Inflation

Nando’s revenues hit £1.2bn in FY23

Nando’s has reported that revenues increased to £1.2bn for the year ending February 2023 with sales for the group in…

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Why have London’s restaurants continued to become more expensive?

Data from Harden’s London Restaurants 2024 guide found that the number of restaurants in London charging £150 per head or…

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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…

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Mitchells and Butlers sees profits dip to £98m in FY 2023

Restaurant group Mitchells and Butlers has revealed that its operating profits dropped from £124m to £98m for the 53 weeks…

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Confidence in hospitality sector climbs again

Nearly half (49%) of hospitality business leaders feel confident about the hospitality market over the next 12 months, up by…

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Compass profits hit £1.89bn amid surging sales

Catering company Compass Group has reported a 26.1% increase in operating profit to £1.89bn for the year ended 30 September…

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Drink sales remain flat in November, says CGA

UK drinks sales remained flat in the first full week of November due to more wet weather, according to CGA…

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Wet weather dampens managed hospitality venue sales in October

Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, according to data from…

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Will train strikes affect the hospitality industry this Christmas?

Last week the National Union of Rail, Maritime and Transport Workers (RMT) announced that it had signed a Memorandum of…

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Daniel Thwaites turnover jumps 4% in H1

Daniel Thwaites has revealed that turnover for the half-year ended 30 September hit £60.3m, increasing by 4%. This is despite…

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