D&D: Bluebird Chelsea owner gets £40m boost from new investors October 16, 2023 The business behind such popular London haunts as Bluebird Chelsea and Coq d’Argent is set to be bought by investment firm Breal Capital and Byron Burgers chain owner Calveton, as it looks to raise funds following a challenging period for the hospitality sector. D&D London, which started out as Sir Terence Conran’s Conran Restaurants, said [...]
Veganuary: Try this ‘completely revolutionary’ vegan steak January 8, 2024 This vegan steak is available in London supermarkets this year
UK nightlife and hospitality ‘teetering on brink’ of collapse as government intervention urged January 17, 2024 The UK’s hospitality and nightlife sector is “teetering on the brink” of collapse, industry voices have warned, after a number of high profile closures have piled pressure on the government to provide more support. Less than a month into the new year, it has been reported that up to 43 hospitality venues across Britain face [...]
Zizzi and Ask Italian owner Azzurri heralds strong year as it keeps building after Covid February 12, 2024 Hospitality investment firm behind popular eateries such as Zizzi, ASK and Coco reported strong revenue growth last year as it looks to build on new brands.
Allianz loses appeal in Covid-19 business interruption case January 16, 2024 Allianz has lost an appeal in a major Covid-19 business interruption claim in a decision that looks set to close a chapter of major court battles linked to such disputes.
Wagamama owner TRG dines out on cost savings as closure programme continues July 19, 2023 Wagamama owner The Restaurant Group (TRG) has seen revenues rise despite the cost of living crisis, it confirmed this morning, with plans to reduce overheads with a raft of closures continuing apace. Like-for-like sales in its most popular chain, Wagamama grew 21 per cent in the two weeks to 16 July 2023, despite trading being [...]
HS2 may never open at Euston. But it might kill Drummond Street’s Indian restaurants anyway. September 2, 2023 Tehreem Riaz, 53, has lived on London’s Drummond Street almost her entire life. Known for its vibrant atmosphere and Indian cuisine, the area is home to some of the capitals’ oldest South Asian restaurants and is the birthplace of household brand Patak’s Pickles and the national Indian sweet shop, Ambala Sweets. Riaz and her parents, [...]
TGI Fridays owner posts flat earnings as Christmas holidays boost revenue amid cost-cutting drive January 16, 2024 Owner of chain restaurant TGI Friday’s said revenues were flat during the second half of the year, amid a cost cutting drive for the group.
The Fat Duck: Group behind Heston Blumenthal’s restaurant slips into the red June 11, 2024 The group behind celebrity chef Heston Blumenthal’s restaurant The Fat Duck has slipped back into the red as it continues to battle with rising wages and running costs.
Frankie & Benny’s: Why this failing chain still holds a place in my heart June 4, 2024 Frankie & Benny's may be crap but my childhood self remains sitting in one of those booths, smile stained red