Business & Legislation

Shepherd Neame returns to profit

Shepherd Neame returns to profit

By Shwetali Sapte

Shepherd Neame has announced a return to profit and significant revenue growth in its results for the 52 weeks ending 25 June 2022.

Prime Minister Liz Truss to review visa immigration scheme labour shortages hospitality

Truss to review visa scheme

By Georgi Gyton

Prime Minister Liz Truss is to launch a major review into Britain’s visa systems in a bid to try and alleviate the acute labour shortages in industries such as hospitality.

Hospitality welcomes NI reverse as sector awaits mini-budget VAT cut business rates

Hospitality welcomes NI reverse

By James McAllister

Chancellor Kwasi Kwarteng will announce a reverse of April's 1.25% National Insurance (NI) rise as part of his mini-budget this morning (23 September)

Fridays restaurants and 63rd+1st owner Hostmore to pause new openings

Hostmore to pause new openings

By Georgi Gyton

Fridays and 63rd+1st parent company Hostmore has said it is not planning to open any new restaurants in the first half of the 2023 financial year.

Hawksmoor attains B Corp status

Hawksmoor attains B Corp status

By Restaurant

Steakhouse group Hawksmoor has become one of the first restaurant groups in the UK to become a certified B Corp business following an assessment process.

Individual Restaurants reports loss in 2021

Individual Restaurants reports loss in 2021

By Shwetali Sapte

Individual Restaurants (IRC) Limited company has reported a loss after tax of £8.2m for the financial year ending 27 March 2022, down from £23m the previous year.