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Food price inflation hits record high of 24%

Food price inflation hits record high of 24%

By James McAllister

The CGA Prestige Foodservice Price Index (FPI) ended 2022 at record highs, with the food basket nearly one quarter higher than December 2022 at 24%.

Low to no beer brand Lucky Saint to open first pub

Lucky Saint to open first pub

By James McAllister

Low-to-no beer brand Lucky Saint will open its first pub in March in London's Marylebone, which will serve both alcoholic and non-alcoholic drinks.

Friday Five: the week's top news

Friday Five: the week's top news

By James McAllister

This week's top news stories include calls for Ofgem to tackle the 'reckless behaviour’ of some energy suppliers, Gaucho's plans for 2023, and BAO's attempt to game-ify the restaurant experience.

Imagery: Steve Joyce

Latest opening: Mayha

By James McAllister

Marking the first opening on UK shores for the Lebanon-based Nothing But Love group, Mayha is the latest addition to the capital’s burgeoning Japanese omakase restaurant space.

Parsi is the debut cookbook from St John Bread and Wine head chef Farokh Talati

Book Review: Parsi

By Stefan Chomka

The debut cookbook from St John Bread and Wine head chef Farokh Talati gives a very personal and deeply pleasing insight into Parsi cuisine.

Image: Justin de Souza

Sessions Islington rebrands as Neighbourhood

By Restaurant

London-based food hall Sessions Islington has rebranded as Neighbourhood and redesigned its interior, with Japanese food expert Ivan Orkin kicking off its new chef residency.

Hospitality toasts best December in three years but real term sales lag pre-Covid levels

Hospitality toasts best December in three years

By James McAllister

Managed hospitality groups enjoyed their best December trading in three years, the latest Coffer CGA Business Tracker reveals — but sales remain well below pre-Covid levels in real terms.

Oakman looks to raise £5.3m from shareholders

Oakman looks to raise £5.3m from shareholders

By Finn Scott-Delany

The Oakman Group is looking to raise £5.3m from its shareholders via a discounted share placement, to provide a buffer to protect from a further worsening of the trading environment.

Wendy’s to open first UK drive-thru restaurant at Brampton Hut A1/A14 intersection

Wendy’s to launch first UK drive-thru

By James McAllister

Wendy's is to open its first drive-thru location in the UK later this month as part of a new franchise deal for the East of England region.

Detroit-style pizza restaurant Four Corners to launch permanently at Rondo La Cave

Four Corners goes permanent at Rondo La Cave

By James McAllister

Detroit-style pizza concept Four Corners is to take up permanent residence at The Hoxton's underground wine bar and restaurant space Rondo La Cave in London's Holborn later this month.

Imbiba announces first close of its new £90m fund

Imbiba announces first close of its new £90m fund

By Joe Lutrario

Private equity house Imbiba has announced the first close of its new £90m fund at around £70m following significant investment from the British Business Bank alongside other investors including Asahi UK.

Gordon Ramsay is on the hunt for Next Level Chef in new ITV show

The Lowdown: Next Level Chef

By James McAllister

Gordon Ramsay is on the hunt for a chef to take their gastronomic skills to ‘the next level’ in what he claims is the ‘world’s toughest cooking competition ever’

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