Restaurant News UK
McDonald’s UK reports plunge in operating profit
The fast food giant reported a decline in operating profit despite a £238m increase in turnover, primarily due to a £48m investment and intangibles impairment. Inflationary pressures on food, paper,…
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Lasted Restaurant News UK
Creed foodservice has agreed to be acquired by Kitwave Wholesale Group
The move will see Creed Foodservice take on the principal role within Kitwave’s Foodservice division, which includes the trading operations…
Oriole cocktail bar and restaurant Covent Garden new opening
What: A spacious cocktail bar, restaurant, and live music venue located within Covent Garden’s The Yards development. Oriole first debuted…
CRG appoint Tracey Redfearn as Head of Marketing (Interim)
The Country Range Group is excited to announce the appointment of Tracey Redfearn as its new Head of Marketing (Interim),…
Harbour House pub owners acquire Hooked on the Rock
Tamara Costin and William Speed, owners of Flushing’s Harbour House, a waterside Cornish pub, have acquired Hooked on the Rock,…
New World Trading Company to shutter three sites and undergo CVA
The Graphite Capital-backed group, which runs eight brands including The Botanist, The Florist, and The Oast House, cited multiple factors…
Pound heads for worst week in over a year against US dollar – business live | Business
Good morning, and welcome to our rolling coverage of business, the financial markets, and the world economy. After a bruising…
Wingstop UK appoints head of acquisitions amid expansion plans
Wingstop UK has announced Adrian Saunders as its new head of acquisitions. Saunders previously led the acquisition of around 90…
Today’s news in brief – 03/10/24
Blank Street Coffee experienced a significant increase in its UK turnover, soaring by 517% to £11.4 million for the year…