Archives for February 8, 2021

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Alistair Darby steps down as Brains CEO

Alistair Darby steps down as Brains CEO

By James McAllister

SA Brain chief executive Alistair Darby has stepped down from the company after the completion of a deal that sees Marston’s take over the running of its pubs.

Caffè Concerto to launch CVA

Caffè Concerto to launch CVA

By James McAllister

London-based patisserie chain Caffè Concerto is launching a Company Voluntary Arrangement (CVA) in an effort to reduce its rent debt after facing legal action from one of its landlords.

Losses at top 100 UK restaurants groups up 112%

Losses at top 100 UK restaurants groups up 112%

By James McAllister

New figures reveal that losses at the top-earning 100 UK restaurants group increased 112% to £571m last year, rising from reported losses of £269m at the end of last March.