The collective debt burden of the UK’s top restaurant groups has broken through the £3bn mark for the first time, new research by UHY Hacker Young shows.
This week's top news stories include tributes to the late Russell Norman, shareholders approving the sale of TRG to Apollo Global Management, and administrators announcing the closure of Birch Selsdon.
This month's key openings include two new ventures from Cardiff restaurateurs Sophie Pascoe and Benito Martinez, the return of Gilgamesh, and the UK debut of Monaco and Dubai-based restaurant Gaia.
Chef Ruth Hansom is to launch a modern British restaurant and wine bar under her own name in partnership with her husband Mark Hansom-Rigby in Bedale, North Yorkshire.
The high street bakery chain is looking to stake (bake) a claim on the dinner market with a month-long, pop-up restaurant featuring a Gallic-inspired menu.
Chef Dominic Chapman is moving on from his highly-rated The Beehive pub in Berkshire having sold on the lease to Tangy Treat Ltd for an undisclosed sum.