How Gaucho’s boss has turned the once-troubled steakhouse into a success story January 17, 2023 Martin Williams – the man behind M Restaurants – and his partners pulled Gaucho out of administration in 2018. Since then he’s turned the brand into one of the hospitality industry’s shining lights, with profits up and expansion continuing. We ask him how he’s done it. ASK regular restaurant-goers what their biggest bug bear is [...]
Tencent leads $96m funding round into Dublin restaurant tech firm Flipdish January 13, 2022 Tencent has led a $96m funding round into Dublin-based restaurant tech firm Flipdish which values the firm at $1.25bn.
Gaucho and M owner delivers juicy growth again despite consumer fears February 8, 2024 THE RESTAURANT group behind Gaucho and M consolidated a bumper post-pandemic year in 2022 with double digit profit growth in 2023
Private equity backing has made casual dining market ‘lazy,’ Hestia boss warns April 27, 2024 The owner of a premium hospitality investment group which is targeting revenue of £100m over the next three years has said operators in the casual dining market have gotten “lazy” because of private equity backing.
The Park: A look inside Wolseley and Le Caprice restaurateur Jeremy King’s latest venture July 1, 2024 Called simply 'The Park', the new restaurant from Jeremy King, due to open in early 2025, will be the jewel in the crown of a £530m residential development.
The City A.M. Awards: A glittering night in the Square Mile March 2, 2023 The great and the good of the Square Mile gathered at the Guildhall on Thursday night for the annual City A.M. awards – with Aviva boss Amanda Blanc walking away with the coveted ‘personality of the year’ award. Blanc’s award came at the end of an evening of celebrations and speeches – with the afterparty [...]
Burger King plots 200 new UK restaurants as fast food giant eyes whopper £600m London float April 25, 2022 Burger King is eyeing an additional 200 restaurants in the UK over the next four years, after “significant under-penetration” in the country’s market. The burger chain, which has been eyeing a London float since last year, said its adjusted EBITDA nearly tripled to £49.5m. In results for the year ended 31 December, the fast food [...]
TRG offloads Frankie & Benny’s and pays Cafe Rouge owner £7.5m to do so September 11, 2023 Big Table Group will receive £7.5m for taking Frankie & Benny's & Chiquito off The Restaurant Group's hands
Almost a quarter of London residents have seen a ghost, Halloween survey reveals October 31, 2023 Almost a quarter of London residents have seen a ghost in their home, according to a new survey released this Halloween
Banks write-off £99m in loans to hotels and restaurants September 6, 2021 There has been a 65 per cent uptick in write-offs of loans to restaurants and hotels during the pandemic, Banks have written off £99m in the year to March 2021, up from £60m the previous year, according to research by international audit firm Mazars. Write-offs in lending to the leisure sector have began to rise [...]