All news articles – Page 145
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Maven Leisure ventures North
The 3,600 sq ft, 176-cover sports bar & kitchen will open in Angel Central’s first floor
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Jeremy King reveals new project
The Park will be a 21st Century-style grand cafe & brasserie, and will open in the £500m Fenton Whelan Park Modern building, overlooking Hyde Park
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Bar and pub spend fuelled by warm weather
Spending at pubs, bars and clubs increased 8.4% in June - its biggest boost since January this year, according to Barclays
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M&B ‘can act like a private equity co’
Mitchells & Butlers chairman Bob Ivell told MCA’s Pub Conference that the 57% ownership by Odyzean enables the managed pub and restaurant company to act with a more long-term approach than its public-listed peers
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Oak Taverns completes £2.5m refinance
The loan from Cynergy Bank puts the Oxfordshire-based operator in a “great position to grow”
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Sector remains short-staffed going into summer
Vacancies in hospitality remain 48% higher than pre-Covid, with many businesses reducing trading hours during the peak holiday season
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McMullen’s surpasses £100m turnover
The brewer and pub operator reported results for the year to October 2022, achieving over £100m in turnover for the first time in history - although cost inflation eroded margins
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Ivy staff anger after restaurant chain cuts their share of service charge
The Guardian explores claims that staff at The Ivy Collection restaurant group are losing out after the company cut their share of the service charge paid by diners
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Stuart Broad pub group targeting growth after devastating pub fire
This is Money speaks to England Cricketer Stuart Broad about his ambitions to scale up his two strong pub group to a total of ten in the next ten years…
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Empire Cinemas collapses into administration
Six cinemas in the chain have closed, with a further eight under threat, BBC News reports
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Drivers must pay price for lower food bills, says Sainsbury’s boss
Supermarket responds to criticism that it is using motorists as ‘cash cows’, The Telegraph reports
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Neds Noodle Bar: ‘We’d love to do a trade deal’
Co-managing director James Breslaw tells MCA the business is looking for a trade deal opportunity as the brand expands through franchising
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Boom Battle Bars goes international
XP Factory is to open its first overseas Boom Battle Bar in Jumeirah Beach, Dubai, this month, following a ‘transformational year’ of trading
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RMT announces strikes on London Underground this month
The RMT has announced a fresh set of strikes on the London Underground from 23-28 July
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Moto Hospitality surpasses £1bn turnover
The 69-strong operator reported a ‘robust’ post-pandemic recovery in 2022, with turnover rising by 34% on the prior year
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Hargreaves Lansdown: JDW widening appeal should provide resilience
JDW’s widening demographic should provide resilience as its value perception helps it through headwinds, according to analysts
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Bao, Heartwood Inns, The Avocado Show and more
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Five Guys partners with Uber Eats
The American burger chain is now available to order in 12 cities on the delivery platform as it celebrates 10 years in the UK
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Various Eateries brings on new FD
Connie Salmon has been appointed finance director by the Coppa Club, Tivoli, and Noci operator
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Ivy Collection appoints marketing director
Jasper Cheung, formerly of Mandarin Oriental Hotel Group, has been appointed marketing director