All news articles – Page 174
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Make mine a Babycham! Return of the drink that added sparkle to the 70s
The Showering brothers want a new generation to love the famous perry invented by their grandfather, The Guardian reports
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Caviar with your cappuccino? Welcome to the world’s poshest coffee shop
The Times tries a mocha (£7) and a slice of cake (£12) as the doors open on Claridge’s Café
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Picture is bleak for Cineworld investors
The debt-laden business expects any deal reached with its creditors to wipe out its shareholders, The Times reports
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Fruit and vegetable shortages could be ‘tip of the iceberg’, farming union warns
A reliance on imports is said to have left the UK vulnerable to ‘shock weather events’, The Independent reports
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Don’t increase corporation tax, three ex-chancellors tell Rishi Sunak
Lord Hammond, Kwasi Kwarteng and George Osborne join rebellion against policy as Budget looms, The Telegraph reports
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Scotland’s whisky and beer makers alarmed by mooted advertising ban
Drinks sector faces similar restrictions as tobacco under proposals designed to tackle alcohol-related problems, The FT reports
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from NQ64, Karen’s Diner, and more
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Grind launches charitable coffee foundation
It aims to begin reversing some of the damage caused by the coffee industry, with a committment to removing two coffee pods’ worth of plastic from the ocean for every Grind pod sold
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Veg shortages lead to soaring prices
Restaurants and pubs are not currently reporting widespread shortages, despite higher prices and supply chain disruption, according to UKHospitality
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Leon adds to London estate
The brand has opened sites in Earls Court and Hanover Square this week, following other recent high-profile openings including Southbank, Battersea and Brixton.
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Roger Wade launches new investment fund
The founder of Boxpark has launched an early-stage SEIS/EIS investment fund called BoxFund, which markets itself as supporting “people and ideas”
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Vaulkhard Group appoints new FD
Craig Bell has joined the North East leisure group having previously served as interim FD at Popeyes and FD at Red’s True Barbecue.
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Des Gunewardena plots his next move
The former D&D London CEO is preparing to launch a number of new individually-financed landmark venues in London and Manchester, MCA can reveal
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Shaftesbury and Capco merger due to complete next month
The merger between the two British landowners in London has been given the green light by the Competition and Markets Authority
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Julian Metcalfe joins Food to Go Conference as headline speaker
The founder and CEO of Itsu will take part in an exclusive fireside chat at the MCA conference on 7 March
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UK inflation could return to 2% from autumn
Economists have revised down their predictions for UK inflation, with Citigroup forecasting that consumer price growth could fall below the Bank of England’s spring target by this autumn
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Wells & Co targeting £15m EBITDA by 2028
The independent brewer and pub operator reported an 81% increase in revenue from continuing operations, to £55.2m, for the year ended 2 October 2022.
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KFC shakes up marketing function
Jenny Packwood had added interim CMO to her responsibilities, as Jack Hinchliffe heads to the California to work on Yum! portfolio brand The Habit Burger Grill
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Chesterford Group: ‘Fish and chips are yet to reach their price peak’
CEO James Lipscombe of the 38-strong company said industry prices are stabilising but yet to reach their peak
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JDW donates to healthcare provider as part of apprenticeship levy
The pub chain has donated £200,000 to home healthcare provider Cera to fund frontline healthcare apprenticeships