Business & Legislation

Subway nears $9.6bn sale to Arby's owner Roark Capital

Subway nears $9.6bn sale to Roark Capital

By James McAllister

Sandwich giant Subway is set to be acquired by Roark Capital, the owner of US chains Arby’s and Buffalo Wild Wings, in a deal worth $9.6bn.

Neat Burger launches grab and go format

Neat Burger launches grab and go format

By Restaurant

Vegan fast food brand Neat Burger has resumed its expansion push in the UK with the opening of two sites this month, including a new format.

Sunak urged to reassess rise in worker visa fees

Sunak urged to reassess rise in worker visa fees

By James McAllister

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.

Turtle Bay toasts record sales with like-for-like growth of 32.6%

Turtle Bay toasts 'record year'

By Shwetali Sapte

Turtle Bay has reported record sales of £90.1m for the year ended 2 April 2023, up 5.5% on the prior year.

Credit: theaccessgroup.com

Access Group acquires ResDiary

By James McAllister

Access Hospitality, part of the Access Group, has acquired booking and table management platform ResDiary for an undisclosed sum.

UKH pushes government on energy bills support by amending the terms of emergency loan schemes set up during the Covid pandemic

UKH pushes Government on energy bills support

By Hannah Currie

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.

Prezzo restructuring approved by High Court

Prezzo restructuring approved by High Court

By James McAllister

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’.

JKS' Apprenticeship Academy to return

JKS' Apprenticeship Academy to return

By Restaurant

Restaurant group JKS has announced its Apprenticeship Academy will return for a second year following its successful launch in 2022.

San Carlo Italian restaurant group sees turnover rise

San Carlo toasts turnover boost

By Restaurant

Turnover for Italian restaurant group San Carlo has risen by 137% to £68.9m, up from £29.1m the year before.

Shake Shack UK operator Diverse Dining sees losses widen

Shake Shack UK operator sees losses widen

By Georgi Gyton

Diverse Dining, which operates the Shake Shack brand in the UK, has seen losses widen despite sales returning close to pre-pandemic levels.

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