Today’s news in brief – 29/11/23

Live music could bring in up to £2.4bn for the hospitality industry, according to CGA. According to analysis of 1,000 artists and 500 venues, the Live Music Index noted that individual pubs and bars could see a yearly sales hike averaging £107k by providing a stage for musicians. With 73% of surveyed venues hosting live music weekly, the trend boosts sales by 33%, footfall by 36%, and per-visit spending by 64%. Almost 90% of venues plan to expand their live music offerings. 

Los Mochis will open its flagship rooftop restaurant, Los Mochis London City, in Spring 2024. Spanning 14,000 sq ft on the ninth floor of 100 Liverpool Street’s Broadgate, the restaurant designed by OV and Co will boast a bar, restaurant, private dining rooms, and a 3,000 sq ft outdoor terrace. Known for its Mexican-Japanese fusion, Los Mochis aims to bring something extraordinary to Broadgate, promising surprises for its guests.

Michelin-trained chef Edward Boarland has opened a new London restaurant, wine bar and florist, Named Stem and Stem, at 12 Bow Lane. Boarland, with a rich background under renowned chefs, aims to spotlight seasonal British produce and exclusive champagnes. The venue’s ethos lies in celebrating local, sustainable ingredients alongside floral artistry.