Company News
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Marston's reports solid holiday sales growth
Pub operator Marston's said in an update on Tuesday that total retail sales in both its managed and franchised pubs rose 8. 8% year-on-year in the 16 weeks to 20 January.
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PPHE to open its third Radisson hotel in Berlin
PPHE Hotel Group announced the signing of its third hotel as part of its extended partnership with Radisson Hotel Group on Tuesday, with the Radisson RED Berlin Kudamm set to open in late spring.
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Great Portland upbeat on recent leasing performance
Great Portland Estates said in an update on Tuesday that during the nine months to 31 December, it signed leases totalling £16. 1m, exceeding the estimated rental value (ERV) from last March by 10. 4%.
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UK government borrows less than expected in December
The UK government borrowed much less than expected last month, according to data released on Tuesday by the Office for National Statistics.
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Vistry's Countryside chosen for big Colindale development
Vistry Group announced on Tuesday that its Countryside Partnerships subsidiary has been chosen as the preferred developer by the Greater London Authority (GLA) and the Mayor's Office for Policing and Crime (MOPAC) to undertake a significant housing project in Colindale, Barnet.
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Premier Foods hails strong festive trading as sales jump 14%
Premier Foods, the food manufacturer behind brands like Mr Kipling, Bisto and Ambrosia, said it is on track to hit profit forecasts this year after a solid third quarter with double-digit sales growth across the group.