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 -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 ยฃ11.50 per hour, which is almost 20% higher than the average…
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6 SeptemberGovernment
Government has โno planโ 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.ย 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 โact quickly and decisivelyโ to save sector
UKHospitality has urged the new prime minister to act โquickly and decisivelyโ 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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2 SeptemberRestaurants
McKirdyโs Steakhouse brought to market for ยฃ450,000
McKirdyโs Steakhouse, located in the Edinburgh city centre, has been brought to market by DM Hall as a result of the ownerโs impending retirement. It is inviting offers over ยฃ450,000 for the business which is supplied by McKirdy Butchers, which has been active in Edinburgh and East Lothian since 1895.…
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Aug- 2022 -31 AugustFeatures
Why Rekom has expanded its presence into the UK with Proud Mary
Tell me about the history of Rekom.ย Rekom started in Copenhagen in 2007, a group of individual bars decided to stop competing against each other and decided to come together to create one company. Over the last 25 years it’s grown from just Copenhagen to other parts of Denmark, and…
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26 AugustGovernment
CBI calls for emergency grant to tackle energy crisis
The Confederation of British Industry (CBI) with business groups has called for the Government to introduce Covid-style emergency grants and a cut in VAT as part of a package of measures to help firms survive spiralling energy costs. New survey data from the CBI reveals the extent to which businesses…
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26 AugustPubs and Bars
Trust Inns acquires The Punch Bowl Inn in Lincolnshire
The Punch Bowl Inn, a gastro pub-restaurant in Cleethorpes, Lincolnshire has been acquired for the first time in 34 years by the Lancashire-based pub company, Trust Inns for an undisclosed sum.ย Located in a north east Lincolnshire seaside town, the pub is in the townโs North Promenade with a 120-cover…
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24 AugustPubs and Bars
Trust Inns FY profits hit ยฃ5.6m
The northwestern pub operator, Trust Inns, has announced that the groupโs pre-tax profits hit ยฃ5.6m in the year to 31 March 2022, compared to a loss of ยฃ8.5m the year before.ย ย The results show that the groupโs pre-tax profits increased by ยฃ14.7m from the loss of ยฃ9.1m in the prior…
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24 AugustPubs and Bars
Rekom to open UKโs first Proud Mary Pub
Rekom, a pub and bar operator, has begun work on the former Yard Bar, St Maryโs Street in Cardiff which will see it become the UKโs first Proud Mary Pub. Operating over two floors, with a 950 capacity, Proud Mary Pub will be a โrelaxed, party pub with the blended…
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17 AugustCatering Companies
Hostmore appoints non-executive director
Hostmore plc, the hospitality business with brands including Fridays, 63rd+1st, and Fridays and Go, announced the appointment of Stephen Welker to the companyโs board as a non-executive director, effective as of this week. It is reported that Welker brings a wealth of experience both from investment companies and the hospitality…
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