Inside track: Byng bows out from Byron

Tom Byng will step down from Byron, the brand he founded in 2007, early next year to “pursue various exciting ventures”. He leaves a concept he created as a now £80m-turnover business, with backer Hutton Collins turning to a new chief executive and chairman, both of which are experienced in operating established brands, that they hope will now cement Byron’s credentials as a national brand and one that eventually has an international presence.