BAT plunges nine per cent after announcing £25bn hit December 6, 2023 British American Tobacco has said 50 per cent of its revenue will come from non-combustible products such as vapes by 2035.
Various Eateries to capitalise on ‘reduced competition’ in casual dining market December 6, 2023 The business behind restaurants Coppa Club and Noci, Various Eateries, is looking to ramp up the rollout of both sites as it looks to capitalise on "reduced competition" in the casual dining market.
US private equity bowls over another London-listed operation December 6, 2023 Bowling operator Ten Entertainment Group is set to become the latest London-listed firm to fall into the hands of American private equity
Hospitality firms blast government migration plans for ‘shrinking talent pool’ December 5, 2023 The UK’s hospitality industry has warned that government plans to cut the levels of legal migration into the country will compound the existing labour shortage in the sector.
Future National Lottery operator Allwyn’s revenue doubles, but chief sees ‘headwind’ to charity donations December 5, 2023 Allwyn, the upcoming operator of the National Lottery, has reported a 98 per cent surge in total revenue despite recently saying it will barely increase its charity donations next year.
Domino’s Pizza franchise firms clash over ‘unsolicited’ takeover bid December 5, 2023 London-listed DP Eurasia has taken a swipe at Jubilant Food Works over its "unsolicited" takeover bid for the firm.
Sainsbury’s to leave central London HQ after two decades December 5, 2023 The Sainsbury’s headquarters is packing up and relocating to the sustainable JJ Mack Building in Farringdon, a six-minute walk from its current location at Chancery Lane.
Eateries operator SSP resumes dividend, targets higher 2024 sales December 5, 2023 The Starbucks franchisee said it continued to benefit from recovery in travel.
Marston’s: Revenues up as firm looks to get borrowing below £1bn by disposing non-core assets December 5, 2023 Pub chain Marstons said revenues grew during the preliminary year, but operating profits lay flat, as it dealt with the hangover of high inflation.
THG to acquire Biossance as it bulks up on beauty business December 5, 2023 E-commerce firm THG has today announced it has acquired prestige skincare brand Biossance for $20m as its builds out its beauty business.