Closure

Papa Johns set to close 50 ‘underperforming’ UK sites

Papa Johns has announced that it is set to close 50 takeaways in the UK as a result of underperformance.…

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Hospitality bosses back UKH’s call for action at upcoming Budget

Hospitality CEOs from groups including Mitchells and Butlers, Accor Hotels, Stonegate Pubs and Crerar Hotels have signed an open letter…

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Today’s news in brief – 26/02/24

Red Engine, owner of Flight Club and Electric Shuffle, has posted sales of £67m for 2023, up 26% year-on-year. It…

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Danieli Group falls to FY loss despite turnover hitting £9.8m

Newcastle-based Danieli Group Holdings, the hospitality company behind the Stack leisure brand, revealed turnover of £9.8m during the year ended…

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Today’s news in brief – 05/02/24

Pubs and bars saw a third successive week of negative sales in January, CGA has revealed. Average sales in managed…

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Christie’s to auction Le Gavroche wine collection following closure

Christie’s has announced an online auction for Le Gavroche’s wine collection, in a sale that will also feature works of…

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800 licensed premises lost in Q4

The number of licensed premises in the UK dropped by 0.8% in the fourth quarter of 2023, with a net…

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Today’s news in brief – 08/01/24

Drinks sales in the UK saw 7% year-on-year growth in the two weeks ended 30 December 2023, according to data…

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The Raby Hunt restaurant hits the market ahead of closure

The Raby Hunt, a two-Michelin-starred restaurant near Darlington, has hit the market for an undisclosed amount.  The restaurant has announced…

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Today’s news in brief – 05/01/24

The latest round of strikes from RMT members on the London Underground could cost hospitality businesses up to £50m, according…

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