Today’s news in brief – 18/12/23

Hackney Gelato has secured a substantial £1.3m follow-on investment from Pembroke VCT. The funding is set to bolster production, team recruitment, and consumer-oriented marketing efforts. The brand plans to diversify by venturing into new out-of-home spaces like cinemas, theatres, and airlines. Co-founders Enrico Pavoncelli and Sam Newman express their commitment to revolutionising ice cream quality in the UK and beyond.

About 10,000 hospitality businesses in Scotland would benefit from a business rates relief scheme as seen in England, The Fraser of Allander Institute has reported. These establishments currently fall outside the small business bonus scheme and face significant challenges without additional aid. Leon Thompson of UKH Scotland emphasises the importance of government support, stating that the introduction of rate relief would provide businesses with certainty to enable growth, job creation and economic contributions. 

C&C Group has appointed Andrew Andrea as the CFO and executive director, effective from 1 March 2024. Andrea, a seasoned veteran in the drinks industry with over two decades at Marston’s plc, brings extensive experience. Ralph Findlay, the current executive chair, will transition to a non-executive role post-Andrea’s arrival. 

Liberation Group has made three senior promotions. Alice Bowyer to director of food, recognising her transformative impact on the company’s food reputation since joining in 2016. Fred Vanderplank steps into the newly-created role of sales and commercial director, leveraging his successful tenure and supplier relationships. Ollie Fleming, promoted to head of Free Trade in the UK, aims to further amplify Butcombe’s sales growth and strengthen relationships.