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- 2022 -30 NovemberRestaurants
Azzurri Group revenues double in FY22
The Azzurri Group has seen total revenues rise by £119m to £235.9m in its full-year results, an increase of 101.8% against the prior year as the group rebounded from the pandemic. The increased sales helped boost profit before tax, which hit £2.7m in the year ended 26 June 2022, up…
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30 NovemberPubs and Bars
Barkby Group looks to dispose of pub estate
Barkby Group is reportedly looking to dispose of all of its non-core businesses, which includes the Barkby Pub Company, as it looks to focus on roadside property development and investment. The news that Barkby Pub Co. Ltd will not form part of the group moving forward comes as revenue is…
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29 NovemberRestaurants
Gusto Italian launches new £1.8m Oxford site
Gusto Italian has announced it is opening its 14th site, in Oxford, on 1 December 2022, following a £1.8m investment in the Mitre Hotel building on Oxford High Street. The 10,000 sq ft restaurant and bar offers 150 covers on the ground floor serving both diners and drinks guests, a…
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21 NovemberFood and Drink
Q Catering appoints new financial director
Wholesale distributor, Q Catering, has appointed Nick Jennings as financial director as part of the company’s continued growth plan. Jennings has joined the company from Kent Frozen Foods (KFF) where he spent 18 years as the company’s financial director. He progressed from company accountant to finance director at KFF during…
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17 NovemberBusiness
Food prices rise by a fifth in just 12 months
The CGA food price index has continued to rise with food price inflation hitting 19.9% for October 2022, making it nine consecutive months of double digit inflation. Core hospitality products like meat, fish, vegetables and fruit are now all in the 16%-to-19% range year-on-year. Food in total climbed a further…
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14 NovemberBusiness
Hospitality faces £900m business rates hike
Hospitality businesses will face a £3.6bn bill next April if business rates increase in line with inflation and current relief is ended, a business rates increase of £900m, on top of the £2.7bn the sector currently pays. Ahead of the Autumn Statement this week, UKHospitality CEO Kate Nicholls is urging…
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11 NovemberRestaurants
Danieli Group to deliver two new north east Stack sites
Newcastle-based leisure company Danieli Group has revealed its plans to invest £7m in the creation of two new Stack leisure hubs in County Durham. As a result, Danieli has submitted a planning application to convert the former M&S store at Silver Street, Durham into a Stack site, while also unveiling…
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10 NovemberPubs and Bars
Youngs revenues rise 25% as ‘normal’ trading returns
Young’s has seen revenues rise by 24.7% to £186.5m in the half-year ended 26 September, as the group welcomed a return to a “normal pub environment”. Over the period, profit-before-tax was up by 14.7% to £25m, while adjusted EBITDA rose by 5.4% to £45m. Managed house EBITDA was £55.5m, up…
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Oct- 2022 -19 OctoberFood and Drink
Just Eat returns to profit despite orders slump
Just Eat Takeaway.com has announced it has returned to profitability in Q3, reporting a positive adjusted EBITDA, despite reporting a marked decline in total orders. While its return to profitability was materially ahead of prior guidance, total orders were down by 11%, falling from 265.8 million to 235.3 million in…
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14 OctoberRestaurants
Battersea Power Station Restaurants set to open
Battersea Power Station is set to re-open on Friday 14 October, with restaurants including Le Bab, Where The Pancakes Are, Poke House, Clean Kitchen Club and Paris Baguette set to open their doors to the public. Also launching is Control Room B, a new bar concept from Inception Group, London’s…
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