Finance
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NewsPremier Inn owner Whitbread under pressure to split its business
Corvex Management has disclosed a 6% stake in Whitbread and called for a strategic review of the FTSE 100 company
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NewsSixes calls in administrators
The experiential cricket concept has closed its Southampton site with immediate effect following a ‘challenging trading period’, with administrators now exploring a sale of the business
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OpinionLet’s raise a glass-half-full this Christmas
Despite a prevailing sense of gloom over costs, it was refreshing to hear some genuine positivity from hospitality leaders looking ahead to 2026
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NewsAll Bar One invests £2.3m to refurbish transport hub sites
The Mitchells & Butlers owned bar brand is overhauling sites in Birmingham and Edinburgh with design-led upgrades tailored to cater for the high-footfall locations
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NewsTurnover continues to slide for Patisserie Valerie as it swings to loss
The bakery business says it has taken ‘significant steps to simplify operations’ in its last financial year, as well as ‘improve efficiency and reposition the brand for long-term sustainable growth’
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NewsHospitality urges FCA to extend business insurance claims window by two years
Law firm Stewarts warns that thousands of hospitality businesses remain significantly out of pocket more than five years after the Covid-19 pandemic forced venues across the country to close
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NewsOttolenghi looks to further international expansion
The omnichannel restaurant group reported turnover of £36.6m for FY25, with a strong pipeline of both retail and overseas opportunities in place
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NewsWhitbread urged to review plans following Budget
Activist hedge fund Corvex Management said the higher business rates announced in last month meant meant Whitbread needed to reassess its capital plans and “overall strategic direction”
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NewsDrake & Morgan festive sales up 15%
The London-based bar and restaurant group reported ‘resilient’ full year numbers, with turnover flat at £44.5m
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NewsRevel Collective in talks with 'significant number' of potential buyers
The Revolution, Revolución de Cuba and Peach Pubs operator said none of the potential transactions being considered are expected to deliver any return to shareholders
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NewsGravity right-sizes debt obligations through CVA
The leisure and fitness activity park operator has secured approval from creditors for a company voluntary arrangement (CVA) proposal having been impacted by rising costs and soft consumer spending
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NewsRockfish reports growth in sales and profits
The Mitch Tonks-led seafood restaurant group has reported ‘another record year’ of results with turnover climbing to £15m and group EBITDA rising by more than 10%
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NewsIndian Brewery Company launches in Birmingham Airport in partnership with TRGC
Billed as ‘a significant milestone’ for the Indian Brewery Company, the new opening will bring the craft beer and street food business to three sites
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NewsBurger Boi launches first Morrison’s concession
The Wolverhampton-founded premium QSR chain has launched a site within Morrisons Manchester Piccadilly store with at least four further openings planned under the partnership
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NewsMichael Kill: ‘The Treasury have got the modelling completely wrong for revaluations’
The NTIA is questioning what checks on business rates the government carried out before the budget with its CEO telling MCA he believes the matter of revaluations will be readdressed
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NewsWingstop continues to accelerate expansion with triple opening
The fast-growing fried chicken chain begun the final full week before Christmas with simultaneous openings in Leicester, Nottingham and Glasgow
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NewsJohn Vincent looking to return Leon to expansion trail following turnaround plan
Vincent says he expects to be back on the expansion trail with plans for as many as 100 UK outlets, mostly in London, over the next four years
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NewsRapper Professor Green to launch fast food brand in Glasgow
Green says his new brand, which will open its first restaurant on Byres Road in the Scottish city in Q1 of 2026, is designed to ‘disrupt the fast food market’
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NewsSides to make Scottish debut next year with double opening
Managing director Aaron Moore-Saxton says expanding into Scotland has been ‘a huge ambition’ for the fried chicken chain, which recently revealed plans to double its estate each year
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NewsWhitbread CEO: ‘All our industry is asking for is fair treatment’
Writing in The Times, Dominic Paul says increasing costs and taxes will affect where businesses like Whitbread put their money