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Jan- 2025 -31 JanuaryRestaurants
Loungers agrees to £354.4m Fortress takeover deal
Loungers has revealed that 94% of its shareholders have voted in favour of accepting Fortress Investment Group’s £354.4m takeover bid. …
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30 JanuaryNews-In-Brief
Today’s news in brief – 30/01/25
TGI Fridays has closed its flagship venue in London’s Leicester Square, which opened in 2015 after a multi-million pound investment.…
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30 JanuaryTrade Associations
Growth plan must include foundation economy, UKH says
UKHospitality has urged the chancellor to bring forward a specific growth plan for hospitality, and other sectors in the foundation…
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30 JanuaryFood and Drink
Takeaway sales flatline in December amid more Xmas socials
Delivery and takeaway sales at restaurant groups saw year-on-year growth slow to 1.9% in December 2024 as consumers’ shifted towards…
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29 JanuaryNews-In-Brief
Today’s news in brief – 29/01/25
The hospitality sector ended 2024 with virtually the same number of premises as 12 months earlier. According to data from…
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29 JanuaryFood and Drink
SSP Group holds guidance as sales rise 6% in Q1
The operator of F&B outlets in travel locations, SSP Group, has reiterated its full-year guidance as like-for-like sales rose 6%…
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28 JanuaryNews-In-Brief
Today’s news in brief – 28/01/25
Urban Pubs and Bars saw a “record-breaking” rise in EBITDA of 26% to £8.7m for the year ended 28 April…
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28 JanuaryCafes and Coffee Shops
Black Sheep Coffee to open Bristol site
Black Sheep Coffee has agreed to let Urban Creation’s commercial space at 60 Queens Road, Bristol, which is split across…
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28 JanuaryPubs and Bars
Urban Pubs and Bars hails ‘record’ FY profits of £8.7m
Urban Pubs and Bars has announced a “record-breaking” rise in EBITDA of 26% to £8.7m for the financial year ended…
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27 JanuaryNews-In-Brief
Today’s news in brief – 27/01/25
Tasty expects to report lower sales for FY24 after a challenging H2. Although the group’s restructuring plan, sanctioned on 4…
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