Caffé Concerto’s owner, which has taken on nine sites once occupied by scandal-hit Patisserie Valerie, has boosted sales despite headwinds battering restaurant chains. Privately-owned Lux Management & Investments Group, which is behind 23-year-old London-headquartered Italian chain Caffé Concerto, managed to notch up revenues of £27.4 million, up 9.3%, in the year to August 2018. The firm said it was pleased with growth which was achieved during a period where the economic outlook was uncertain, the effects of Brexit were being digested, and there was competition from rivals. New accounts also show pretax profits slipped to £1.6 million from £1.9 million. That was largely due to investments in the estate. It has continued to invest in the current financial year and earlier this month it completed a £1.2 million refurbishment of its High Street Kensington site. Recently the group rolled out its Café de Pierre bistro brand into some space … [Read more...] about Caffé Concerto owner notches up higher sales
A new district-wide fund has been made available to businesses to help with professional fees and technical survey work. West Lindsey District Council has reallocated £150,000 from the former Gainsborough Growth Fund ‘Feasibility Grant’ to roll out a widened scheme to help businesses across the area looking at ways to expand and create new jobs. Grants of up to £5,000 can be awarded to businesses, subject to 50% match funding to enable the delivery of a specific development project.Leader of the Council, Coun Giles McNeill said: “We have listened to what local businesses need and that is why we are delighted to be able to offer this district-wide fund, which supports our Central Lincolnshire Local Plan Policy on ‘Delivering Prosperity and Jobs’.“Funding schemes like this help give more certainty on the type of financial investment required and the funding strategy necessary to support business development prior to implementation, … [Read more...] about New West Lindsey fund aiming to help business growth
Scotland business Douglas Fraser Business/economy editor, Scotland 18 June 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.co.uk/news/uk-scotland-scotland-business-48685626?intlink_from_url=&link_location=live-reporting-correspondent Read more about sharing. These are external links and will open in a new window Close share panel … [Read more...] about Awkward squad or team player?
The fortification of physical natural gas infrastructure and the growing gas market in the last two decades have made Turkey an attractive destination for gas producers and consumers. The increasing importance of Turkey in regional gas trade has ignited discussions on the country's potential to become a physical gas trading hub. Experts and sector officials believe that Turkey has a very unique advantage to institute a gas trading hub, arguing that it will create win-win-win opportunities for the country itself, along with exporters and importers.The high demand node from European importers, the prospective for lucrative price competition, multiple suppliers and geographical proximity to southeastern Europe and central Europe can be summarized as the most important advantages Turkey has to become a regional gas hub.In addition to the often-emphasized qualities of the Turkish market, experts also draw attention to the necessary steps to be taken, including further liberalization of the … [Read more...] about Turkey’s unique advantages as regional gas trade hub
PUBLISHED: 20:42 18 June 2019 Sarah Chambers A TEVVA electric truck Picture: EMMA CLIFTON Emma Clifton/Ashtons Legal Only a tiny fraction of businesses are aware of the potential of electric freight transport, a straw poll at a conference in Ipswich suggests. Senior traffic commissioner Richard Turfitt addressing the transport conference Picture: EMMA CLIFTONAround 100 delegates attended a road transport briefing at Trinity Park, Ipswich, on Thursday, June 13, which was hosted by law firm Ashtons Legal, where they were shown an electric lorry in action.Among the subjects discussed were the possibilities for electric freight transport and driverless freight vehicles. MORE - East of England firms sit on capital amid uncertaintyChelmsford-based electric truck maker Tevva offered an overview of the latest position around the capability of electric freight transport and its future potential. But a straw poll of delegates suggested only 2 or 3% of delegates … [Read more...] about Electric lorries unveiled at Ipswich event