Business & Legislation

Gusto Italian restaurant group sees turnover rise to £24m

Gusto sees turnover rise to £24m

By James McAllister

Northern-based restaurant group Gusto Italian has seen its turnover almost double in its latest set of financial results, with earnings before interest, taxes, depreciation and amortisation (EBITDA) also up.

Managed hospitality groups register 12 months of growth after September warms pub sales

Managed groups register 12 months of growth

By James McAllister

Britain’s managed restaurant, pub and bar groups completed 12 consecutive months of year-on-year sales growth in September, the new CGA RSM Hospitality Business Tracker reveals.

Milan-based vegan burger chain Flower Burger quietly exits UK market after closing restaurants in London and Brighton

Flower Burger quietly exits UK market

By James McAllister

Milan-based vegan burger chain Flower Burger has quietly exited the UK market little more than two years after launching its first London site.

London-based burger chain Patty & Bun CVA approved

Patty & Bun CVA approved

By Finn Scott-Delany

Patty & Bun has had proposals approved for a Company Voluntary Arrangement (CVA).

Hospitality inflation rate drops to 8.3%

Hospitality inflation rate drops to 8.3%

By Hannah Currie

Restaurant and hotels provided a large downward contribution to consumer price inflation last month, where the annual rate fell to 8.3% in August compared to 9.6% in July.

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