News-In-Brief

Today’s news in brief – 24/04/25

UKHospitality has warned that the industry’s stability is under threat from a new wave of government costs, after pubs, restaurants and hotels achieved marginal growth in outlets over the last 12 months. It comes as CGA by NIQ and AlixPartners’ Hospitality Market Monitor revealed that a total of 98,866 sites…

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Today’s news in brief – 23/04/25

Hospitality has seen “tentative” signs of recovery despite ongoing pressures on household finances affecting consumer footfall and spending, according to data from CGA. Notably, 55% of UK households say they are either severely or moderately impacted by the cost of living. As a result, this adverse impact is stirring up…

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Today’s news in brief – 22/04/25

Sticks’n’Sushi has revealed that F1 world champion Fernando Alonso invested in the chain alongside McWin Food Ecosystem Fund. McWin acquired a majority shareholding in Sticks’n’Sushi in February 2024. Since the acquisition, the brand has enjoyed further expansion, opening new London locations in Richmond, Islington and Battersea Power Station. The restaurant…

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Today’s news in brief – 17/04/25

Deliveroo has reported a 9% rise in its gross transaction value YoY to £1.87bn in Q1 of 2025. It also saw continued improvement in order growth, up 7% to £72.6m (up 6% in Q4 2024), with GTV per order up 2% to £25.8m. Across both UK&I and International operations, its…

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Today’s news in brief – 16/04/25

Big Mamma Holdings has seen its turnover rise 10% to £44m in 2024. According to the group’s filings at Companies House, last year was the first where all six restaurants – Gloria, Circolo Popolare, Ave Mario, Jacuzzi and Carlotta in London, and La Bellezza in Birmingham – were operating. Out…

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Today’s news in brief – 15/04/25

The Non-Domestic Rating Act has become law. This new legislation aims to provide a permanently lower level of business rates for the hospitality sector. Following the news, UKH has asked for the maximum discount to be applied to hospitality properties with a rateable value of less than £500k. For those…

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Today’s news in brief – 14/04/25

The NTIA has issued an urgent open letter calling for support for alfresco dining and nightlife revival, addressed to the CEOs and leaders of all London boroughs. This call comes in alignment with Deputy Mayors Howard Dawber and Justine Simons, who have written to boroughs encouraging support for alfresco dining…

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Today’s news in brief – 11/04/25

NWTC has seen a 9% improvement in like-for-like sales across the last four quarters, following the appointment of a new leadership team and a renewed focus on The Botanist brand. Antony Doyle, the former operations director of Loungers, joined New World Trading Company in June 2024 as its group operations…

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Today’s news in brief – 10/04/25

Cooks Coffee has seen store sales rise 26.4% to £35.1m in the year to 31 March 2025, with fourth quarter sales having jumped 35% to £9.5m due to strong trading momentum. It comes as the operator of the Esquires coffee chain expanded its estate in the year, from 75 to…

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Today’s news in brief – 09/04/25

The BII has called for “meaningful” support for pubs, as its latest survey revealed that 80% of its members said that all four elements of the changes that came into force this April have negatively impacted their businesses. Due to the budget changes, the BII’s survey revealed that 83% of…

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