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 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).
Michael Caines has permanently closed his waterside restaurant and bar The Harbourside Refuge in Porthleven, Cornwall, nearly 10 months after mothballing the site due to mounting costs.
UKHospitality has made a fresh plea for the Chancellor to freeze business rates, amid warnings a hike in bills could dent investment and leave many small firms ‘on the brink’.
Jamie Oliver’s Jamie Oliver Holdings Limited and Jamie Oliver Licensing Limited companies have together put in a strong performance for the financial year ending 31 December 2022 delivering ‘robust’ revenue growth of 8.1%.
With restaurants including Endo at the Rotunda, HUMO, and 20 Berkeley and another in the works, Creative Restaurant Group is taking an inventive approach to growth.
The automatic, pandemic-era provision for hospitality venues to sell alcohol for offsite consumption has been extended by 18 months after the Government decided to keep Covid licensing rules.
London-based chef and restaurateur Tarell Mcintosh is looking to revive his Paradise Cove restaurant, reopening it in The Queens Arms pub in Battersea.
Caffè Nero has announced ‘robust’ trading for the final three months of its financial year (1 March 2023 to 31 May 2023), including strong like-for-like sales growth taking sales to 112% of 2019 pre-pandemic levels.
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.
London-based restaurant, wine bar and retailer Top Cuvée has doubled the size of its natural wine subscription service through the acquisition of online natural wine retailer Lowintervention.com.
UKHospitality has warned that the latest interest rates rise will further exacerbate the sector’s financial challenges after the cost of borrowing rose to its highest level in 15 years.
London-based steakhouse chain Flat Iron has accused its insurer QIC Europe of failing to pay for losses associated with disruption suffered during Covid 19 lockdowns.
The Government is to end the automatic, pandemic-era provision for hospitality venues to sell alcohol for off-site consumption, in a move that’s been described as ‘disappointing’ by the sector.
McDonald’s has established a dedicated Investigation Handling Unit following fresh allegations published last week that detailed a ‘toxic work environment’ in its UK restaurants.
Planned strikes on the London Underground next week have been called off after 'significant progress' was made in talks aimed at resolving the dispute.
The Restaurant Group (TRG) has announced a strong like-for-like (LFL) trading performance for the first half of the year with rising sales across its Wagamama, concessions and pubs divisions.
UKHospitality CEO Kate Nicholls has called on the Government to extend new financial help to businesses by amending the terms of emergency loan schemes set up during the pandemic.
The Restaurant Group (TRG) is facing yet more pressure from investors after Irenic Capital Management called on the company’s board to replace chairman Ken Hanna.
Hospitality businesses fear they will struggle to cope over the summer holiday season, amid a warning that ongoing staffing struggles are creating a ‘serious crisis’ within the sector.
Prezzo’s restructuring plan, which saw it close nearly a third of its estate earlier this year, has been approved by High Court, marking the end of the group’s ‘strategic reshaping’.
