Business

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

Polpo to enter CVA with planned closures

08-Mar-2019 By Sophie Witts

The Polpo restaurant group is to enter in to a Company Voluntary Arrangement (CVA) after plans were approved by 98% of creditors today (8 March).

Rockfish secures funding for Poole and Weymouth openings

07-Mar-2019 By Sophie Witts

Chef Mitch Tonks has secured a seven-figure finance facility from HSBC UK to support the opening of three further Rockfish restaurants in 2019.

Giraffe and Ed's Easy Diner restaurant closures revealed

07-Mar-2019 By James Wallin

The list of Ed’s Easy Diner and Giraffe sites to close under the Company Voluntary Agreement (CVA) covering the two brands has been revealed.

Flight Club and Bounce owner eyeing major US rollout

06-Mar-2019 By Sophie Witts

The CEO of Bounce operator Social Entertainment Ventures has said there is potential for the company to open in up to 70 metropolitan areas in the United States.

Pergola operator secures £5m funding towards expansion

05-Mar-2019 By Sophie Witts

Incipio Group, which operates London's Pergola food courts, has secured £5m funding to open six sites over the next 18 months - including its first outside the capital.

Boparan to close 27 Ed's Easy Diner and Giraffe restaurants

04-Mar-2019 By Stefan Chomka

Boparan Restaurant Group (BRG) is the latest casual dining group to explore entering into a Company Voluntary Arrangement (CVA), with the company looking to close 27 of its Giraffe and Ed’s Easy Diner restaurants.

Pizza Hut confirms it is testing own delivery options

04-Mar-2019 By Georgi Gyton

Pizza Hut has confirmed it is exploring delivery through Deliveroo in areas where there is currently no service provided by its brand-owner Yum! Brands.

Grind set for third and 'final' crowdfunding drive

04-Mar-2019 By Sophie Witts

London coffee, bar and restaurant group Grind is to launch its third round of crowdfunding this Friday (8 March).

Casual Dining Group focusing on delivery-only brands

01-Mar-2019 By Sophie Witts

Bella Italia, Las Iguanas and Café Rouge operator Casual Dining Group (CDG) will focus on developing its concessions and delivery-only businesses this year because it has “never been more competitive” for high street restaurants.

Carluccio’s CEO: “We were two weeks from going under”

01-Mar-2019 By Sophie Witts

The CEO of Carluccio’s has said the restaurant group would have folded within two weeks if it had not entered a Company Voluntary Agreement (CVA) last year.

Gary Usher to launch £100k crowdfund for Kala

28-Feb-2019 By Sophie Witts

Gary Usher is making a reluctant return to crowdfunding in order to fill a £100,000 hole in the budget for his upcoming central Manchester restaurant, Kala.