All news articles – Page 125
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Britain’s pork pie supply at risk as rising costs bite
The iconic British snack faces disruption from inflation and the war in Ukraine
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Five Guys continues to see ‘strong growth prospects’ in UK
The burger chain has reported financial results for 2022, with revenue of £452m for its stores across the UK, France, Spain, and Germany
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Mark Crowther appointed Darwin & Wallace chairman
Patrick Wilson has stepped down as chairman for the neighbourhood bar brand, and will be replaced by Mark Crowther, who currently sits as a non-executive director
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Liberation Group appoints new ops director
Simon Griffiths will be responsible for overseeing operations for Butcombe Pubs & Inns in England and Liberation Pubs & Bars on the Channel Islands.
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Greene King launches new supplier platform
Called Greene King Engage, the platform is intended to boost engagement with suppliers on ESG and to build collaboration in the wider sector to reach net zero
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Beavertown Brewery increases turnover
The Heineken-backed craft brewer saw total revenue increase to £71.7m in the period ended December 2022, compared to £65.1m the previous year
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Wetherspoon returns to pre-pandemic strength
The 826-strong pubco has reported revenue of £1,926m in FY23, beyond FY19 levels and driven by like-for-like growth across food, drink, and accommodation
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Inn Collection Group appoints new CFO
Joe Bernhoeft replaces Paul Edwards as CFO, after five years at outerwear retailer Barbour
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Dubai’s Saddle Café debuts in London
It marks the Dubai-based brand’s second international market after an opening in France earlier this year
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BP sets ambitious growth targets for convenience business
BP is planning to invest between £7-9bn in convenience and EV charging in the next seven years, according to Jo Hayward, VP Convenience Retail, Europe
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In pictures: Bébé Bob
Bob Bob Ricard has launched its new casual restaurant in Soho, specialising in rotisserie chicken and representing a new direction for the group
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Noci, Rudy’s Pizza, Shake Shack and more
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James Hart bids farewell to Harts Group
James Hart, chief design officer of the Harts Group, is to move on from his role to launch his own design company, Harts Creative
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Ivy Collection turnover surpasses £300m
The Richard Caring-backed restaurant chain has grown turnover by more than £100m in 2022, driven by expansion of the Ivy Asia brand
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Stonegate to raise new debt
Stonegate Group is working on options to raise new debt against 1,000 pubs, as plans to sell off the portfolio have so far been unsuccessful
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New Advanced British Standard will benefit hospitality
UKHospitality said putting vocational education on the same footing as academic education was long overdue
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1 in 3 jobseekers considering hospitality
One year after the launch of Hospitality Rising’s ’Rise Fast, Work Young’ campaign, one in three jobseekers are considering hospitality as a sector in which to work, compared to one in five in 2021.
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National Living Wage increase ‘a token gesture’
The increase is timed at the industry’s expense and is a “slap in the face” for hospitality, according to the Night Time Industries Association
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Krispy Kreme to consider sale of Insomnia Cookies
Krispy Kreme is exploring strategic alternatives for late-night bakery concept Insomnia Cookies, which is due to make its UK launch this year
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Tortilla: ‘There’s still plenty of ground to go in the UK’
CEO Richard Morris speaks to MCA about the potential for a breakfast offer, breaking hourly records with kiosks, and launching in Europe but remaining focused on the home market