TGI Fridays To Expand New Cocktail-Led Concept 63rd+1st This Year
TGI Fridays owner Electra Private Equity has revealed it is targeting 14 new sites. At its AGM, the company stated: “TGI Fridays performed strongly across the massively
Read more...TGI Fridays owner Electra Private Equity has revealed it is targeting 14 new sites. At its AGM, the company stated: “TGI Fridays performed strongly across the massively
Read more...Chef Gordon Ramsay has revealed the pandemic has cost his restaurant empire a staggering £55m in turnover.
Read more...Cain International, the privately held investment firm operating in Europe and the United States, today acquired Prezzo from its administrators through a pre-pack arrangement.
Read more...A record number of small business owners are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses
Read more...Liquidators to Patisserie Valerie have launched a £200 million legal claim against Grant Thornton, auditor of the patisserie chain that collapsed amid allegations of suspected fraud.
Read more...The Roux family has announced the sad passing of Albert Roux, OBE, KFO, who had been unwell for a while, at the age 85 on 4th January 2021.
Read more...Across the restaurant and casual dining sector more than 1,600 restaurants undertook their final service in 2020 with almost 30,000 staff losing their jobs as the economic impact of Covid-19 took its toll.
Read more...Fewer than one in five of Britain’s licensed premises are now able and viable to welcome guests inside after the toughening of restrictions this week, CGA estimates.
Read more...Around half of Britain’s managed pubs, restaurants and bars were open and trading last week as lockdown ended and the new tier levels came into force in England.
Read more...The UK’s first burrito chain, Barburrito, has been sold out of administration, securing in excess of 270 jobs.
The deal also protects 14 Barburrito sites via a corporate restructure, led by restructuring specialists RSM.
Read more...Roux at Parliament Square restaurant in London’s Westminster has announced its permanent closure.
A post on the restaurant’s website said: “Our restaurant has regrettably suffered during this incredibly difficult year.
Read more...A Birmingham restaurateur is to launch a legal challenge to the imposition of Tier 3 restrictions on hospitality. Sam Morgan who operates Craft in Birmingham,…
Read more...Cain International, the privately held investment firm led by Jonathan Goldstein, today announces its acquisition of Prezzo as a going concern. The partnership marks a new chapter for Prezzo
Read more...More than one in three restaurants and hotels fear they might have to shut for good within the next three months as the sector is badly hit by a second lockdown.
Read more...Mitchells & Butlers which has a current portfolio of 1,700 sites has confirmed that it is to close some of its sites permanently and the group’s redundancy process is understood to be nearing completion.
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