Business & Legislation

SSP reports group revenues at 62% of 2019 levels

SSP reports group revenues at 62% of 2019 levels

By Restaurant

Food and drink travel hub business SSP says that its group revenues were at around 62% of 2019 levels for the four-month period to 30 January 2022, as the impact of Covid on the travel sector continued to bite.

Jeremy King:

Jeremy King: "We are under seige but in rude financial health"

By Restaurant

Corbin & King co-founder Jeremy King has described his business as being “under siege” from majority stakeholder Minor International and insists that the restaurant business is in “rude health and as profitable as ever”.

Corbin & King faces off against investor

Corbin & King faces off against investor

By James McAllister

Corbin & King has filed a motion in the High Court to stop its majority owner, Minor Hotels, calling in a £35m loan, which would have forced it into insolvency.

Scotland to lift hospitality restrictions next week

Scotland to lift hospitality restrictions next week

By James McAllister

It has been confirmed that trading restrictions on indoor hospitality settings in Scotland will be lifted next week, with nightclubs able to reopen again following an enforced four-week closure.

Poke House mulls UK IPO

Poke House mulls UK IPO

By James McAllister

Italian poke chain Poke House is mulling an Initial Public Offering (IPO) in the next two years as part of its plans for aggressive expansion.

Relief as Wales prepares to ease trading restrictions nightclubs to reopen vaccine passports

Relief as Wales prepares to ease restrictions

By James McAllister

Wales is set to gradually move back to Alert Level Zero by the end of the month, removing trading restrictions that have been in place since late December.

McDonald’s is piloting a new customer rewards scheme called MyMcDonald’s Rewards

McDonald’s pilots new customer rewards scheme

By Restaurant

McDonald’s is launching a rewards scheme that will enable customers to collect points on their purchases and redeem them against menu items or make a charity donation.

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