McWin, the private equity backer of high street bakery chain Gail's, is to acquire a majority stake in German restaurant brand L’Osteria with a view to driving further European growth.
Birmingham-based street food brand Holy Moly Macaroni has been forced to shutter its only restaurant site in Harborne, after rising cost pressures meant it was 'no longer feasible to continue'.
Sacha Lord, the Night Time Economy Adviser for Greater Manchester, has called for an urgent inquiry into evidence of withheld energy support for struggling hospitality businesses.
The government’s latest plans for a Deposit Return Scheme for drinks containers won’t include glass bottles in England and Northern Ireland, it has been confirmed.
A private member's bill intended to ensure hospitality staff receive all the money left to them in tips by customers is closer to becoming law after clearing the Commons.
Will Ellner has confirmed the closure of Joanna's, the renowned London restaurant launched by his parents on the Triangle in Crystal Palace 45 years ago.
Soho House-owned pizzeria concept Pizza East has shuttered both of its restaurants, but insists the closure of its original site in Shoreditch is only ‘temporary’.
London-based food hall Sessions Islington has rebranded as Neighbourhood and redesigned its interior, with Japanese food expert Ivan Orkin kicking off its new chef residency.
The Oakman Group is looking to raise £5.3m from its shareholders via a discounted share placement, to provide a buffer to protect from a further worsening of the trading environment.
Developer Hammerson has submitted plans to transform the former John Lewis department store at Birmingham’s Grand Central into 200,000 sq ft of offices that will also include a restaurant, bar and food market.
UKHospitality has written to energy regulator Ofgem urging it to penalise bad practice by energy suppliers and to compel them to renegotiate the worst deals.
Private equity house Imbiba has announced the first close of its new £90m fund at around £70m following significant investment from the British Business Bank alongside other investors including Asahi UK.
The Government has confirmed that a far-reaching ban on single-use plastics will come into force from October, leading to warnings the legislation could force takeaways to raise their prices.
The UK economy grew unexpectedly in November last year, primarily thanks to a boost in pub and restaurant sales caused by people going out to watch the World Cup.
Byron owner Famously Proper is to permanently close nine restaurants with the remaining 12 to transfer to Tristar Foods Limited under a pre-pack administration deal.
Selin Kiazim and Laura Christie have permanently closed their Turkish Cypriot restaurant Oklava in east London, with the pair saying they 'fought long and hard' to keep the business going.
Giggling Squid’s sister brand Lime Squeezy has closed its last remaining restaurant, bringing to an end its high street presence less than two years after it first launched.
Breweries will benefit from an increased rate of support under the Government's new Energy Bills Discount Scheme having been recognised as an energy and trade intensive industry.
The hospitality sector 'faces a £4.5bn hike in its bills' from April after the Government confirmed it would slash the level of energy support businesses receive.
BrewDog CEO James Watt has said the group's infamous gold can promotion, which falsely claimed that customers could win a solid-gold can of lager, personally cost him close to £500,000.
Thai restaurant group Giggling Squid says it has had “its most profitable year since inception”, despite the ongoing disruption from the Coronavirus pandemic.
Danish-owned sushi and kushiyaki specialist Sticks’n’Sushi has posted a strong set of results for its financial year ending 30 June 2022 with its UK arm accounting for the majority of its profits.
Chancellor Jeremy Hunt has told business leaders the current level of energy support is 'unsustainably expensive' and that the current £18bn scheme was always limited to six months.
D&D London has closed its Klosterhaus restaurant in Bristol after just over two years of trading, with the group citing 'current economic challenges' as being partly behind the decision.
The owner of better burger group Byron has filed a notice of intention to appoint administrators, but is 'confident' it will secure a rescue deal for the business.
The group behind tasting menu restaurant Six by Nico is plotting major expansion across the UK and internationally following 'robust' financial results in the year since Covid restrictions were lifted.
Pret A Manger is continuing to step up its international expansion plans having reached an initial agreement with Fox Group and Yarzin Sella Group to introduce the brand in Israel.
London-based fresh pasta restaurant Bancone has raised more than £900,000 through an equity-based crowdfund, which is intended to help kickstart its 'ambitious' plans for growth.
The Government has extended the alcohol duty freeze for a further six months in what's been described as a 'much needed Christmas present' for hard pressed hospitality businesses.
A campaign to save historic London chophouse Simpson's Tavern has been given a boost after the restaurant was designated an asset of community value by the City of London Corporation.
Pizza Pilgrims is looking to keep expanding its footprint outside London, with a recently opened Cambridge store and a further four sites outside the capital planned for next year.
