Finance

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Henry J Beans owner replaces financial director

Henry J BeansJamies Wine Bar and Henry J Beans owner Food and Drink Group has replaced its financial director Urvashi Parekh.
Posted: 11 February 2008 | 07:00

Rising food costs force Compass to revise menus

Compass Group logoCompass Group today revealed it had revised its menus to cope with soaring food inflation.
Posted: 08 February 2008 | 12:30

Tax deductions on tips

Solicitor Emma Ladd explains the finer points of the employer's responsibility for income tax and national insurance contributions on tips received by staff
Posted: 07 February 2008 | 00:00

'Disappointing' Regent Inns gives no clue to buyer

Old OrleansWalkabout owner Regent Inns has admitted to “disappointing sales” but gave no clue to the identity of a mystery bidder for the company.
Posted: 05 February 2008 | 10:45

Punch proposes merger with M&B

M&B logoJust days after insisting “it’s not us” Punch Taverns has approached Mitchells & Butlers (M&B) with a £11b merger proposal.
Posted: 04 February 2008 | 10:49

Carluccio's reports strong growth despite consumer slowdown

Carluccio's logoItalian restaurant and deli chain Carluccio’s has so far avoided the consumer slowdown, with a strong set of results for the 16 weeks to 13 January.
Posted: 01 February 2008 | 14:39

Greene King feels benefits of Loch Fyne buy

Locy Fyne logoBrewer and pub operator Greene King has felt the benefits of its acquisition last year of restaurant chain Loch Fyne, as pub sales stalled over the Christmas period.
Posted: 01 February 2008 | 12:21

Fuller’s pubs and hotels ride out winter storm

Fuller's logoLondon-based brewer and pub operator Fuller, Smith & Turner has bucked the current pub trading trend and revealed strong sales growth.
Posted: 01 February 2008 | 11:37

Punch Taverns denies M&B takeover bid

people in a pubPunch Taverns has denied speculation linking it to a takeover bid for Mitchells & Butlers (M&B) after the rival operator admitted that a number of parties had expressed an interest in buying the company.
Posted: 31 January 2008 | 10:54

Buyers eye up Mitchells & Butlers

Mitchells & ButlersThe vultures have begun to circle embattled Mitchells & Butlers (M&B) with expressions of interest from private equity groups and potential trade buyers.
Posted: 30 January 2008 | 11:31

Administrators warn of further licensed trade failures

pubThe administrators handling the sale of London’s Massive Pub Company have warned that the licensed trade could see further failures this year as consumers spend less.
Posted: 29 January 2008 | 16:54

McDonalds reports rise in global sales

McDonald'sMcDonald’s European operations were the major driver of sales growth at the fast-food giant during 2007.
Posted: 29 January 2008 | 16:17

Board at Mitchells & Butlers under fire after £274m loss

Mitchells & ButlersThe positions of the senior directors at Mitchells & Butlers (M&B) look increasingly untenable after the pub giant incurred a £274m post-tax loss from the closure of its controversial hedge fund.
Posted: 29 January 2008 | 11:58

Sports Cafe rescued by investment firm

Sport Cafe logoStruggling bar and restaurant chain Sports Cafe is in new hands after being bought by investment firm Agilo.
Posted: 25 January 2008 | 16:00

Marston’s pub sales stagnant in 'challenging market'

Marston's logoMarston’s has joined its fellow pub operators in revealing stagnant sales figures during the past three months as trading is affected by the “challenging market”.
Posted: 25 January 2008 | 11:34

Greene King warns over share price drop

people in the pubThe chief executive of Greene King has warned the pub sector that it should prepare itself for consolidation if share prices do not recover and the concerns over raising debt are not eased.
Posted: 23 January 2008 | 17:46

Piccolino owner cautious but confident for 2008

Piccolino owner Individual Restaurant Company (IRC) has said it remains cautiously confident about prospects for the sector in 2008.
Posted: 21 January 2008 | 15:15

Local boozers taking a battering as alcohol sales slide

barmanCommunity boozers are suffering the most as sales of alcohol continue to slide in the on-trade, new research has revealed.
Posted: 21 January 2008 | 10:59

Friday Wrap: A round-up of the week's hospitality news

Chris DruceAlthough the meaning of life may well be 42, you no doubt have other questions you’d like an answer to as well.
Posted: 18 January 2008 | 18:00

Enterprise Inns offers rent concessions to struggling licensees

Enterprise InnsEnterprise Inns will offer rent concessions, discount schemes and trading support to licensees in a bid to stimulate consumer spending.
Posted: 17 January 2008 | 12:25

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5th July 2008