All news articles – Page 351
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NewsCloud-kitchen secures £1.47m funding
Kitchen Ventures, a cloud kitchen start-up from Rum Kitchen founder Jonny Boud, has received $2M (£1.47m) in seed funding, led by London Impact Ventures.
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NewsCosmo appoints Sierankowski COO
Cosmo, the all you can eat world buffet restaurant group, has appointed Roman Sierankowski as chief operating officer.
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NewsMarston’s has ‘significant liquidity’ for lockdown
Marston’s made pub revenues of £54m in the 13 weeks ended 2 January 2021.
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NewsPatisserie Valerie auditor faces £200m legal claim
The auditors of Patisserie Valerie is being sued for £200m after the café chain collapsed amid a suspected fraud.
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NewsDom’s Subs upcycles Subway site
Artisan sandwich maker Dom’s Subs is doubling up with a new site in the City of London.
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NewsM&B to explore equity raise to ease cash burn
Mitchells & Butlers is to explore an equity capital raise to increase its “financial and operational flexibility” in the face of significant lockdown cash burn.
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NewsArc Inspirations borrowed £5m “just to stand still”
Northern bar group Arc Inspirations has had to borrow £5m from lenders to survive the rolling lockdown restrictions, CEO Martin Wolstencroft has said.
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NewsUKH urges members to contact MPs ahead of hospitality debate
UK Hospitality has urged its members to write letters to their local MPs calling for urgent sector support.
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NewsDeltic sold for £10m
UK nightlife operator Deltic was bought out of administration by Rekom for £10m, accounts from administrator BDO have revealed.
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NewsJohnson: Lockdown rules could last until end of March
Hospitality venues could be facing enforced closure beyond Easter, with the latest lockdown restrictions potentially in place until the end of March, the Prime Minister has warned.
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NewsMcDonald’s suspends walk-in takeaway
McDonald’s has suspended walk-in takeaway in the UK and Ireland, though remains open for drive-thru and delivery.
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NewsBrains brewery may be relocated to England
Brains beer may be relocated to England due to a failure to find a buyer for the iconic Welsh brewery business, ITV News reports.
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NewsPret appoints former eBay director to exec team
Pret A Manger has appointed a new chief customer and growth officer.
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NewsGreggs forecasts £15m losses for 2020
Greggs’ sales fell 44% to £811m in the 2020 financial year, the bakery group has reported.
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NewsLatest support an immediate “lifeline” but “in vain” without a long-term plan
The latest round of coronavirus support announced by the Chancellor yesterday received a mix response from the industry, with many agreeing the supposed “lifeline” is far from enough.
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NewsHospitality to receive top up grants for latest lockdown
Hospitality, retail and leisure businesses could receive up to £9,000 in on-off top up grants to see them through the latest lockdown, chancellor Rishi Sunak has announced.
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NewsMcDonald’s launches ‘Click & Serve’ pickup model
McDonald’s has launched a new takeaway model across its UK restaurants this week, which aims to prevent long queues at its drive-thru sites.
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Pure launches online subscription service
Healthy to-go brand Pure has developed an online ordering platform and subscription service.
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NewsFlight Club set for Bristol debut
Flight Club, the Red Engine-backed competitive socialising concept, is set to open a new site in Bristol later this year.