All news articles – Page 220
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NewsCineworld on brink of bankruptcy after Covid slump
The world’s second-biggest cinema chain has warned it is in discussions to restructure the business, The Telegraph reports
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NewsStaff dig in to keep working from home
UK workers are now going into the office less than 1½ days per week. Some bosses are losing patience, The Sunday Times reports
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NewsMinisters plan energy crisis bailout for smaller businesses
Proposals come as ex-Ofgem boss urges more help for poor, The Sunday Times reports
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NewsIn pictures: Ivy Asia’s new interior design
The Ivy Asia restaurant chain is getting creative with lighting, to complement its luxury dining experience venues
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NewsIndividual Restaurants reports loss in 2021
The operator of the Piccolino, Riva Blue, and Restaurant Bar & Grill brands reported a loss of £8.2m for the financial year ending 27 March 2022
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Crepeaffaire to launch Crepe & Roll concept in Primark
The new concept, featuring a range of hand-rolled crepes, will launch on 22 September at the retailer’s Kingston store
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NewsEgo Restaurants makes ‘significant progress’
3Sixty Restaurants, which operates the Ego JV with Mitchells & Butlers, reported profit for the year to March 2022 of £3.8m, compared to a loss of £842k in 2021
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NewsJust Eat to dispose of iFood stake
The delivery company has announced it has entered into an agreement to sell its equity stake of around 33% in the iFood joint venture to Prosus, for a cash consideration of up to €1.8bn.
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NewsGreene King makes apprentice pledge
The pub operator and brewer has committed to taking on 5,000 new apprentices by 2025.
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NewsThe Alchemist sees sales treble
The Palatine-backed operator achieved a “very strong financial performance” in FY2021/22, with profit before tax of £2.35m, compared to a loss of £5.5m in 2021
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NewsOpenings of the week
MCA rounds up this week’s biggest openings, featuring new restaurants from Taco Bell, Shoryu Ramen, Comptoir Group, and more
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NewsBob Bob Ricard secures 'seven-figure sum' for expansion
The luxury London restaurant business has obtained additional growth capital funding from alternative lender ThinCats
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NewsDöner Shack appoints global franchise director
Nil Naik joins the senior team at the Berlin-inspired street food concept which has plans to open 150 restaurants in the UK and expand globally
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NewsNTIA: Inflation puts one in five businesses at risk
With inflation in July at 10.1%, one in five businesses are not confident they will survive the next 12 months, according to the Night Time Industries Association
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NewsWendy’s to launch ‘next gen’ restaurants
The global burger chain has announced it will be rolling out a ‘global next gen’ restaurant design as standard, with the first new look site due to open in 2023.
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NewsDimbleby calls for reduction in meat intake
Food tsar and Leon co-founder Henry Dimbleby has said the only way towards sustainable land use is a 30% reduction in meat consumption
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NewsCornish Bakery to make Scottish debut
The bakery chain will mark a national debut with an opening in Scotland this year and plans to open eight locations in the UK within 12 months
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NewsSoho House increases members
The private members club increased its UK membership by 20% in the last year from 45,277 to 54,764
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NewsFairgame secures £5m to fund expansion
The new competitive socialising concept has secured a £5m investment to fund expansion, with its first opening in Canary Wharf this September
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NewsInflation hits 10.1% in new 40-year high
In another record-breaking high, the consumer price index rose from 9.4% in June to 10.1% in July, according to the Office for National Statistics