All Professional Services articles
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NewsSixes calls in administrators
The experiential cricket concept has closed its Southampton site with immediate effect following a ‘challenging trading period’, with administrators now exploring a sale of the business
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NewsHospitality urges FCA to extend business insurance claims window by two years
Law firm Stewarts warns that thousands of hospitality businesses remain significantly out of pocket more than five years after the Covid-19 pandemic forced venues across the country to close
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NewsGravity right-sizes debt obligations through CVA
The leisure and fitness activity park operator has secured approval from creditors for a company voluntary arrangement (CVA) proposal having been impacted by rising costs and soft consumer spending
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Analysis & InsightWTF is happening with TGIs?
Once a powerhouse brand in the UK casual dining market, TGI Fridays now finds itself going through its third sale process in little more than a year
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NewsSugarloaf sounds out investors for TGI Fridays UK
Just a month on from acquiring the UK arm, TGI’s global brand manager has brought in financial advisory firm Interpath to explore strategic options for the 49-strong casual dining chain
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Analysis & InsightAlixPartners: ‘UK F&B market proving more resilient than the US’
While F&B is feeling the effect of consumer cutbacks, the impact is milder in the UK than the US, according to Graeme Smith, MD of the financial advisory firm
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NewsThe Coconut Tree sold out of administration
The Sri Lankan restaurant group has been acquired by a connected company with all seven restaurants set to continue trading
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NewsDeliveroo to launch in Dubai and Oz
Deliveroo, the online restaurant delivery platform, is launching its service into the UAE and Australia in the first week of November to open up new international markets
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News
Santander and restaurants sign up to card-linked marketing
Cardlytics, a card-linked marketing platform has signed up more than 100 UK retailers including Gourmet Burger Kitchen and Patisserie Valerie that allows retailers access to customers spending behaviour via the customers’ banks
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News
Hospitality colleges benefit from People 1st scheme
Hospitality colleges that have enrolled on the skills development charity People 1st’s accreditation scheme, in association with the Hospitality Guild, have seen increased revenue and higher quality of applicants to the courses, the group has said