Business

Find the latest business news, deals and advice affecting you and others in the industry.

Matthew Clark Bibendum pays off £160m debts

26-Oct-2018 By Sophie Witts

C&C Group says it has paid off £160m in debts owed by the Matthew Clark Bibendum group since it bought the troubled drinks supplier out of administration in April.

Gourmet Burger Kitchen apologises for 'Curry War' ad

19-Oct-2018 By Sophie Witts

Gourmet Burger Kitchen (GBK) has apologised for a new ad campaign where it attempted to start a “curry war” with Indian restaurants.

Chilango goes in to overfunding after hitting £1m target

15-Oct-2018 By Sophie Witts

Chilango is to continue raising funding through its second Burrito Bond after hitting its £1m target within 24 hours.

Grillstock barbecue group shuts down

15-Oct-2018 By Sophie Witts

Smokehouse group Grillstock has announced it has ceased trading, less than a year after it was bought out of administration.

Luke Johnson: Patisserie Holdings' secret overdrafts a 'nightmare'

15-Oct-2018 By Sophie Witts

Luke Johnson, the chairman of trouble-hit Patisserie Holdings, has described the past week as a "nightmare" after the company discovered secret overdrafts of almost £10m.

Patisserie Holdings outlines £20m rescue package

12-Oct-2018 By Sophie Witts

The future of the Patisserie Valerie chain looks to be secured with chairman Luke Johnson set to bail out the group with a £20m loan.

Patisserie Holdings' finance director arrested

11-Oct-2018 By Sophie Witts

Patisserie Holdings has said its finance director was arrested last night and released on bail.

Chilango rolls out second Burrito Bond

11-Oct-2018 By Sophie Witts

Chilango has begun crowdsourcing investment for a second time with the launch of a new Burrito Bond.

Revolution pulls out of merger talks with Deltic

11-Oct-2018 By Sophie Witts

Revolution Bars Group has announced that it has terminated merger talks with nightclub owner Deltic.

Patisserie Holdings reveals winding up petition over unpaid tax bill

10-Oct-2018 By Sophie Witts

The board of Patisserie Holdings says it has “become aware” of a winding up petition relating to an unpaid tax bill of over £1m.

YO! Sushi to open kiosks in Tesco

10-Oct-2018 By Stefan Chomka

YO! Sushi is to open sushi counters in Tesco supermarkets in a pilot scheme between the two companies.

Patisserie Holdings suspends chief financial officer over fraud probe

10-Oct-2018 By Sophie Witts

Patisserie Holdings, the owner of Patisserie Valerie, has requested its shares be suspended amid an investigation in to potential fraud.

Burger & Lobster returns to profit after £10m loss

10-Oct-2018 By Finn Scott-Delany

Burger & Lobster recovered from a £10m loss in 2016 to post a £2.4m profit in 2017.

Manchester House restaurant enters administration

09-Oct-2018 By Sophie Witts

Living Ventures has put its Manchester House and Artisan restaurants in Manchester in to administration.

Honest Burgers' sales rise as expansion continues

09-Oct-2018 By Sophie Witts

Honest Burgers saw sales rise £6.7m to £22.3m in the year to January 2018 as it continued its expansion.