An imposing 3-star accommodation led business has been placed on the market with leisure property specialist Fleurets. Commanding a prominent position in Kings Road, Great Yarmouth the Hotel Victoria is situated just 100 metres from the sea front and within easy strolling distance of the town centre. It is an ideal location from which to explore the extensive Norfolk and … [Read more...]
Craft brewer unveils £4m EIS expansion
West Berkshire Brewery (WBB) is to raise £4m through a tax-efficient Enterprise Investment Scheme (EIS) to build a new brewery, as it responds to continuing strong demand for its award-winning beers beyond its Thames Valley heartland. Led by international brewing entrepreneur David Bruce, WBB plans to satisfy growing beer volumes with a larger brewing facility with visitor … [Read more...]
Cinven sells ASK and Zizzi to Bridgepoint
European private equity firm Cinven has agreed the sale of all 245 ASK Italian and Zizzi restaurants to Bridgepoint for a consideration of £250 million. This transaction represents Cinven’s complete exit from its investment in the Gondola Group, the market leader in the UK casual dining sector, following the sale of the PizzaExpress and Byron restaurant brands separately for … [Read more...]
UK contract catering market shows signs of recovery
Apex Insight’s latest report on the UK contract catering market finds greater cause for optimism regarding its prospects. The industry was impacted by the economic downturn with the 2009 fall in employment leading to fewer people in the workplace requiring to be fed. Changes in the structure of the labour market, with increased part-time and flexible working, mean that the … [Read more...]
Numis presents the case against removal of the beer tie
Douglas Jack of Numis has presented the most powerful argument yet seen by H&C News against the removal of the beer tie in a communication entitled ‘The Lord’s prayer’. Not all readers will agree with all elements of the argument, but here it is: The Small Business, Enterprise and Employment Bill has entered the House of Lords. The Bill includes a Market Rent Option … [Read more...]