All news articles – Page 15
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NewsJW Lees hits record sales as cost pressures loom
The Manchester-based brewer and pub operator reported turnover of £99.9m for the year to 31 March 2025, up 4.3% on the prior year
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NewsRed Oak Taverns reports record sales
The leased & tenanted pub company posted revenues of £23.5m, an increase of 21% year-on-year
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NewsShake Shack UK reports £1.6m profit amid expansion
Diverse Dining reported a profit of £1.06m for the year ending 31 December 2024, compared to a £764k loss the previous year
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NewsHospitality workforce continues to shrink amid rising costs
New ONS labour market figures show continued contraction in hospitality employment, with payrolled staff in accommodation and food services falling to 2,100,827 in May 2025
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Heartwood, Pick & Cheese, Brunning & Price, and more
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NewsOasis tour provides £4m boost to Cardiff venues
Oasis will continue their tour in Manchester, London, and Edinburgh, with hospitality venues expecting a significant boost to city centre trade
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NewsBone Daddies reports another ‘strong year’
The 10-strong Japanese restaurant group increased revenue by 4.3% to £18.8m in FY24
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NewsDiageo CEO Debra Crew departs
The drinks group has begun a formal search for a replacement, with CFO Nik Jhangiani assuming the CEO role on an interim basis.
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NewsCalls mount for government support as inflation and EPR fees hit hospitality
UK inflation unexpectedly rose to 3.6% in June, exceeding forecasts and reinforcing concerns around cost pressures for hospitality and late-night operators
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NewsCoppa Club appoints ops director
Rob Rigby spent 13 years at Young’s Pubs, where he worked with Various Eateries CEO Mark Loughborough
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NewsFrankie & Benny’s brings back ‘Kids Eat Free’ deal
TGI Fridays, Greene King, Whitbread, Azzurri Group and Burger King also have offers for childrens’ meals
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NewsThe Sushi Co breaks sales records
The 21-strong fast casual concept increased sales by more than 16% year-on-year, with a 12% rise from Q1 to Q2 2025
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NewsConsumer card spend dips in June
Barclays’ latest Consumer Spend report shows essential spend fell by 2.1%, while non-essential spend edged up 0.8% – the lowest discretionary growth rate since November 2024
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NewsStonegate takes over Frontier Pubs
Stonegate has bought the remaining stake in its joint venture with Dame Karen Jones and Pioneer Hospitality, with 15 sites set to join the group’s Pub Partners business
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NewsPasta Evangelists looks to US market
The Barilla-owned restaurant group can become an ‘owner’ in the Italian cuisine space, co-founder Alessandro Savelli has said
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NewsBrunning & Price ready to step up acquisitions
The Restaurant Group-owned pub company is actively seeking new sites to grow its c.89-strong portfolio after a “relatively quiet 2024”
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NewsGreene King sets out proposals for business rates relief
The pubco recommends the business rates multiplier for pubs should be reduced by 20p, and that rates should be calculated based on profit rather than turnover
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NewsHonest Burgers appoints new CEO
Former CFO and interim CEO Matt Brandon is stepping up to lead the brand, following the departure of Kevin Styles after just six months in charge
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NewsHoni Poke: ‘We wanted to solidify our position as a market leader’
The group sees longer term potential for 100 sites following its acquisition of Island Poké, with an eye on other European markets
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NewsVarious Eateries extends bond
The Coppa Club and Noci operator is to reissue its deep discounted bond with Friends Provident International, tied to investor Hugh Osmond