All news articles – Page 472
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NewsPierre White criticises Oliver for Brexit excuse
Marco Pierre White has claimed Jamie Oliver is “delusional” if he thinks the Brexit is one of the main reasons for the downfall of his restaurant empire.
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NewsUnBarred merges with Holler for Brighton brewhouse
Cult craft beer brand UnBarred is launching a new brewery and taproom after merging with Holler, MCA understands.
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NewsStar Pubs introduces own label and ethical wine ranges
Star Pubs & Bars has introduced its own Italian and ethical wine ranges as part of a large-scale range review.
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NewsEmployees’ financial wellbeing on agenda at CDG
Casual Dining Group (CDG) has introduced a new suite of financial services for its employees, including on-demand pay, across its brands.
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NewsBritish brewers decrease their CO2 emissions by 42%
The brewing industry has cut its CO2 emissions by 42% in the last decade – a reduction of 202,952 tonnes – according to research by the British Beer & Pub Association (BBPA).
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NewsUS franchise entrepreneur swoops on Wrap it Up
US restaurant executive and investor Aziz Hashim has bought a majority stake in World Gourmet Restaurants, the operator of grab and go franchise Wrap it Up!, MCA can reveal.
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NewsUnite seeks assurances over Greene King deal
Union Unite has said it is seeking assurances over job protection following the proposed multi-billion-pound bid for Greene King by CK Asset Holdings.
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NewsWingstop announces second site
Wingstop, the global wing concept, has announced its second UK site will open in Dalston Kingsland High Street.
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NewsPunch appoints Belither to ops team
Punch Taverns has appointed Robin Belither to its operations team.
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NewsBounce-operator appoints PE director
Social Entertainment Ventures (SEV), Adam Breeden’s competitive socialising company, has appointed Acropolis Capital CEO Cameron Chartouni as a director, MCA understands.
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NewsS Group founder takes on Reubens site
Lee Landau, the restauranteur behind Jewish restaurant group S Group, has acquired the former site of kosher restaurant Reubens in the West End, as the business looks to expand.
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NewsDarwin & Wallace heads east to Canary Wharf
Darwin & Wallace, the Imbiba-backed bar and restaurant group, has revealed details of its next opening, in Canary Wharf.
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NewsBid for Greene King valued at c.£4.6bn
Greene King has received an offer to acquire the business from CK Bidco – a newly incorporated wholly-owned indirect subsidiary of Hong Kong-based property developer CK Asset Holdings (CKA), in a deal valued at c.£4.6bn.
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NewsBrakspear’s managed pubs boost revenues
Brakspear parent company J T Davies & Sons increased turnover by 12%, to £31.8m, during 2018.
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NewsEditor’s Opinion: Uncertain Times
The sorry state of UK politics makes for a fascinating spectacle, but Brexit continues to undermine business. Now, courtesy of the new PM, a no-deal scenario is back on the table, injecting a further dose of uncertainty when the opposite was needed. No-one knows exactly what will happen in the event of no-deal, but for a business sector long beleaguered by Brexit, certainty beats uncertainty.
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NewsRestaurants hit by ‘turbulent times’
Restaurant numbers have dropped for the sixth quarter in a row according to the latest Market Growth Monitor from CGA and AlixPartners, with Italian restaurants hit hardest. Overall there was a 3.4% drop in restaurant numbers in the 12 months to June 2019, meaning an average rate of 18 net closures a week.
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NewsCabana calls in administrators, sold to Hush
Cabana Restaurants, the Jamie Barber-led Brazilian barbecue brand, has appointed administrators, with five sites sold to Hush Brasseries, another Barber-led group.
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NewsEggslut eyes 10 for UK
US-based casual dining brand Eggslut is looking to open around 10 restaurants in the UK in the coming years following the launch of its debut UK site in London’s Notting Hill, MCA’s sister title Big Hospitality reports.
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NewsSukhothai undergoes partial MBO
Thai casual dining group Sukhothai has undergone a partial management buy-out (MBO), with the current management team joining founders Gerrard Marks and Yupha (Ban) Kaewkraikhot as shareholders.
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NewsRed Oak Taverns buys 18 pubs from Wadworth
Red Oak Taverns has acquired 18 leased and tenanted pubs from Wadworth for an undisclosed sum. The pubs are all based in the south and south west which Red Oak said would “strengthen the strong regional bias of Red Oak’s existing estate” which now totals 179 pubs.