Closure
In this section, we report on restaurant, pub, bar, cafรฉ, and catering business closures across the UK, and the commercial, operational, and market factors behind them. From high-street exits and group-wide restructures to insolvencies, lease surrenders, and strategic site rationalisations, we cover the real-world impacts of rising costs, labour shortages, shifting demand, and margin pressures. We go beyond headlines to explain why closures are happening and what they mean for the wider sector. Whether you’re benchmarking performance or navigating tough decisions, we provide the context hospitality professionals need to stay informed.
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Oct- 2019 -1 OctoberAdvice
Understanding restaurant CVAs and closures
As recently reported by Catering Today, the number of restaurant insolvencies has risen by 25% in the past 12 months. This news came within weeks of 23-site restaurant chain Abokado announcing it was entering into a Company Voluntary Arrangement (CVA) and follows a general trend of high-profile closures throughout the…
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Sep- 2019 -16 SeptemberRestaurants
Restaurant closures up 25% over the past 12 months
The number of restaurant insolvencies has jumped 25% in the last year up to 1,410 in 2018/19, compared with 1,130 for the previous year. The study compiled by accounting firm UHY Hacker Young found that the rapid growth of the causal-dining sector since the last recession had resulted in an…
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Aug- 2019 -21 AugustAdvice
Five ways restaurateurs can use digital marketing to survive the high street turbulence
Looking at the high street restaurant scene at the moment, it is easy to feel pessimistic. Jamieโs Italian became the latest popular British restaurant chain forced to shut its doors for good when it announced the closure of 23 of its 25 restaurants. Since 2018, Carluccio’s has closed nearly a…
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9 AugustBusiness
Deliveroo launches Restaurant Rescue Team to support struggling businesses
Deliveroo has launched the Restaurant Rescue Team, the team is aimed at those being โpushed out of bricks-and-mortar sitesโ by escalating costs. Deliveroo will help restaurants with branding, menu development and pricing strategies, and look to offer a wider customer base through its platform. Alongside this, it will offer preferential…
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5 AugustAnalysis
Jamie Oliverโs Restaurant Group – timeline
The collapse of Jamie Oliverโs restaurant chain is arguably one of the biggest developments in the industry in recent times. The company’s fall into administration is synonymous with the challenging times restaurant groups are currently facing, which has seen Byron Burgers approve company voluntary arrangements (CVAs) allowing them to close…
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5 AugustRestaurants
Spudulike closes all 37 stores
Restaurant chain Spudulike has officially shut down after over 40 years of trading with immediate effect. The closure was confirmed today (5 August) by accounting Firm Leonard Curtis, with all 37 retail stores and its head office close on 2 August, 298 employees have been made redundant. The company was…
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Jul- 2019 -29 JulyAdvice
How to keep ahead of the competition with flexible funding
Our most recent data tells us that there has been a 100% increase in the use of merchant cash advances by independent restaurants so far in 2019. This is purely due to restaurants and pubs striving to keep ahead of the competition and grow their businesses while many chain restaurants…
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Jun- 2019 -26 JuneNews
Levi Roots closes restaurant
Entrepreneur and Dragonโs Den winner Levi Roots announced that his restaurant Levi Roots Caribbean Smokehouse in Westfield Stratford, London closed yesterday (Tuesday 25 June). Roots took to Twitter to announce the closure, as he said: โSO SORRY! Unfortunately I have to announce my restaurant @levismokehouse is closing today! most dreadful…
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24 JuneRestaurants
Pod sold to ASK Italian owner in pre-pack administration
Pod Food Limited has been sold to Azzurri Group, owner of the ASK Italian, Zizzi, Coco di Mama and Radio Alice brands. The sale was via a pre-pack administration after Damian Webb and Allan Kelly of RSM Restructuring Advisory LLP were appointed administrators of Pod Food Limited on the 21…
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19 JunePubs and Bars
More than a Pub relaunches with ยฃ2.2m funding
Community support trust, the Plunkett foundation has relaunched the More than a Pub programme, a new round of support and finance that will help community groups across England looking to take ownership of their local pub. Run by lottery-funded trust Power to Change, and delivered by Plunkett, the programme builds…
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