Today’s news in brief – 12/02/24

Zizzi Owner Azzurri Group reported a 9% rise in revenues to £258m for FY23. The news comes as the group reported “strong” trading performance by all brands, with increases in volume and spend per head. During the year, the group opened four new Zizzi restaurants in addition to refurbishing another 13. 

Oakman Group saw a 6% rise in sales to £57.8m in 2023. The group also recorded a “strong” end to the first half of financial year 2023/24 with sales over the Christmas trading period showing growth over the prior year. 

Franklin and Baines is set for opening on Monday 4 March in Clapham. The venue, which will be a British and American steak and cocktail restaurant, was brought about by restaurateur Olivier Cohen and leisure entrepreneur Ashley Letchford. The restaurant is named after well-known former Clapham residents, US founding father Benjamin Franklin and Sir Frank Baines, architect of the MI5 building.