What to do in London for Christmas, from carols to food and drink December 1, 2022 Whether you’re after carols in a cathedral or a knees-up in a brewery, we have the perfect Christmas outing for you. CHRISTMAS CAROLS AT ST PAUL’S Short of getting a ride in Santa’s sleigh, there can be little more festive than singing Christmas carols in the stunning surrounds of St Paul’s Cathedral. This year there [...]
Wagamama owner The Restaurant Group taps investors for £175m March 10, 2021 The Restaurant Group, which owns Japanese-inspired chain Wagamama, is preparing to tap investors for £175m. The firm said this morning that capital raise will be used as a buffer in case of a resurgence of the Covid-19 pandemic and also allow it to expand its Wagamama brand and pubs business. Restaurant Group said it expects [...]
Exclusive: London pubs, restaurants and hotels to claim almost £200m in restart grants March 8, 2021 London pubs, restaurants and hotels are set to receive almost £200m in extra government grants to help them reopen after the latest coronavirus lockdown. Around 13,000 hospitality businesses across the capital will be eligible to claim £184.2m in the restart grants, City A.M. can reveal. Research by real estate adviser Altus Group showed 3,632 pubs [...]
M Canary Wharf is both fun and elegant September 26, 2022 M restaurant has launched its newest incarnation in increasingly buzzy Canary Wharf, making the most of all the sky, steel and views over the water with floor to ceiling windows showcasing aspects and angles of the London skyline I had never seen before. Lights hang like flocks of seagulls above booths and tables designed to [...]
Covid wipes £9m per hour off UK pub and restaurant sales – totalling £81bn in a year April 30, 2021 The Covid-19 pandemic has wiped £80.8bn off UK pub and restaurant sales after venues were forced to close or operate under strict restrictions for much of the last 12 months. The latest figures showed that sales from the start of April 2020 – a week after the first lockdown began – to the end of [...]
Wagamama owner The Restaurant Group burns through £5.5m a month during lockdown March 1, 2021 Wagamama owner The Restaurant Group has said it expects to burn through £5.5m a month until lockdown restrictions are lifted. The group announced details of the cash burn rate at Christmas but today said it expected to stay at this level until the end of restrictions, which are due to be lifted no earlier than [...]
Losses at top 100 restaurant groups rocket 112 per cent to £571m February 8, 2021 Losses at the top 100 UK restaurant groups increased 112 per cent to £517m last year, rising from reported losses of £269m at the end of last month. According to UHY Hacker Young, the losses are expected to continue, as restaurants have been forced to shut again because of the latest coronavirus restrictions. UK Hospitality, [...]
As meat free January rises we ask if plant-based can usurp meat January 8, 2024 As the meat free movement gains momentum this veganuary, we revisit our 2018 deep-dive into the rise and rise of plant based burgers and ask if meat as we know it will one day be a thing of the past. In the mockumentary Carnage, Simon Amstel imagines a future in which eating meat is as [...]
Nobu and Hakkasan delivery app Supper to raise £5m to expand high-end restaurant platform across London April 6, 2021 Premium London restaurant delivery app Supper, which counts Nobu, Hakkasan, Zuma and Hide among its clients, has launched a £5m funding round to expand across the capital. The takeaway platform, which has described itself as the “Michelin star Deliveroo”, will raise £1.5m through private equity investment firm Growthdeck as part of the fundraise. Supper, which [...]
London unlocks: Lord Mayor toasts return of City hospitality May 17, 2021 The Lord Mayor of the City of London undertook a whistle stop tour of the Square Mile’s reopening hospitality venues this afternoon as London began to unlock. Pubs and restaurants were both able to serve customers inside today for the first time since mid-December. Amongst the Mayor William Russell’s visits were M Restaurant on Threadneedle [...]