Finance

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.

Forty-seven per cent of businesses will seek additional finance to fund growth over the next two years

Banks hold the key to growth for hospitality businesses

By Luke Nicholls

Nearly half of hospitality and leisure businesses are hoping to obtain additional sources of finance to assist with their expansion over the coming months as many look to return to growth in 2012.

The northern pub chain Wear Inns is to expand its portfolio after receiving a £10m investment from the Business Growth Fund and NVM Private Equity

Wear Inns receives £10m investment to fund expansion

By Peter Ruddick

The northern pub chain Wear Inns has received an investment of £10m from the Business Growth Fund (BGF) and NVM Private Equity (NVM) to fund expansion plans for the company, which expects to make new acquisitions in the next few months.

The BHA believes the Scheme could cut red tape for hoteliers

BHA lobbies government over EIS scheme for hotels

By Luke Nicholls

The British Hospitality Association (BHA) is urging the Government to allow hotel operations to qualify under the Enterprise Investment Scheme, following the Chancellor’s failure to remove the restriction in the autumn statement.

HVS London's European Hotel Transactions report reveals that the UK saw a total transaction volume of €2.7 billion in the past year

UK hotel transactions on the up

By Luke Nicholls

The number of European hotel transactions has risen by nine per cent since 2010 and the UK remains the most active investment market of them all, with total transaction volume of €2.7 billion.