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.
-
Apr- 2023 -12 AprilRestaurants
28 Market Place to close after three years of trading
Somerset restaurant, 28 Market Place, has recently announced its closure after opening three years ago.ย The 26-cover restaurant was founded thanks to an investment from Horatioโs Investments, whose founder is a Somerset-born entrepreneur with a passion for investing in businesses that enhance the local area.ย The location was initially restored…
Read More » -
Mar- 2023 -20 MarchNews
Bright and P.Franco to close both its sides
The group behind two Hackney restaurants, Bright and P. Franco, has recently announced the closure of both sites.ย The owners also announced the closure of Noble Fine Liquor, their wine shop in Broadway market.ย In an Instagram announcement, they said: โOur time in the sun has come to an abrupt…
Read More » -
14 MarchNews
Number of UK hospitality firms surges 17% in five years
The hospitality industry has experienced growth during the past five years, according to new findings collated by Business Name Generator.ย Using data from the ONS latest report on UK business activity, the number of accommodation and food services businesses has risen by 17% in five years, resulting in an additional…
Read More » -
7 MarchRestaurants
M Restaurants and Gaucho owner confirms two closures
Gaucho and M Restaurants owner Rare Restaurants has confirmed the closure of two of its restaurants in London. The company stated that it would not be renewing the leases for the M Victoria and Gaucho Smithfield Market as they โno longer meet our requirementsโ. It also said that all the…
Read More » -
1 MarchPubs and Bars
2,000 pubs face closure without budget aid, industry warns
Some 2,000 pubs across the UK are facing closure, the British Beer and Pub Association (BBPA) has warned, as it urges the government to use the Spring Budget to offer a lifeline to the industry. The association has asked the government to deliver a plan for sustainable growth with โfair,…
Read More » -
Jan- 2023 -20 JanuaryBusiness
Over 13,000 hospitality closures since March 2020
Over 13,000 hospitality businesses have closed in Britain since the start of the pandemic, according to data from the CGA and Alix Partners. A rise in inflation and energy bills caused a net decline of 1,611 businesses in the sector in Q4, a market contraction of 1.6% in three months.…
Read More » -
18 JanuaryPubs and Bars
Revolution Bars issues profit warning amid temporary closure plans
Bar group Revolution has announced that it will close some sites on Mondays and Tuesdays in January and early February in an attempt to save on energy bills. The announcement came in a trading update delivered to investors in which it reduced its EBITDA guidance for the full year and…
Read More » -
6 JanuaryPubs and Bars
โExtend Energy Relief Scheme or risk losing businessesโ BBPA tell Government
The British Beer and Pub Association has urged the Chancellor to extend the scheme Energy Relief Scheme or โrisk losing business across the UKโ. The scheme was brought in by the Government to help to cut energy prices for businesses, charities and public sector organisations, such as schools and hospitals.…
Read More » -
Dec- 2022 -22 DecemberRestaurants
Benihana to open ยฃ2m Covent Garden restaurant
Benihana International has announced that it will open a new restaurant site at 31/32 Maiden Lane, Covent Garden, in spring 2022. The new site follows the closure of its Benihana Piccadilly site last month, which was open for 27 years. Some ยฃ2m is being invested into the new Covent Garden…
Read More » -
12 DecemberRestaurants
Dustyโs Pizzeria to close Cardiff restaurant
Dustyโs Pizzeria has announced that it has had to close its Cardiff restaurant as a result of rising costs. This is the second location that owners Phil and Deb Lewis have had to close after closing its branch in Barryโs Goodshed earlier this year. The companyโs Swansea branch is said…
Read More »
