All news articles – Page 180
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Revolution Bars Group appoints interim people director
Former Loungers people director Caryn Savazzi will look after people development and become part of the group executive team
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Simon Townsend joins Adnams as NED
The former Ei Group chief exectuive is also a non-executive director at Côte Restaurants
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Stonegate looking to sell 1,000 pubs to pay off debt
The TDR Capital-owned group is looking to raise an estimated £800m from the sale of the pubs, with real estate investment bank Eastdil Secured appointed to advise on the planned sale, according to a report.
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Hickory’s saw like-for-likes up 30% last year
The barbecue and smokehouse restaurant group, acquired by Greene King in October, said it had repaired the damage to its balance sheet done by the lockdowns.
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Hospitality anticipates 82% rise in energy bills
The sector is expecting to see their energy bills almost double once current government support is lifted in April, according to a new survey.
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McDonald’s Raise the Arches campaign hits the right note
Recently launched in the UK, the marketing campaign – which never mentions the brand name – has been driving customer engagement
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Rail strikes forecast to cost hospitality £100m in lost sales
UKHospitality said the sector continued to be “collateral damage” in the dispute which will see trains cancelled over two days this week
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Hospitality employees increasingly receiving education on diversity and inclusion
Employees believe progress towards inclusion in the workplace has been made since 2020, according to Be Inclusive Hospitality
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UK growth to fall behind Russia
The IMF has forecast Britain will be the only leading economy to slide into recession this year, as household spending struggles with high energy prices and rising mortgage rates
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Boo Burger builds pipeline
The fresh fast food franchise has opened in Birmingham, with sites in Manchester, Derby, Preston and a third in Leicester to follow
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Late night sector expects no benefit from new Energy Relief Scheme
A flash poll of members of the Night Time Industries Association found that 40% of businesses will lose money under the revised scheme
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TriSpan acquires stake in Mowgli
The global private equity firm is backing the continued expansion of the Indian street food concept, led by Nisha Katona, which has a significant future pipeline in place, including its Brighton restaurant which opens next month.
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Business optimism has grown in new year
Overall confidence levels among UK companies increased by to 22% this month – its highest level for the past six months, according to the Lloyds Bank Business Barometer.
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BoE poised to raise interest rates again
The financial markets are expecting a 0.5 percentage point increase in the central bank’s base rate, to 4% – its highest level since the 2008 financial crisis.
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Capco sees strong trading in Covent Garden
The West End property company, soon to merge with Shaftesbury, said it saw leasing momentum in its targeted categories, including new signings such as Gaucho
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Caffè Nero pushes sales past pre-pandemic levels
The coffee shop business saw UK sales in December averaging 110% of pre-Covid levels.
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How Lancashire’s Ribble Valley became Britain’s gastropub capital
With villages around the town of Clitheroe now home to three of the UK’s top 50 gastropubs, The Guardian reports on this unique north-western take on pub dining
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How to eat out at expensive restaurants on a budget
Noma may be closing, but fine dining in the UK is hotter — and more expensive — than ever. So can you do it on a shoestring, the Sunday Times asks
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Why global food supplies are at risk despite falling crop prices
Geopolitical uncertainty, volatile energy markets, and climate change all pose a threat, the Financial Times reports
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How the fancy pub with rooms conquered Britain
These well-funded spruce-ups are a great improvement, but they’re forcing out idiosyncratic boozers, The Telegraph reports