Business & Legislation

Blacklock becomes a B Corp

Blacklock becomes a B Corp

By Joe Lutrario

London-based chophouse group Blacklock has obtained B Corp status, joining a handful of other restaurant groups including Hawksmoor and Big Mamma Group.

Loungers opens its 200th Lounge site

Loungers opens its 200th Lounge

By Joe Lutrario

All-day dining business Loungers has marked the launch of its 200th Lounge site by restating its aim to open 'at least' a further 400 locations in the longer term.

Credit: Facebook (Aquavit London)

Aquavit quietly closes London outpost

By James McAllister

Aquavit London, the UK sister restaurant to the two Michelin-starred New York restaurant of the same name, has closed its doors.

Dishoom expects full profit recovery in 2023

Dishoom expects full profit recovery in 2023

By Finn Scott-Delany

Dishoom neared £100m turnover in 2022 and expects to return to pre-pandemic levels of profitability in 2023, according to its latest filings to Companies House.

Subway announces sale to Roark Capital owner of US chains Arby’s and Buffalo Wild Wings

Subway announces sale to Roark Capital

By James McAllister

Subway has entered into an agreement to be acquired by affiliates of Roark Capital, the owner of US chains Arby’s and Buffalo Wild Wings, for a reported $9.55bn (£7.6bn).

Subway nears $9.6bn sale to Arby's owner Roark Capital

Subway nears $9.6bn sale to Roark Capital

By James McAllister

Sandwich giant Subway is set to be acquired by Roark Capital, the owner of US chains Arby’s and Buffalo Wild Wings, in a deal worth $9.6bn.

Neat Burger launches grab and go format

Neat Burger launches grab and go format

By Restaurant

Vegan fast food brand Neat Burger has resumed its expansion push in the UK with the opening of two sites this month, including a new format.

Sunak urged to reassess rise in worker visa fees

Sunak urged to reassess rise in worker visa fees

By James McAllister

Rishi Sunak is facing calls to rethink a planned increase in visa fees for migrant workers amid fears it will harm the UK’s competitiveness and efforts to plug labour shortages.

Turtle Bay toasts record sales with like-for-like growth of 32.6%

Turtle Bay toasts 'record year'

By Shwetali Sapte

Turtle Bay has reported record sales of £90.1m for the year ended 2 April 2023, up 5.5% on the prior year.

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