JulyNews
Admiral Taverns invests over ยฃ10m in pub refurbs
Admiral Taverns has invested more than ยฃ10m into upgrading its community pubs throughout the first half of 2023.ย The group, which owns almost 1,500 pubs in England, Scotland and Wales, has invested the funds into 138 pubs across both its leased and tenanted estate and its wet-led operator division, Proper…
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27 JulyRestaurants
Chipotle sees revenues hit $2.5bn
Chipotle has revealed that its total revenue in Q2 2023 was $2.5bn (ยฃ1.93bn), an increase of 13.6% compared with Q2 2022, according to its recent trading update for the three months ended 30 June 2023. It said that the increase in total revenue was driven by a 7.4% increase in…
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21 JulyRestaurants
Soul + Grain opens new site at Newcastle International Airport
Soul + Grain has opened its new site at Newcastle International Airport in the airport departure lounge. The restaurant can seat up to 60 guests and features a contemporary design and free charging points. The menu offers a range of vegan, vegetarian and nutritionally-balanced food options including raspberry and chia…
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20 JulyPubs and Bars
BII urges all pubs to engage MPs ahead of Autumn Budget
The British Institute of Innkeeping (BII) has announced the launch of its #MyPub campaign, calling on pubs across the UK to write to their MPs, and invite them to visit their vital local businesses at the heart of their constituencies. It said this will allow them to show MPs the…
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19 JulyFeatures
Data and sustainability: Take advantage of growing demand for sustainable eating
โRestaurant owners cannot afford not to address sustainability. It just makes sense. If you’re not looking at your energy use, you’re not tracking your food waste and if you don’t have data on your company, you can’t really be successful, because you don’t know what’s happening at the customer level,โ…
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