Category : Search result: hospitality acquisition


Urban Pubs & Bars Buys Five Premium London Venues

Independent pub group Urban Pubs & Bars has acquired five premium London venues, expanding its estate to 65 sites and reporting over £100m in annual sales. Discover the latest in London's hospitality growth.

Labour U-turns on pub business rates after outcry

The government is set to reverse planned business rate hikes for pubs following intense pressure from the hospitality sector. The climbdown comes after warnings of crippling tax rises.

Labour U-turn on pub business rates hike expected

The government is poised to announce a rescue package for pubs facing crippling business rate rises, Sky News understands. The move follows a bitter backlash from the hospitality sector.

Pubs set for business rates help in days

Sky News understands the government is preparing a support package for pubs facing crippling business rate hikes. Chancellor Rachel Reeves faces backlash as the hospitality sector warns of 100% bill increases.

UK Fintech Zilch Buys Bank, Eyes More Deals Before IPO

UK payments giant Zilch has acquired Lithuania's Fjord Bank, securing a European banking licence to fuel expansion. The fintech is eyeing further deals on its road to a public market debut. Read the full story.

Chef Tommy Banks on the real cost of a £7 toastie

Michelin-starred chef Tommy Banks reveals to Sky News the 'political decisions' crippling UK hospitality, the impact of weight loss drugs, and why your cooking needs more salt. Read his full interview.

Central London's Tiger Tiger to get 'world-first' revamp

The iconic Tiger Tiger nightclub on Haymarket, closed since 2024, is to be transformed in a multi-million pound project. NEOS Hospitality plans a 'world-first' venue set to open in summer 2026. Discover the future of West End nightlife.

Accenture Buys London AI Specialist Faculty

Global consultancy Accenture acquires London's Faculty AI, bringing over 400 experts into its team to boost AI safety and decision intelligence for UK clients.

Oakley Capital buys GLAS in £1bn+ finance deal

Private equity firm Oakley Capital, backer of Time Out, secures a majority stake in loan administration leader GLAS. The £1bn+ deal signals major growth in private credit. Discover the details.

Next Weighs Bid for LK Bennett as Brand Nears Collapse

FTSE-100 giant Next is considering a cut-price swoop for the fashion retailer LK Bennett, a favourite of the Princess of Wales, as it prepares to call in administrators. Read the latest on the potential rescue deal.

SoftBank buys DigitalBridge for $4bn to boost AI portfolio

Japanese investment giant SoftBank Group is set to acquire digital infrastructure investor DigitalBridge in a $4bn deal, dramatically expanding its AI-focused assets. Discover the strategic move behind this major acquisition.

Independent Pubs Face Extinction by 2035

Britain's independent pubs are closing at a record rate, blaming soaring costs and tax policy, while major chains report record sales. Could your local be next?

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