Business

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

Benito's Hat secures £1m funding for expansion

06-Aug-2018 By Sophie Witts

Mexican restaurant group Benito’s Hat has secured a £1m investment to expand in London and across the UK.

Arc Inspirations secures £7m funding for growth

02-Aug-2018 By Sophie Witts

Northern restaurant and bar operator Arc Inspirations has secured £7m funding towards its expansion.

Hakkasan Group still in talks over sale

01-Aug-2018 By Sophie Witts

The owner of Hakkasan Group is still in talks to sell the restaurant and nightclub operator, according to a Bloomberg report.

Richardson Hotels could be saved after selling sites

01-Aug-2018 By Sophie Witts

Richardson Hotels, owner of the John Burton-Race Restaurant with Rooms, looks to be saved from administration after selling two properties.

Byron warns it could need another rescue deal

30-Jul-2018 By Sophie Witts

The Byron burger chain has admitted it could need an additional cash injection to stay afloat if it is unable to improve struggling sales.

Mark Hix: “I am not going to do any more restaurants in London”

27-Jul-2018 By Adam Bloodworth

Chef restaurateur Mark Hix has ruled out any further restaurant openings in the capital citing excessively high rents, and has also predicted that many restaurants in Soho will soon have to close in the face of rising operating costs.

Hotel booking site Chic Retreats in administration

26-Jul-2018 By Sophie Witts

Hotel booking platform Chic Retreats has entered administration, blaming “funding issues”.

Olive Tree Brasserie lines up fifth restaurant

26-Jul-2018 By Sophie Witts

Greek-inspired restaurant group Olive Tree Brasserie is to launch its fifth site in northern England later this year.

Brasserie Blanc opens second hotel restaurant

26-Jul-2018 By Sophie Witts

Raymond Blanc has opened a second hotel restaurant under his Brasserie Blanc brand.

Mission Mars secures £10m investment to expand

25-Jul-2018 By Sophie Witts

Manchester’s Mission Mars hospitality group has received a £10m investment to expand across the UK.

What went wrong at Cau?

20-Jul-2018 By Sophie Witts

The closure of Gaucho's sister Cau restaurant chain is a warning on the tricky nature of spin-off brands.

Entire Cau chain to close with 540 job losses

19-Jul-2018 By Sophie Witts

The entire Cau restaurant chain has closed as its parent company Gaucho enters administration.

Gaucho to file for administration

18-Jul-2018 By Sophie Witts

The Gaucho restaurant group is preparing to file for administration, putting 1,500 jobs at risk.

Corbin and King's The Beaumont hotel up for sale

18-Jul-2018 By Sophie Witts

Restaurant group Corbin and King's London hotel The Beaumont is reportedly on the market for more than £100m

Gaucho seeks rescue deal to cover unpaid tax bill

16-Jul-2018 By Sophie Witts

The Gaucho group is at risk of falling in to administration if it is unable to secure a sale to cover an unpaid tax bill.