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Deal alert: Science in Sport plc

The Moore Stephens Corporate Finance team successfully advised Science In Sport Plc, an AIM quoted leading sports nutrition company headquartered in London, on the acquisition of PhD Nutrition Ltd, a manufacturer and distributor of their eponymous range of protein and sports nutrition products, for consideration of £32m on a cash free and debt free basis.

Top 100 UK hotel groups see profitability rise as tourist numbers grow

Profitability at the UK’s Top 100 hotel groups has risen 13% in the last year*, with pre-tax profits of £689 million, up from £609 million in the previous year.

Hotels are benefiting from the continued drop in the value of sterling that has led to rising numbers of overseas tourists coming to the UK. 2017 set a record for inbound tourism to the UK, with 39.2 million visits, up 4.3% in a year.
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