Investment

Boxpark turnover drops to £19.9m amid ‘confident’ expansion plans

Boxpark’s turnover for the year ended 30 April 2024 dropped marginally to £19.9m, though the food operator said it is…

Read More »

Wasabi eyes expansion amid return to profit

Wasabi has revealed that it posted a profit of £21.9m for the year ended 31 December 2023. The company stated…

Read More »

Eataly sees losses reach £5m

Italian food hall and market Eataly has seen its pre-tax losses rise to £5m for the year ended 31 December…

Read More »

More than 34 pubs a month stopped trading in 2024, data finds

The number of pubs that stopped trading permanently across England and Wales rose by 6.7% on 2023 levels, with more…

Read More »

Admiral Taverns invests £800k in three sites

Admiral Taverns has revealed that it has invested £800k in three pubs; The Silkstone Arms in Sheffield, The Eagle in…

Read More »

UKH calls on gov to rethink approach to NIC changes

UKHospitality has called on the government to “rethink its approach” to upcoming changes to National Insurance contributions, warning that proper…

Read More »

Wingstop UK sells majority stake to Sixth Street

US private equity firm Sixth Street has announced that it has acquired a majority stake in Lemon Pepper Holdings, the…

Read More »

Stonegate Group invests £100m across estate in 2024

Stonegate Group has invested more than £100m in 2024 to “enhance” its estate, including major refurbishments as well as new…

Read More »

Azzurri Group profits double to £42m in FY24

Azzurri Group, the operator of ASK Italian,  Zizzi and Coco di Mama, has seen profits rise from £21.3m to £41.9m…

Read More »

Today’s news in brief – 17/12/24

Sales of pints in December could generate turnover of around £1.4bn, says the BBPA. This comes as the association believes…

Read More »