Hospitality entrepreneur Andrew Fishwick is to lead a new acquisition and investment vehicle that bills itself as ‘the antithesis of private equity’ and is focused on growing multi-site dining brands.
Revolution Bars has had its shares temporarily suspended from the AIM index of the London Stock Exchange after being ‘unable’ to publish its interim results last week.
Papa John’s has confirmed it will close 43 ‘underperforming’ sites from across its UK estate after launching a review of the business at the start of the year.
Rigatoni’s, the Manchester-based restaurant group that previously traded under the name Sud Pasta, has announced the closure of its second site in as many months.
A fresh wave of strikes across the rail network and the London Underground have been announced by the main train drivers' union, Aslef, for April and May.
Artisanal hot chocolate café concept Knoops has agreed its first international partnership to open sites in the Middle East, with expansion into the US and China also being discussed.
CC Capital, the investment firm led by former Blackstone executive Chinh Chu, is in talks with Soho House over a potential bid to acquire the members club group.
Chick ‘n’ Sours and Chicken Shop co-founder Carl Clarke has launched a food-focused incubator to help entrepreneurs get their products on supermarket shelves.
Companies House has begun rolling out ‘new and enhanced powers’ to improve the quality and reliability of its data and tackle misuse of the companies register.
The hospitality sector has reacted with criticism to the Spring Budget after Chancellor Jeremy Hunt failed to announce a much-needed reduction to VAT or business rates.
Chancellor Jeremy Hunt has frozen alcohol duty until February 2025 in a ‘tax-cutting’ Budget designed to warm up voters ahead of an imminent general election.
Pour-your-own wine bar group Vagabond is in the process of appointing administrators as it looks to undertake a restructuring to safeguard the business.
Drivers for food delivery platforms including Deliveroo, Just Eat, and Uber Eats plan to continue striking ‘every Friday and bank holiday’ in a dispute over pay.
UKHospitality has welcomed the proposed tipping code of practice that comes into force in July as the consultation period for the draft code comes to an end.