Canary Wharf
Coverage explores foodservice and hospitality developments in this major London business district, including restaurant and bar openings, workplace dining strategies, grab-and-go trends, and operator responses to hybrid working patterns. Reporting offers insights for businesses navigating weekday footfall, premium office clientele, and evolving consumer behaviours in a corporate-driven environment.
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Dec- 2023 -6 DecemberPubs and Bars
Drake and Morgan EBITDA slides amid ‘record’ xmas bookings
Drake and Morgan has seen its adjusted EBITDA fall to £4.1m for the year ended 26 March 2023, down from £5m in the same period last year. However, the company saw its turnover increase to £43.3m up from the £35.9m it posted last year. The company put the EBITDA fall…
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Nov- 2023 -27 NovemberRestaurants
Pho to continue expansion amid 33.6% rise in FY23 turnover
Pho has secured additional funding to allow for continued expansion of Vietnamese street food restaurants through the next several years, as its turnover increased 33.6% to £58.3m in the year ending 19 February 2023. According to the group’s filings on Companies House, recent performance has buoyed the company’s confidence in…
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Oct- 2023 -17 OctoberRestaurants
Six by Nico to open 13th location in Birmingham
The six-course dining experience, Six by Nico, will be opening in Birmingham at 81 Colmore Row on 30 November – its 13th location across the UK and Ireland. The venue will accommodate approximately 72 guests, and will create 60 new jobs for the area. Founded by chef Nico Simeone, Six…
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Sep- 2023 -22 SeptemberRestaurants
Yolk raises capital for London expansion
Fine fast food business Yolk is raising capital through private equity firm Growthdeck as it targets expansion across London. The five-site independent offers sandwiches, baked goods and specialty coffee without charging consumers a premium price tag. Yolk said that the brand aims to offer a “revolutionary improvement” in Londoners’ grab-and-go…
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20 SeptemberFood and Drink
Market Halls revenues surge 155% to £22m in FY23
Food hall operator, Market Halls, saw revenues grow 155% from £8.6m to £22m in the year to July 2023, as like-for-like sales leaped 40% since the Covid-related “soft trading” in the previous year. The group also announced that EBITDA before company costs grew to £2.6m in the year, as it…
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Aug- 2023 -30 AugustRestaurants
Dishoom to return to pre-pandemic profits in FY23
Dishoom expects to return to pre-pandemic profitability during FY23, as the Indian restaurant chain’s turnover grew by 64% to £94.9m for the 53 week period to 1 January 2023. The news comes as the group’s performance during FY22 was driven by uninterrupted trading and new openings post-Covid. The group revealed…
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10 AugustAnalysis
Greggs’ recipe for success
By May 2023, Greggs’ sales had shot up by nearly a fifth compared with the same time in 2022, as its offering of sausage rolls and pasties remained “compelling” to customers during the cost-of-living crisis. In the spring of this year, the country-wide chain of bakeries also revealed that hot…
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Jul- 2023 -19 JulyBusiness
Karapincha to open first bricks and mortar site in Canary Wharf
Sri Lankan kitchen Karapincha has announced that it will be opening its first bricks and mortar site in Canary Wharf, London. The new 350 sq ft site will be located in Canary Wharf tube station and will be a significant step for family-run business. The business currently operates in three…
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5 JulyRestaurants
Caravan to open largest site to date in Covent Garden
Caravan is set to open its largest site to date with a new flagship restaurant in Covent Garden. The opening will represent the group’s eighth site, and follows on from its last opening in Canary Wharf in 2022. Spanning two floors, it is the brand’s second central London restaurant since…
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Jun- 2023 -20 JuneRestaurants
Roberto Costa to open Fish Game in Canary Wharf
Restaurateur Roberto Costa, founder of restaurant group Macellaio RC, will be opening Fish Game in Canary Wharf, London, on 10 July. The restaurant will put ultra-seasonal, sustainable British ingredients “centre stage” with a pared-back seasonal changing menu of the UK’s best game and fish. Executive head chef, Matthew Colk, who was previously…
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