Pieminister serves up just £1,000 profit after absorbing costs to keep menu prices down February 6, 2024 Pieminister made a pre-tax profit of just £1,000 during its latest financial year after absorbing rising costs in a bid to keep menu prices down as much as possible.
London venues warn they will haemorrhage sales if rail strikes go ahead this Christmas December 5, 2022 London restaurants have warned they will haemorrhage sales should planned railway strikes go ahead this month, as union bosses rejected a new pay offer over the week. Searcys champagne bar and restaurant chain, which has venues at the Gherkin and St Pancras International station, said it was worried it would take a 30 per cent [...]
The Square Mile and Me with Rowland Thomas on the energy of the City and its changes over time July 20, 2023 Each week we ask a City figure to take a trip down memory lane. Today, it’s Rowland Thomas, Close Brothers property finance managing director What was your first job? At the local greyhound kennels spreading sawdust on the training runs. I was accidentally paid double rates – £1 instead of 50p per hour – which [...]
London named entrepreneurship capital with half of power list based in the big smoke February 6, 2024 London has been named home to over half of the UK’s newly-revealed leading young entrepreneurs to watch out for. Of the 188 young business founders making up entrepreneurial research platform Hurun UK’s Under30s and Under35s lists, 116 have their ventures based in the capital. Rupert Hoogewerf, Hurun Report chairman and chief researcher, said the research [...]
Harvey Nichols: Customers returning to luxury department store chain helps sales pass £200m and slash losses April 24, 2024 More customers choosing to shop at Harvey Nichols helped sales pass £200m for the first time since the pandemic, according to newly-filed accounts.
London Stansted gets go-ahead for terminal extension in drive to create 5,000 jobs October 31, 2023 London Stansted Airport has been granted permission to extend its terminal building, a plan that will help bring 5,000 jobs and £2bn in GDP.
Just Eat CFO steps down as group returns to profit July 26, 2023 Just Eat Takeaway has said its chief financial officer Brent Wissink will step down next May as the group revealed it made a profit in the first half of the year. Wissink, who has been with the company since 2011, will step down in May next year at the company’s AGM to puruse other “opportunities”, [...]
JD Wetherspoon boss Sir Tim Martin: ‘Dry January becoming minor cult’ while pubs struggle January 3, 2024 The boss of JD Wetherspoon, Sir Tim Martin, has said that Dry January is turning into a “minor cult”, as publicans across Britain brace for a slow month of trade. Sir Tim, who fronts the popular budget boozer, told City A.M that people have “always overindulged at Christmas and then tried to compensate in January”. [...]
Matt Hancock’s eating bugs to improve his image – will the same work for me too? November 17, 2022 Spare a thought for poor former health secretary Matt Hancock, who has been so drastically misunderstood that he’s had to fly all the way to Australia to eat bugs and worms and testicles to present his “human” side to the British public. “The honest truth is there’s so few ways in which politicians can show [...]
400 jobs saved in Dirty Martini deal June 13, 2023 Some 400 hospitality jobs have been saved thanks to Night Cap bar group’s acquisition of Dirty Martini and Tuttons Brasserie following a pre-pack administration sale for close to £5m. The deal includes five Dirty Martini bars in London and five across Birmingham, Bristol, Leeds, Manchester and Cardiff. Tuttons Brasserie, a restaurant in Covent Garden, which [...]