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Marston's in £70m sale and leaseback deal on new-build pubs
20 May, 2013

Legal & General Property has completed a sale and leaseback purchase of a portfolio of 27 of Marston’s new-build pubs in a deal worth just under £70m.
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Walkabout set for growth after ownership change
20 May, 2013

Intertain, owner of the Walkabout bar chain, is preparing for growth after private equity specialist Barclays Ventures took a stake in the business. The move will enable Walkabout to complete the refurbishment programme of its existing estate and to actively look for new venues. more...

Tossed secures £1.5m from Santander
17 May, 2013

Tossed, the London-based healthier eating chain, has secured a £1.5m funding line from Santander. It plans to open at least another eight shops in the coming 12-18 months.

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Atmosphere slips into administration
14 May, 2013

Bar and club group Atmosphere has called in administrators after being overrun by cashflow problems.
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Pre-pack takes Botanic Inns back to management
14 May, 2013

Six of the pubs run by Northern Ireland’s failed Botanic Inns group have been sold back to management in a pre-pack deal with the firm’s administrators.
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Weather chills Enterprise’s first half
14 May, 2013

Enterprise Inns has reported falls in income and EBITDA for the six months to end-March. It said like for like net income across its leased pub estate was down by 4.2%, with EBITDA down £15m at £153m.
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Vincent and Blum to take good food global
8 May, 2013

Leon founder John Vincent and US restaurant guru Brad Blum have teamed up to launch a new investment vehicle to promote good eating around the world. The move is likely to include the expansion of Leon across the UK and into the US.
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City Pubs hires chiefs, picks up three sites
7 May, 2013

The City Pub Company, the new vehicle from David Bruce and Clive Watson, has swooped on the Capital Pub Company to appoint two new chief executives, and added three more pubs to its estate.
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Botanic calls in administrators

7 May, 2013

Northern Ireland pub chain Botanic Inns has collapsed into administration. The group, which is the biggest single operator in Northern Ireland with 16 outlets, in and around Belfast, called in KPMG.
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Calculus to fire up Benito’s growth

7 May, 2013

Benito’s Hat, one of the crop of fast growing Mexican concepts in London, has secured £1.4m of investment from Calculus Capital private equity, with the aim of growing from four to 10 sites by the end of next year
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‘Landmark’ year for fast-growing Ed’s

7 May, 2013

Retro American concept Ed’s Easy Diner has reported double-digit like for like growth over a 'stellar' trading year to end-September 2012.
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Wetherspoons settles last property litigation

2 May, 2013

Pub operator JD Wetherspoon has agreed to accept a payment of £400,000 from property investor Jason Harris to settle a legal claim, the company said this morning. It marks the end to a series of high profile property litigations totalling. more...

VAT cut could create 670,000 jobs

1 May, 2013

A cut in VAT for the UK could create well over half a million jobs, a survey of operators has found—as counterparts in Ireland step up their own campaign to keep its cut.
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Greene King hungry for more

30 April, 2013

Greene King is throwing its weight behind food-led value format Hungry Horse after turning in more growth in its latest figures. More than 20 sites are in the pipeline, with the 200th to open in Leamington Spa soon, and 114 more being worked on.
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Sales jump for expanding Wasabi

30 April, 2013

London-based Japanese operator Wasabi has claimed a 25% hike in sales for its financial year to end-August 2012. It now has 33 branches across London, including several in key transport hubs.
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