All news articles – Page 348
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NewsThunderbird makes suburban debut
Trispan-backed fried chicken concept Thunderbird has launched its third dark kitchen.
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NewsBanana Tree sees delivery growth from outside London
Indochinese restaurant operator Banana Tree has found that growth in delivery sales during the pandemic has increased five-fold outside the capital, director Anne Chow told MCA.
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NewsFurlough extension under consideration
Chancellor Rishi Sunak could be considering a further furlough extension in the upcoming budget, the Telegraph reports.
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NewsTen Entertainment sales down 55% in 2020
Ten Entertainment Group, the 46-strong family entertainment company, has reported a 56.9% loss in sales for the 52 weeks to the end of December 2020.
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NewsHawthorn ‘remains bullish’ in Q3 investments
Hawthorn, the NewRiver-owned community pub company, more than doubled its planned CAPEX spend for the third quarter, and added an extra 61 sites to its investment programme.
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NewsUK Hospitality calls for business rates holiday and VAT cut extension ahead of budget
Hospitality must be granted an extension of the business rates holiday and VAT cut if it is to contribute to the country’s 2021 recovery, UK Hospitality has said.
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NewsFigo eyes post pandemic London
Romet Group will look to take advantage of property opportunities post-pandemic to grow its Italian restaurant Figo to 12 sites.
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NewsSSP menus cut by up to 60% during pandemic
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
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NewsSlow post-Covid recovery predicted for hospitality sector
The hospitality sector is expected to see some of the slowest rates of post-Covid recovery, according to the latest EY Regional Economic Forecast.
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News‘Scandalous’ delay in grant support for pubs
Three in four wet led pubs (74%) are still yet to receive their Christmas grant promised to them at the beginning of December 2020.
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NewsRed Oak Taverns acquires three pubs
Red Oak Taverns, the independent pub operator, has completed the acquisition of three pubs from Reclamation Inns for an undisclosed sum.
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NewsBurger King drives through recovery
Burger King UK has “recovered significantly” from the impact of coronavirus, due to its ability to trade through lockdowns, and drive through restaurants.
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NewsHop Vietnamese acquired by founder in accelerated sale
Hop Vietnamese has been acquired in an accelerated sales process to a new entity controlled by founder Paul Hopper.
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NewsWetherspoon raises £93.7m in new equity
J D Wetherspoon has raised £93.7m investment following a share placing, which it help with low sales upon reopening, and acquisitions in London.
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NewsWetherspoon seeks £94m in share placing
Wetherspoon has announced plans for an equity placing to raise proceeds of up to £93.7m.
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NewsRooney Anand raises £200m for pub investment vehicle
Former Greene King CEO Rooney Anand has raised £200m to invest in Britain’s pubs sector, Sky News reports.
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NewsDishoom debuts in Cambridge
Indian restaurant concept Dishoom has launched its newest delivery kitchen in Cambridge.
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NewsDeliveroo appoints Wolfson to board
Deliveroo has appointed Lord Simon Wolfson, former CEO of Next, as a non-executive director.
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NewsFireaway Pizza aims for 100 in 2021
Takeaway pizza concept Fireaway has launched its 50th site today, with a further 50 new sites to open over the next year.