Cardiff
Coverage explores foodservice and hospitality developments across the Welsh capital, with reporting focused on areas such as Cardiff Bay, the city centre, Canton, and Roath. Topics include restaurant and bar openings, independent growth, student and event-driven footfall, and investment trends. Insight is geared toward operators and suppliers monitoring trade dynamics in one of the UK’s most vibrant and fast-evolving regional markets.
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Apr- 2024 -15 AprilRestaurants
Busaba eyes expansion opportunities closer to London
Thai restaurant chain Busaba has revealed it will focus on London and the surrounding areas, as its latest opening in Essex’s Lakeside Shopping Centre has proved successful. According to the group’s latest filings on Companies House, turnover stood at £21.1m for the year ended 17 September 2023, a slight dip…
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12 AprilRestaurants
Six By Nico announces Oxford opening
Restaurant group Six by Nico has announced it will be opening a new restaurant in Westgate Oxford on Wednesday 22 May, which will be its fifteenth restaurant across the UK. Founded by chef Nico Simeone, Six by Nico is known for its six-course tasting menu that changes every six weeks,…
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10 AprilTrade Associations
UKH welcomes Labour’s plan to reform business rates
UKHospitality has welcomed the Labour party’s plan for high streets and its intention of fixing the business rates system, as the industry body called the current system “archaic”. News follows the Labour party’s announcement of its plan for high streets, including replacing business rates with a new system of business…
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Mar- 2024 -25 MarchRestaurants
Arc Inspirations raises £7m for UK-wide expansion
Arc Inspirations, the operator of Banyan, BOX and Manahatta, has raised £7m towards an accelerated expansion plan across the UK. The news comes after the hospitality group secured a £4m load from HSBC, alongside a £3m equity boost from shareholders, including BGF, which has backed the group since 2022. Arc…
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Feb- 2024 -19 FebruaryNews
Today’s news in brief – 19/02/24
A quarter of hospitality businesses have no cash reserves, according to a joint survey by UKH, the BBPA, BII and Hospitality Ulster, which also revealed that a further 29% have less than three months’ worth of funds. As a result, the rising costs experienced by businesses have left 64% not…
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19 FebruaryRestaurants
Chef Tom Waters to open Gorse in Pontcanna
Chef Tom Waters has announced plans to launch its pop-up restaurant Gorse to a permanent venue in Pontcanna, Cardiff. Over the last 18 months Waters has been bringing his Gorse to independent venues around the Welsh capital (including Ground Bakery in Pontcanna, Insole Court in Llandaff and Waterloo Tea in…
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Jan- 2024 -11 JanuaryPubs and Bars
Arc Inspirations reports ‘record’ sales for December 2023
Arc Inspirations, the operator of bar brands Banyan, BOX and Manahatta, has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while…
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Nov- 2023 -30 NovemberNews
Today’s news in brief – 30/11/23
Mitchells and Butlers reported a drop in operating profits to £98m for the year ended 30 September due to weaker property valuations and increased costs, including higher wages. Sales, however, rose to £2.5bn, marking a 9.1% like-for-like growth. The group noted a 7.2% rise in like-for-like sales at the start…
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30 NovemberRestaurants
Pizza Punks appoints FRP to assist with 2024 expansion plans
Pizza Punks has appointed FRP Corporate Finance to assist the chain in raising capital, as it looks to speed up its expansion plans during 2024. The firm’s appointment comes as the pizza chain has spent the past six months consolidating after opening four new restaurants last year in Leicester, Nottingham,…
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21 NovemberNews
Today’s news in brief – 21/11/23
The NTIA warned that one-fifth of night-time businesses might collapse by January without government support. Over 70% are barely breaking even or running at a loss. Independent businesses make up over half, with 95% calling for a VAT cut and 78% urging an extension of pandemic-era business rates relief. Michael…
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