All news articles – Page 49
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Tortilla sees revenue decline after overhauling delivery partnerships
CEO Andy Naylor said the UK business had “lost momentum” at the start of the year, and the company had to make some “big decisions to overhaul the trend”
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Benito’s to make roadside debut
The fast-casual burrito brand from Elangeni Hospitality Group will take a former Tortilla site at Leeds Skelton Lake services
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Pub garden smoking ban ‘will happen’
The policy could involve exceptions such as separate areas where smoking is permitted, according to UKH deputy CEO Allen Simpson
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CAMRA appoints new chairman
Ash Corbett-Collins has served as vice chair since November and replaces Nik Antona, who will step down due to ill health after more than five years with the organisation
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Stonegate partners with remote working app
More than 700 of the pubco’s venues will be available to book through the Reef app, which charges remote workers a monthly or annual subscription fee
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Giggling Squid sees strong like-for-likes in 2024
The Thai restaurant group reported a 12% increase in like-for-like site EBITDA for the full year to 31 March 2024, with revenue up 4.3% for the year.
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D&D London investors in talks to rescue TGI Fridays
Breal Capital and Calveton are in advanced negotiations to take on TGI Fridays’ British franchise, and are likely to take on around two-thirds of the 89-strong estate, Sky News reports
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UK is fastest growing low alcohol beer market in the world
The IWSR said a post-Brexit overhaul of alcohol duties has spurred brewers to take advantage of lower rates by launching new or revamped products below 3.5% ABV
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RedCat Pub Company to invest £8m in pub and inn estate
The cap ex programme will be rolled out over the next six to 12 months, with 18 pubs and six coaching inns due to benefit from investment in areas including team training and the venue’s offer
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Wingstop UK appoints new head of acquisitions
Adrian Saunders, who has previously worked with The Restaurant Group and Byron, will play an integral part in Wingstop’s expansion drive
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Reeves considering raising alcohol duty in Budget
The drinks industry has warned the move would be counter-productive and lead to lower revenues which could have a “catastrophic” impact on pubs.
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UKH: Mass closures without urgent business rates solution
Substantial, deep reform of the system is not possible before rates relief ends on April 1, but a reduced multiplier can be a permanent, universal solution, according to UKHospitality deputy CEO Allen Simpson
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Regulatory landscape threatens future of British pub
Think-tank Localis is urging the government to launch a taskforce to clear obstacles that endanger the beer and pub sector, with its new report to be issued at the Labour Party Conference today
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Fulham Shore appoints new people director
Nicki Sahota was appointed earlier this month and will serve as people director across both Franco Manca and The Real Greek
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Five Guys UK revenue surges past £300m
The group reported £316.4m in revenue in 2023, alongside total revenue of £542.9m for its European operations as it continues its rollout across the continent
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Staff to be offered contracts after three months under zero-hours crackdown
Deputy Prime Minister Angela Rayner and Business Secretary Jonathan Reynolds held private talks with business and union leaders about a crackdown on zero hours contracts, The Telegraph reports
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Manchester Airport unveils £1.3bn upgrade
Highlights include a 472-seat food hall, a champagne and cocktail bar from Fever-Tree, and a pub from J D Wethersoons
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Velvet Taco to launch in London
The Dallas founded fast-casual concept which has nearly 50 stores in the US is launching in the UK early in the new year
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Shoryu Ramen sees ‘light at the end of the tunnel’
The Toridoll Holdings-backed Japanese restaurant concept expects to break even in 2024, and surpass pre-pandemic sales in 2025
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Sector faces business rates cliff edge
With no interest rates relief yesterday, UKH urged the government to introduce a lower, permanent and universal business rates multiplier for the hospitality sector