All news articles – Page 143
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Greene King MD heads to Everards
Andy Wilson, MD of destination brands, will be replaced by Jodie Tate, who is set to join from Asda
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BrewDog plans to triple estate
The brewer and bar operator aims to grow to more than 300 bars globally, with an eye on international markets including India, Italy, the Netherlands, and Thailand
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Further industrial action announced
Aslef has announced another week of summer industrial action, through an overtime ban from 31 July to 5 August
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SSP completes banking refinance
The new financing consists of a £300m four-year term loan and a currently undrawn £300m revolving credit facility provided by a syndicate of banks
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Pret reports return to profitability
The food to go chain reported half year sales were up 20.2% to £429.9m compared to 2022, as it moved back in the black for the first time since 2018
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Craft Union delivers ‘standout performance’
Stonegate said it delivered a “highly respectable performance” during the 28 weeks to 9 April, with group revenue up 9.3% to £904m
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McDonald’s toxic culture of harassment and bullying
More than 100 current and recent staff at UK outlets of the chain allege a culture of sexual assault, harassment, racism and bullying, according to a damning BBC investigation
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Wingstop pitched at fans of boxing and Love Island
The chain is “leveraging youth culture,” including music, sport, influencers, and TikTok, to create an image of a “Gen Z-esque aspirational lifestyle,” according to director Tom Grogan
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Stonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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Turtle Bay announces 'record year'
The Caribbean restaurant group reported record sales of £90.1m for the year ended April 2023, along with like-for-like growth of 32.6% vs 2019
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Tortilla announces progress on expansion
In a H1 2023 update, the Mexican concept announced record performances at its franchised sites with SSP, with further sites in the pipeline
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Uber lifts bonnet on £3.4bn UK revenue
Uber Eats contributed £700m to group revenue in the UK last year, taking market share from other delivery apps, The Times reports
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Britain plots hospitality ‘boot camps’ to tackle labour shortages
The ‘boot camps’ for the unemployed aim to fill over 100,000 vacancies in UK’s pubs and restaurants, The Telegraph reports
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End to alcohol tax freeze could see pub numbers fall further
Pub numbers could be set to decline as they brace themselves for an end to the freeze on alcohol tax, says finance specialist RIFT
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Loungers increases ambitions to 600 sites
Loungers continues to scale up operations with 34 sites planned for the current year, as CEO Nick Collins reveals it sees scope for 600 in total
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Sexy Fish, Tortilla, Chopstix and more
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UKH pushes government on energy bills support
UKHospitality CEO Kate Nicholls has urged business secretary Kemi Badenoch to work with the British Business Bank to change CBILS terms
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Brewdog: ‘Our roots will always be in hardcore craft beers’
Brewdog CEO James Watt has revealed his vision to create a top five global beer brand, but says its roots will always remain in craft beer
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Majority of households reduce spend on eating out
According to a report by IGD, 76% of lower income households are reducing spend on eating and drinking out, with 68% reducing the amount of food and drink consumed
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Women’s World Cup set to bring £115m to sector
Pub, bars and restaurants will generate £70.1m in drinks sales alone as the 2023 FIFA Women’s World Cup kicks off on 20 July, according to research by VoucherCodes