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- 2022 -8 JulyNews
Angel Central celebrates Pelicana and Myungrang Hotdog openings
CBRE Investment Management has announced the launch of Pelicana, a South Korean fried chicken brand, as well as its specialty corn dog concept, Myungrang Hotdog, at Angel Central, Islington. Pelicana has officially opened its second and largest restaurant in the UK in the newly refurbished Angel Central, occupying a 2,172…
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6 JulyRestaurants
Gusto Edinburgh to undergo ยฃ250,000 refurbishment
Gusto Italian has announced an investment of ยฃ250,000 to refurbish its Edinburgh site this summer, aiming to transform both the interior and exterior of the restaurant. The George Street location, which originally opened in 2007, will be closed between 11 July and 2 August. It will reopen with a total…
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6 JulyPubs and Bars
Oakman hails โrecordโ sales in FY22
The Oakman Group Plc has revealed its total sales surged 79% to ยฃ65.1m for the financial year ending 3 July 2022 (FY22), reportedly outperforming the Coffer CGA tracker of industry sales. Like-for-like sales are up 51.2% from FY21 and up 19.9% from pre-Covid levels in FY20, while total sales have…
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5 JulyBusiness
Hospitality sector R&D spending falls 21%
Research and development (R&D) spending in the hospitality industry fell 21% in the Q1 of 2022, according to the latest Office of National Statistics (ONS) data analysed by funding specialist Catax. The ONS published its Q1 2022 statistics for R&D spending on 30 June, Catax states that โspending on R&D…
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5 JulyPubs and Bars
Youngโs Q1 revenues increase 39.7%
Young & Co.’s Brewery (Youngโs) has announced that in the first thirteen weeks of 2022 (Q1), revenues increased by 39.7% in total and by 34.9% on a like-for-like basis against last year, building on the โstrongโ trading momentum achieved in the final quarter of 2021. Youngโs said that this year…
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5 JulyRestaurants
Coaching Inn Group acquires Forest Park Hotel and restaurant
The Coaching Inn Group, a subsidiary of RedCat Pub Company, has revealed it has completed the acquisition of Forest Park Hotel, Brockenhurst for an undisclosed sum. The Country Hotel and Inn is located in the heart of the New Forest, on the edge of the village of Brockenhurst with 40…
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5 JulyEducation
KERB partners with McCain for Streets Ahead launch
KERB has announced a new partnership with McCain that will see it launch โStreets Aheadโ, a one-day workshop, which is said to be โthe first big moveโ for a new social enterprise that provides food start-up workshops to over 100 less-advantaged people, free of charge.ย Following the one-day workshop, all…
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1 JulyPubs and Bars
BBPA calls for permanent tax relief to boost investment
The British Beer and Pub Association (BBPA) has called on the government to introduce a permanent tax relief to encourage more investment by businesses. Responding to the governmentโs consultation on capital allowances, which closes today (1 July), the BBPA backed calls to introduce a permanent 100% deduction for investment in…
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Jun- 2022 -28 JuneNews
Just 1 in 3 hospitality business running a profit, industry leaders find
The profitability of hospitality businesses across the UK is โplummetingโ with only 37% currently turning a profit, according to a survey conducted by the British Beer and Pub Association, British Institute of Innkeeping and UKHospitality. The survey comes almost one year after the Government released its hospitality recovery strategy which…
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27 JunePubs and Bars
Brucan Pubs to open fourth site
Brucan Pubs, founded in 2018 by James Lyon-Shaw and the former head chef of The Club at The Ivy Jamie Dobbin, has announced its fourth opening.ย Brucan is leasing The Star at Witley in Surrey from Star Pubs and Bars. It will undertake a ยฃ400,000 joint refurbishment with Star before…
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