The soaring cost of energy threatens to cause 'mass business failures' across the hospitality sector, industry leaders have warned amid desperate calls for the Government to take immediate action.
There are 'serious concerns' in the hospitality sector for the sustainable supply of CO2 after it was announced that Britain's last fertiliser plant will temporarily stop ammonia production.
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.
Fourteen years after it was founded by Mitch Tonks and Matt Prowse, renowned Dartmouth restaurant The Seahorse is in new hands. Meet the young team hoping to put the success into succession.
BrewDog reports that job applications across its business are up by more than 75% as it delivers the first of its 'blueprint' profit share bonuses to bar staff.
Cabana and Haché-owner The Hush Collection has posted what it describes as ‘solid’ financial results for the year ending 26 December 2021, with turnover up 8.7% on the financial year before the pandemic.
The British Institute of Innkeeping (BII) has warned that spiralling energy costs are 'killing our nations’ pub' and called on the Government to provide urgent, essential support to businesses.
Wendy’s is now expecting to have 35 UK restaurants open by the end of 2022, down from the 50 to 60 previously spoken about in its first quarter update.
Artfarm has acquired The Groucho Club, the famed Soho private members club which has acted as a hub for the arts, literature and media community in London for the past four decades.
Pubs, restaurants and bars are seeing outgoings triple, and are in deeper trouble now than during the pandemic, one of the UK's Night Time Economy Advisors has said
SUMI, the more informal sister restaurant to Endo Kazutoshi's London flagship, is expanding its premises this summer, reopening in September with new head chef, Christian Onia, at the helm.
Trade body UKHospitality says further business failures are 'inevitable' without additional Government support amid warnings of a looming recession and energy prices rising further.
Gordon Ramsay Restaurants has said it remains on course with its growth strategy as it posted a pre-tax loss of £6.8m for the year ended 31 August 2021.
A coroner preparing an inquest into the death of a woman who suffered an allergic reaction to a Pret a Manger sandwich has asked for more information from its suppliers.
The Wolseley Hospitality Group (TWHG) says it is being 'forced to close' its Café Wolseley restaurant at Bicester Village against its wishes after having its lease prematurely terminated.
Comptoir Group chief executive Chaker Hanna and chairman Richard Kleiner have stepped down from their respective roles with immediate effect, following calls from founder Tony Kitous for them to resign.
Transport for London (TfL) has announced that from this weekend all Night Tube services will be fully restored, after they were suspended in March 2020 due to the pandemic.
South West-based restaurant group Rockfish has announced plans to open three new restaurant in the next 12 months, having achieved 'record results' in the latest financial year.
Thousands of hospitality businesses ‘could be forced to close’ over the next few years unless the Government intervenes to help with spiralling utility bills, a procurement firm has warned.
The price of a McDonald’s cheeseburger is to increase for the first time in 14 years - from 99p to £1.19 - as the fast food giant is forced to pass on rapidly rising costs to its customers.
UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to 1,406 in the past year with 431 of the casualties occurring in the last quarter alone.
Restaurant and bar group Mission Mars has reported turnover of £34.2 for the first nine months of 2022 financial year, up from £25.5m for the same period in 2019.
Fulham Shore has reported revenue of £82.7m for the year ending 27 March, an increase of 20.6% from £68.6m for the year ended 29 March 2020 and up 105% on last year’s figures.
Pubs and restaurants across the country have announced they will temporarily close today and tomorrow (18 and 19 July) as UK temperatures are forecast to hit up to 41C.
A private members’ bill that would require employers to ensure all tips and service charges they receive are paid to workers in full has had its second reading in Parliament.
