Finance

Businesses are looking to alternative finance options to fund their growth aspirations and the UK market is changing to meet this need

Finding finance in hospitality: New alternatives

By Luke Nicholls

So, you’ve been turned away from the bank, run out of deep-pocketed friends and family and aren’t keen on giving away an equity stake in your company. Is all hope of securing finance to develop or expand your business lost? No. There are still plenty...

Private equity group Graphite Capital has taken a minority stake in restaurant group Hawksmoor which operates four sites in London including Hawksmoor Guildhall

Graphite takes stake in Hawksmoor

By Mark Wingett

Graphite Capital, the private equity backer of Rex Restaurants, has backed the management buy-out of Hawksmoor, the operator of four high-end steak restaurants in London, in a deal which values the company at around £35m.

Lee Cash and Hamish Stoddart founded Peach Pub Company in 2003

Peach remains confident after 'difficult' year

By Luke Nicholls

Independent pub operator Peach Pub Company has admitted that 2012 was a ‘difficult’ period for the business as pre-tax profits dropped by 39.7 per cent to £375,128.

Back in growth: restaurants rallied after a woeful March

Optimism in the eating-out sector hits a six-year high

By Stefan Chomka

Increased spending in the eating-out sector will provide some welcome relief for restaurateurs this year and could help pave the way for an economic recovery, according to figures released by the CBI.

Snug Bars, which started life in 2005 in the Spread Eagle pub in Cambridge, is set to grow further this year

Snug Bars to add two new sites in 2013

By Emma Eversham

Cambridgeshire and Chilterns-based pub company Snug Bars has unveiled plans to open two more sites this year following a record Christmas trading period.  

Bramwell Pub Company will operate 190 pubs, with 18 sites to be returned to the landlords

Barracuda restructures, becomes Bramwell Pub Co

By Luke Nicholls

Barracuda Pub Company has been renamed The Bramwell Pub Company in a restructuring which sees ex-Mitchells & Butlers chief executive Adam Fowle appointed as chairman and the newly-formed company benefitting from a credit facility of up to £10m from...

Business Secretary Vince Cable announced details of the new business bank at the Lib Dem conference in Brighton on Sunday

Business bank: is the Government missing the point again?

By Luke Nicholls

The new ‘business bank’, which will be handed £1bn of taxpayers’ money in a bid to kick-start lending to small and medium-sized British firms, is ‘missing the point’ and will have to overcome the same barriers as high street lenders.