By M&C Report team2012-09-18T07:07:00+01:00
Private equity firm Cain International has acquired Prezzo from previous owners TPG as a going concern.
Shake Shack is to open its latest delivery only kitchen this week in Reading.
Pizza Express will cut 1,300 roles across its estate as it looks to reduce its UK team. With job losses expected at all of its 370 sites, the business has said it has had to make the difficult decision as a result of declining footfall since September and poor city centre trade. The reduction will take place through a combination of voluntary and compulsory redundancies, and it is hoped the newly downsized team will place the business in a better position to prepare for 2021 and beyond.
Issuing further financial support for hospitality would be a “good policy decision” for Government if they wish to see a fast-paced recovery, Whitbread CEO Alison Brittain has said.
Burger brand Meatliquor is to open a temporary drive thru restaurant next month in North Finchley.
Leon has added a carbon-neutral range to its fast-food menu in a bid to bolster its environmental credentials.
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