Business

Find the latest business news, deals and advice affecting you and others in the industry.

Flat Iron receives £5m funding towards expansion

14-Jan-2019 By Sophie Witts

Steak restaurant chain Flat Iron has received a £5m funding package from alternative lender ThinCats.

Pub group Ei to offload properties in £348m deal

11-Jan-2019 By Sophie Witts

Ei Group, the largest pub company in the UK, has agreed to sell off a chunk of its commercial properties in a £348m deal.

Loungers set to open 25 new sites in 2019

09-Jan-2019 By Stefan Chomka

All-day dining restaurant group Loungers will continue its ambitious expansion plans, with the opening of a further 25 sites this year.

Last year's My Million Pound Menu contestants - where are they now?

08-Jan-2019 By Helen Salter

With the second series of My Million Pound Menu airing this evening, we take a look at what last year’s crop of contestants are up to now.

Pizza chain run by industry veterans launches £400k crowdfund

08-Jan-2019 By Sophie Witts

Fledging sourdough pizza chain Three Joes has launched a £400,000 crowdfunding campaign towards its expansion.

Inn Collection Group receives £10m funding to double in size

08-Jan-2019 By Sophie Witts

The Inn Collection Group has received a £10m funding package from OakNorth bank to support its expansion.

Carluccio’s to pay for ‘settled status’ for EU staff

07-Jan-2019 By Joe Lutrario

Carluccio’s is to pay for its 1,550 non-British EU employees to apply for ‘settled-status’ in the UK after Brexit.

D&D London experiences 'best ever' Christmas trading

04-Jan-2019 By Stefan Chomka

D&D London has recorded its ‘best ever’ Christmas trading results, with overall revenue in December in double-digit growth.

Wagamama serves up 12% sales growth

04-Jan-2019 By Stefan Chomka

Wagamama recorded double-digit sales growth in the months leading up to its purchase, according to its latest figures.

Caprice Holdings' sales rise amid 'tough' market conditions

02-Jan-2019 By Sophie Witts

Richard Caring’s Caprice Holdings restaurant group saw a rise in sales in 2017, but struggled with growing business rates and wage bills.

Wagamama staff to share £4m Christmas bonus pot

20-Dec-2018 By Stefan Chomka

Staff at noodle chain Wagamama are being given a Christmas bonus following the sale of the business to The Restaurant Group (TRG).

Patisserie Valerie to launch customer loyalty app

19-Dec-2018 By Sophie Witts

Patisserie Valerie is to launch a loyalty app it says will help it better understand customer behaviour.

Jamie Oliver opens first in-company restaurant with Aramark

19-Dec-2018 By Sophie Witts

The Jamie Oliver Restaurant Group has opened its first in-company restaurant, in Ireland, as part of a deal with contract caterer Aramark.

Champagne + Fromage co-founder: "We'll be the first to be hit by a 'hard' Brexit"

17-Dec-2018 By Sophie Witts

The co-founder of French bistro brand Champagne + Fromage says he is no longer looking to open restaurants in London as the costs in the capital are too high.

Belmond sold to French luxury goods giant for £2bn

14-Dec-2018 By Sophie Witts

The Belmond hotel group has been sold to French luxury goods giant Moët Hennessy Louis Vuitton (LVMH) for over £2bn.