Uhy Hacker Young

Debt pile grows for top restaurant groups leaving some 'in a precarious position'

04-Dec-2023 By James McAllister

The collective debt burden of the UK’s top restaurant groups has broken through the £3bn mark for the first time, new research by UHY Hacker Young shows.

UK’s top 100 restaurant groups see profits increase twelvefold

07-Aug-2023 By James McAllister

The UK’s top restaurant businesses have recorded a twelvefold increase in their profits, new research by UHY Hacker Young shows.

'Welcome surprise' as UK’s top restaurant groups return to profitability after four years of losses

09-Jan-2023 By James McAllister

The UK's top restaurant businesses have finally returned to profit after four consecutive years of losses, new research by UHY Hacker Young shows.

64% of the UK’s top 100 restaurant companies are now making a loss

08-Aug-2022 By Joe Lutrario

A record 64% of the UK’s top 100 restaurant companies are now making a loss according to research from accountancy group UHY Hacker Young.

UK restaurant insolvencies jump 64% in a year

25-Jul-2022 By Joe Lutrario

UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to 1,406 in the past year with 431 of the casualties occurring in the last quarter alone.

Losses grow to £800m for top 100 restaurants

13-Jun-2022 By Restaurant

Leading restaurant groups have seen their losses swell to more than £800m in the past six months.

Restaurant insolvencies jump by a fifth to highest levels since pandemic

14-Mar-2022 By Restaurant

Restaurant insolvencies jumped by a fifth in the last quarter of 2021 to reach highest levels since the Coronavirus pandemic began.

UK restaurant insolvencies jump 31% in last quarter

22-Nov-2021 By Joe Lutrario

UHY Hacker Young shows that the number of UK restaurant insolvencies has jumped 31% to 296 in the last quarter, up from 226 in the previous quarter.

Number of UK breweries grew 7.5% in 2020 despite pandemic

15-Mar-2021 By Joe Lutrario

The Coronavirus’ devastating impact on pub, bar and restaurant beer sales hasn’t put entrepreneurs off launching new brewing businesses, with the total number of UK breweries increasing by 216 last year.