Square Mile city break: How to do London’s oldest district in style December 18, 2023 I skipped the train from Liverpool Street station on Friday, checked into the Pan Pacific and spent a weekend in the Square Mile
Fulham Shore shares rise as pizza chain plots Greek expansion November 4, 2021 Franco Manca’s owner saw shares jump after it declared the pizza chain was eying Greece in its expansion plans. Fulham Shore’s share price shot up more than seven per cent on Thursday morning, following an update from the group. Franco Manca will launch in Greece with a local franchisee planning to open at least six [...]
Asda owners shrug off £9bn debt pile and size up £8bn Subway take over March 28, 2023 The billionaire owners of supermarket Asdaare reportedly sizing up an £8bn takeover of global sandwich maker Subway. According to reports in The Sun, billionaire’s Mohsin and Zuber Issa are understood to be eyeing up the 44,000 restaurant chain. The pair, who gained their notoriety as the founders of forecourt business EG Group, already have Subway [...]
Food delivery apps serve up extra £400m in restaurant revenue December 2, 2019 Food delivery apps such as Deliveroo, Just Eat and Uber Eats are serving up an extra £400m in revenue for European restaurants, according to a new report. Third-party platforms, that customers can use to order food from a variety of restaurants, have also increased profit across the Europe’s restaurant sector, with venues in London seeing [...]
Plans ‘in the pipeline’ for more Ivy restaurants October 11, 2021 Restauranter Richard Caring’s firm plans to open more Ivy venues, as financial accounts lay bare the impact of the pandemic. In full-year accounts filed to Companies House, Caprice Holdings reported a £28.4m turnover for the 53 weeks ended January 3. The company owns London private dining rooms including Sexy Fish, Daphne’s and 34 Mayfair. Turnover [...]
Ivy owner Richard Caring steps away from battle for Corbin & King February 6, 2022 Ivy owner Richard Caring has signalled he has given up the chase for beleaguered restaurant group Corbin & King. The group behind celebrity haunts including The Wolseley entered administration last month, amid icy relations between Corbin & King’s founders and its majority shareholder. Restauranter Caring has said “at this moment, I am not intending to [...]
Winging it: Chicken supplies set to remain tight while KFC warns of shortages August 1, 2022 Chicken supplies are set to remain tight across the country, a report has cautioned, amid reports of KFC preparing to run out of stock of certain chicken items. High street staple KFC warned staff in a memo last week that supplies of chicken on the bone were among items running low, The Sun reported. KFC [...]
Best pasta in London, according to Pasta Envangelists October 27, 2022 Roberta D’Elia, head chef at Pasta Evangelists, shares her top five places to enjoy a bowl of pasta in the capital. The pasta bar in Harrods I may be slightly biased given this one is run by Pasta Evangelists but The Pasta Bar is the go-to for the most edifying fresh pasta experience in London, [...]
M Restaurants founder to lead Gaucho as new owners take control September 5, 2018 Administrators have confirmed the sale of Gaucho to a pair of banking groups, and the appointment of M Restaurants founder Martin Williams to lead the business. As City A.M. has previously revealed, Investec and SC Lowy bought out the company's debt last month with a view to a takeover. Today administrators at Deloitte said Gaucho had been sold [...]
Pubs and restaurants swallow £10,000 losses in week before Christmas December 29, 2021 Hospitality venues lost more than £10,000 on average in the week before Christmas, the latest data has revealed. Christmas Day takings plunged 60 per cent for pubs, bars and restaurants, industry body UKHospitality found, as the latest Covid-19 wave saw ministers urging a cautious Christmas. London’s hospitality scene has been hit the hardest, the industry [...]