Investment
Our coverage tracks financial activity shaping the UK foodservice and hospitality sector, from venture capital and private equity backing to corporate acquisitions, refinancing deals, and growth funding. Our reporting is focused on the operators, brands, and concepts attracting capital, and what that means for the wider industry. Whether you’re a restaurant group seeking funding, a pub chain monitoring market valuations, or a catering contractor analysing competitor growth, our investment coverage delivers intelligence that helps business leaders understand where money is flowing, and why. Expect deep dives, expert commentary, and deal-by-deal context, all tailored to the foodservice trade.
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Sep- 2022 -26 SeptemberPubs and Bars
Scratch Consultancy expands lease with Star Pubs and Bars
Business consultancy company, Scratch Consultancy, has taken the lease on its second site with Star Pub and Bars, The Compasses in Chelmsford, with aspirations to build an estate of five pubs across Essex and North Kent with the pub and bar operator. The two companies will undertake a joint £250k…
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23 SeptemberNews
Chancellor announces sweeping tax cuts in first mini-budget
Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as part of the new government’s first mini-budget. Setting out his aims for economic growth, Kwarteng said that he wants the economy to increase by 2.5% annually in the medium-term, through…
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15 SeptemberPubs and Bars
New Britannia in Preston unveils £138k refurb
The historic local pub, the New Britannia in Preston, has unveiled its new look after an investment of £138k was made to restore the property. It is reported that a complete overhaul of the pub’s appearance has been made, while also maintaining the New Britannia’s 180-year-old charm for guests to…
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13 SeptemberNews
Liberation Group reports ‘encouraging performance’ amid 6.3% sales rise
The Liberation Group, consisting of over 120 pubs, bars and inns across the UK, has reported that over the period of 21 May to 3 September 2022 its total LFL sales across its managed pub division was up 6.3% on 2021 figures and 30.0% up on 2019. It said that…
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13 SeptemberCatering Companies
Compass raises more than £680m for net zero ambitions
Compass Group, a global food services company, has issued two sustainable bonds which will be used to fund its global net zero target. The bonds have raised £433m and £250m respectively and will be used to progress Compass’ sustainability initiatives. In October 2021, Compass became the first international company in…
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13 SeptemberPeople
200 Degrees appoints new head of people
Independent specialty coffee roasters, 200 Degrees Coffee, has announced the appointment of Charlotte Coore as the group’s new head of people. In her new role, Coore will be leading the business’ HR department. The news comes as 200 Degrees, which operates 17 coffee shops across England and Wales, has recently…
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9 SeptemberRestaurants
Michelin-star chef Mark Sargeant to open new restaurant
Former Chef of the Year Mark Sargeant has announced the opening of his new restaurant, The Brasserie MS, an Art Deco-inspired eatery with a focus on fine dining. Sargeant is a former protégé of Gordon Ramsay and the winner of a Michelin star. The restaurant is located in Folkestone, a…
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7 SeptemberRestaurants
Itsu announces 13% pay rise for all staff
Itsu has announced a pay rise of up to 13% across its entire workforce to help employees cope with rising prices in the UK, amid the cost-of-living crisis. The investment will see entry-level pay boosted to a minimum of £11.50 per hour, which is almost 20% higher than the average…
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6 SeptemberGovernment
Government has ‘no plan’ to introduce hospitality work visa
The Government has said it has “no plan” to introduce a hospitality worker visa scheme despite a petition which has gained nearly 17,000 signatures. The petition, started by Thiago Luz Togni (general manager of Temper Shoreditch in London), called for the creation of a visa like the seasonal worker visa…
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5 SeptemberTrade Associations
UKH urges new PM to ‘act quickly and decisively’ to save sector
UKHospitality has urged the new prime minister to act “quickly and decisively” in order to save the sector in the face of increasing costs due to the energy crisis. The news comes as Liz Truss was confirmed as the new prime minister after beating former chancellor Rishi Sunak in the…
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