According to the latest Begbies Traynor Red Flag Alert for Q4 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses continued to recover during the final quarter of 2013, as improving business confidence drove strong growth across the UK’s core services sectors and encouraged growing numbers of entrepreneurs to … [Read more...]
Restaurant websites serve up a warm welcome for mobile customers
A third of restaurant websites are mobile-friendly for customers, but this sector still has more to do if it is to reach the majority of smartphone users, according to new research from hibu, a leading provider of digital marketing solutions and websites for businesses. The research, which focused on ten industries, has identified which business sectors are best set up to … [Read more...]
Anthony Habgood to step down from Whitbread Plc
Whitbread PLC has announced that Anthony Habgood will step down from the Board later this year. He has been Chairman of the Company since mid 2005. The process to find his successor will be led by Sir Ian Cheshire, the Senior Independent Director and a further announcement will be made in due course. Anthony Habgood commented: "It has been a pleasure to be Chairman over … [Read more...]
Andrew Page to retire as CEO of TRG
Andrew Page is to retire as CEO of The Restaurant Group in August 2014. Under hisleadership, TRG Group has developed into a first class and firmly established FTSE-250 business, with an excellent track record of growth in earnings, dividends and shareholder value – market capitalization alone has grown from £75 million to £1.2 billion. Following his retirement as CEO, he … [Read more...]
JUST EAT prepares for £700 million + sale
JUST EAT is reported to be preparing for a London listing this April – with the initial public offering priced at between £700 and £900 million. Founded in Denmark in 2001, JUST EAT arrived in the UK in 2006 and now claims to be the world’s leading online takeaway ordering service, with activities on four continents, more than 40,000 global restaurant partners and over 5.5 … [Read more...]