Edinburgh
Coverage explores hospitality and foodservice activity across Scotland’s capital, with reporting centred on key districts such as the Old Town, New Town, Leith, and Bruntsfield. Topics include restaurant and bar openings, independent operator growth, seasonal and festival-driven footfall, and premium casual dining trends. Insight is tailored for businesses navigating a market shaped by tourism, affluence, and a vibrant local dining culture.
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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 NovemberNews
Knoops to double in size following £8.3m fundraising
Knoops, the chocolate cafe, has announced plans to more than double in size in 2024 following a £8.3m fundraising which leaves the business debt-free and positioned for higher profits next year. The fundraising, led by a £5.5m investment from the London-based retail and property group Morleys Stores Limited, allows Knoops…
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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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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 -20 SeptemberPubs and Bars
Arc Inspirations sales jump 7.5% amid expanded estate
Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…
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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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15 SeptemberTrade Associations
UKH Scotland urges govt to cap visitor levy bill
UKH Scotland has urged politicians to agree to a cap on the number of nights a levy can be charged to mitigate the impact a levy would have on Scotland’s appeal as a visitor destination. This is in response to the local government’s housing and planning committee’s consultation on the…
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13 SeptemberRestaurants
New Glasgow restaurant appoints first head chef
New Glasgow restaurant, Hazel from The Scotsman Group, which is set to open in the city centre in October, has announced the appointment of Eric Avenier as its first head chef. Avenier has been appointed to launch the restaurant having previously worked across other Scotsman Group restaurants including The Corinthian…
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8 SeptemberPubs and Bars
Flight Club set to open in Edinburgh
Flight Club has announced that it is set to open a new site in Edinburgh in November 2023. This will mark the 15th UK opening for Flight Club and the second in Scotland, closely following the opening of Flight Club Glasgow this October. The new venue will be located in…
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7 SeptemberFood and Drink
Roxy Leisure to open Roxy Lanes Liverpool in November
Roxy Leisure will be opening its Roxy Lanes concept in Liverpool this November, marking the third site and the first venue in the region in the group’s expansion plan. Roxy Lanes Liverpool School Lane will focus on 10 pin bowling and feature a range of activities including American pool, shuffleboard,…
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