Daily news, insight and opinion from the world of restaurants
Restaurants and bars in the UK should be prepared for an increase in mergers and acquisitions next year as successful chains look to cash in and buyers prepare for growth in 2013, according to a new report.
Recommendations put forward in a review of the UK’s high streets released by retail guru Mary Portas today could not only bring in more diners to town centre restaurants and pubs but could also make more sites available for operators looking to expand.
They have been slammed by Caprice Holdings’ Richard Caring, strongly opposed by MPs and London Mayor Boris Johnson, and estimated to threaten over 5,000 local jobs. Now, over 15,000 West End workers and residents have united in signing petitions to halt...
Hotel Verta, the luxury London hotel formerly owned by Von Essen's Andrew Davis, has reportedly been bought by entertainment guru Simon Cowell's brother Nicholas and will be re-branded a Rhombus hotel.
Hotel and restaurant operator Whitbread saw total sales rise 11.4 per cent in the third quarter of 2011 with its budget hotel brand Premier Inn and coffee chain Costa responsible for the growth.
Thai restaurant The Blue Elephant has been forced to relocate from the site on Fulham’s Broadway that it has occupied for the past 25 years, to a new riverside site at Imperial Wharf, where it hopes to become the Thai version of the River Cafe.