All articles by Georgi Gyton – Page 88
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NewsWhitbread FD to step down
Nicholas Cadbury is to leave after nine years as group finance director at Whitbread in spring 2022.
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![Big Easy 2[3]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/7/1/9/247719_bigeasy23_629588.jpg)
NewsBig Easy lines up first restaurant outside London
The barbecue and lobster restaurant is to open a 6,100 sq ft site in Bluewater shopping centre.
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NewsD&D revenue hit as staff shortages suppress capacity
A lack of staff has meant the restaurant group has had to reduce covers, with the situation likely to worsen as Christmas approaches.
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NewsGiggling Squid builds dark kitchen presence
The Thai restaurant group has continued to achieve strong delivery and takeaway sales and plans to expand its delivery-only estate alongside a pipeline of restaurant sites.
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NewsShortage of door staff risking public safety
The late-night sector has struggled to fill vacancies since it reopened in July after many people left the industry due to the prolonged shutdown period during the pandemic.
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NewsGreggs and Leon products to be sold in premium Asda convenience stores
The ‘Extra Special’ store feature products from EG owned food-to-go brands and franchise partners.
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Analysis & InsightProportion of EU workers continues to decrease
The proportion of hospitality staff from the European Union (EU) has continued to decrease, with British workers filling more roles than ever, according to the latest data from software provider Fourth.
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Analysis & InsightIncreasing labour costs leave TRG ‘highly exposed’
The Restaurant Group’s (TRG) high labour cost to sales ratio, and lack of energy cost hedging, has contributed to analyst Peel Hunt cutting its target price by 30p per share.
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Analysis & InsightBK IPO: a whopper of a move?
With Burger King UK the latest in a flurry of restaurant operators said to be eyeing a public listing, MCA explores why now and what it could mean for the growth of the chain
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NewsTurtle Bay sees sales up more than 75% since May
The Piper-backed Caribbean restaurant chain has several new openings on the cards as it looks to grow its estate on the back of strong sales growth.
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Analysis & InsightEating out participation up 5%
The number of consumers choosing to eat and drink out rose 5% up the four weeks to 5 September 2021 to 56%, according to the latest data from Lumina Intelligence.
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NewsLuminar founder makes late-night return
Stephen Thomas, founder of Britain’s largest nightclub group Luminar, is making his return to the late-night sector with a new bar and nightclub business.
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Analysis & InsightWhy the PM’s ‘high skill, high wage’ plan fails to deliver
While developing homegrown talent should be encouraged, wages are just one factor in solving the labour shortage
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NewsCaring group secures new banking facility
Richard Caring’s restaurant group Troia Limited has secured a new £168m revolving credit facility, covering Caprice Holdings, The Birley Group and Troia UK Restaurants
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NewsETM suffers ‘unprecedented challenges’ pushing up losses
ETM Group has reported turnover of £6.8m for the full year to 28 February 2021, down from £31.6m in the previous financial year.
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NewsFounder of Grubhub steps down from Just Eat
Matt Maloney joined Just Eat’s management board following its completion of the acquisition of Grubhub in June, and steps down to pursue other opportunities.
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NewsBrighton Pier Group settles £5m business interruption claim
Full year earnings at Brighton Pier Group are expected to be £2m higher than market expectations on the back of the settlement
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NewsTortilla begins trading on AIM
Tortilla’s admission to AIM this morning comes alongside the completion of a fundraising which has raised gross proceeds of £5m for the company and £23m for selling shareholders.
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Analysis & InsightThe future of breakfast on the go
With the number of workers returning to offices unlikely to return to pre-pandemic levels we explore what impact this will have on the food to go breakfast market as well as the opportunities it could create
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NewsHarts Group plans three-in-one opening
Harts Group is to open new Barrafina, Parrillan and Bar Daskal venues at Borough Yards early next year.