Business

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

Hummus Bros collapsed after failed bid to expand off the high street

18-Sep-2018 By Sophie Witts

Hummus Bros went in to administration after its owners failed to raise funding to expand the brand away from the high street, according to the administrator’s report.

Richard Caring: "Bill's needed help"

17-Sep-2018 By Mark Wingett

Richard Caring says he received approaches for Bill’s last year, but that he didn’t think the all-day dining restaurant group was “dressed well enough to be sold” and that “it needed help”.

Thali Cafe restaurants bought out of administration

10-Sep-2018 By Mark Wingett

Thali Café, the Bristol-based, Indian restaurant group, has been acquired out of administration by a new private company called Jugaard Ltd.

Revolution Bars re-enters merger talks with Deltic

10-Sep-2018 By Sophie Witts

Revolution Bars Group has confirmed it has re-entered merger talks with nightclub owner Deltic.

Martin Williams to return to Gaucho under new ownership

05-Sep-2018 By Stefan Chomka

Martin Williams is making a dramatic return to Gaucho four and a half years after leaving the steakhouse group.

Bread winner: Pret A Manger reports 34th consecutive quarterly sales growth

04-Sep-2018 By MCA

Pret A Manger has achieved a 13.2% increase in revenue, to £878.5m, for the 52 weeks to 28 December 2017, with like-for-like sales up 3.2%.

Byron CEO: It was "screamingly obvious" the chain needed change

03-Sep-2018 By Sophie Witts

The CEO of Byron has insisted the troubled chain is recovering despite recent warnings about its financial position.

Will Gourmet Burger Kitchen be the next high street casualty?

03-Sep-2018 By Sophie Witts

Gourmet Burger Kitchen (GBK) looks to be the latest restaurant chain preparing to close sites amid falling sales.

The Restaurant Group buys Food & Fuel gastropubs for £15m

31-Aug-2018 By Sophie Witts

London gastropub group Food & Fuel has been sold to The Restaurant Group (TRG) for £15.4m.

Jamie Oliver: "I had two hours to save Jamie's Italian"

30-Aug-2018 By Sophie Witts

Jamie Oliver had to inject almost £13m of his own savings in to his restaurant group to stop the business going under.

Richoux plans sale of central London site

29-Aug-2018 By Sophie Witts

The Richoux restaurant group has said it could close one of its central London locations after a year of flat trading.

Faucet Inn puts KuPP in to administration

29-Aug-2018 By James Wallin

Faucet Inns’ Nordic-inspired restaurant group KuPP has entered in to administration with the closure of two sites.

Gourmet Burger Kitchen's future in doubt amid falling sales

22-Aug-2018 By Sophie Witts

The future of the Gourmet Burger Kitchen (GBK) chain looks uncertain amid an ongoing sales decline.

Founders buy Randall & Aubin Manchester out of administration

22-Aug-2018 By Finn Scott-Delany

Randall & Aubin founders Ed Baines and Jamie Poulton have bought the Manchester franchise of their restaurant brand out of administration to operate it themselves.