Honest Burgers secures £2.7m from shareholders

Restaurant group Honest Burgers received a £2.7m injection of capital from shareholders to help it survive the pandemic, documents show.

Accounts for the burger brand, which runs 45 sites across the UK, said the coronavirus lockdowns had a ‘significant' impact on the company.

Honest Burgers secured £5m through the government's Coronavirus Business Interruption Loan Scheme (CBILS) in two tranches, of which £1.5m was used to partially repay an existing loan. Its parent company Honest Group also received an additional £4m funds from shareholders to support it through the crisis.