All news articles – Page 18
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NewsHeineken warns of weak consumer sentiment
The Dutch brewer saw growing demand for its premium brands, but warned of a decline due to weak consumer confidence in some parts of Europe
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NewsValentine’s Day bookings up by 7%
Bookings for tables of two are up 15%, although the Galentine’s Day trend may be waning, according to payments company Dojo
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NewsDeliveroo COO to step down
Sky News reports Eric French will step down later this year, following reports of founder and CEO Will Shu’s planned departure
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NewsGreene King expands franchise pub concepts to Scotland
The pubco will roll out Hive Pubs and Nest Pubs in Scotland, building on their success in England, where Greene King operates over 70 franchise pubs
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NewsKFC opening flagship at The O2
The QSR brand is launching the 180-cover site next week, the first in a series of UK openings in 2025 in “key high-footfall locations”
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NewsBagel Factory targeting 40 locations this year
The 34-site business, owned by Italian food group Cremonini, reported a “significantly improved” performance in 2023, with turnover up 57.6% to £4.8m, according to its latest accounts.
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NewsGovernment eases apprenticeship rules for hospitality
The UK government has introduced key changes to apprenticeship requirements, addressing long-standing calls from UKHospitality to make training more flexible and accessible for the sector
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NewsFortress acquisition marks ‘new chapter’ for Loungers
Fortress has completed its acquisition of the hospitality group for £354.4m, with Loungers looking forward to accelerating its growth under new ownership
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NewsPret retains £5 monthly subscription fee after backlash
The chain has backtracked on a decision to increase the Club Pret membership fee to £10 per month, saying it wants to offer customers “fantastic value”
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NewsDeliveroo considers successor to founder CEO
Will Shu, who launched Deliveroo in London in 2013, could step down as CEO as soon as this year under one scenario discussed by the company’s board, Sky News reports
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NewsMarket Halls Paddington reveals line-up
BAO Night Market, Farm Girl, Souvlaki by Opso, Ashes Parrilla and Breddos are newcomers to the food hall operator
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NewsCosta drives down Coca-Cola’s coffee revenues
Costa Coffee’s performance in the UK led to a 3% decline in full year coffee revenue for parent company Coca-Cola
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NewsMJMK’s AngloThai awarded Michelin Star
Restaurateur Jason Atherton’s Row on 5 was also awarded a star, while Plates London became the first vegan restaurant to receive one
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NewsGino D’Acampo hotel partner taking claims ‘very seriously’
International hotel group Meliá, which has at least four UK restaurants linked with Italian TV personality D’Acampo, is “closely monitoring” the allegations against him
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NewsMcDonald’s names UK as one of most ‘challenged’ markets
The company’s Q4 results were partly offset by negative comparable sales in some markets, led by the UK, with new initiatives implemented to drive performance
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NewsVagabond strengthens leadership team ahead of expansion
The reshuffle includes internal promotions and external hires aimed at expanding its estate and driving customer engagement
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NewsHospitality spending grows despite consumer caution
Pubs, bars & clubs, and restaurants recorded 2.6% year-on-year growth in January, according to the latest Barclays Consumer Spend report
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NewsCornish Bakery accelerating expansion this year
The business has opened six new sites with “a further five under offer”, since its year end in May 2024, and is on target to achieve a significant uplift in EBITDA, to reach in excess of £5m in FY24/25
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NewsBeer bottles under threat from net zero targets
The introduction of the so-called ‘glass tax’ could result in an additional 7p per 500ml bottle resulting in many brewers ditching glass in favour of aluminium cans
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NewsNICs hit won’t blow The Ivy sale off course
The Ivy restaurant group is preparing for an additional £6 million annual hit from the increase in employer national insurance contributions, but it won’t derail plans for a sale of the business, it has been reported