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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Nov- 2020 -4 NovemberCoronavirus
Zizziโs in Bristol forced to close after alleged Covid-19 breach
A Zizzi restaurant near Bristol was forced to close by police as the authorities investigated an alleged report that staff were ordered to come into work while awaiting coronavirus test results. According to the Guardian, the chain restaurant in Clifton village closed on Thursday, 29 October after staff reported the…
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Oct- 2020 -22 OctoberGovernment
Rishi Sunak expected to announce Tier two job support
The Chancellor of the Exchequer, Rishi Sunak, is set to update the current Job Support Scheme (JSS), aiding those in Tier two areas. The scheme will see those who are working a third of their normal hours gain an extra 22% of their wage from their employer and the government…
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20 OctoberNews
Star Pubs and Bars moves to three-tier rent approach
Star Pubs and Bars has announced it is increasing rent concessions for its leased and tenanted pubs in England with a new structure of discounts aligned to the governmentโs tier system of Covid restrictions. As part of the latest package of support for Star pubs in England, Tier 3 (very…
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14 OctoberFood and Drink
Just Eat sees sales surge 46%
Takeaway delivery company Just Eat has revealed its sales surged 46% during the third quarter of the year, boosted by its partnerships with McDonaldโs and Greggs. The company revealed that it delivered 151 million orders globally during the quarter up from 103 million the previous year. In the UK it…
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14 OctoberNews
Bluestone resort has restaurant proposals approved
Bluestone National Park Resortโs plan to turn Black Pool Mill into a restaurant has been approved. The Pembrokeshire Coast National Park Planning Authority greenlit a proposal to turn the mill into a heritage restaurant alongside plans to create a cafe and exhibition space in the surrounding buildings. Some 160 diners…
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9 OctoberGovernment
Hospitality sector demands ‘clarityโ amid closure rumours
Hospitality workers in the North of England are requesting clarity from UK government officials following news that restaurants and bars may have to close from Monday.ย According to Sky News, ministers are said to be still finalising a โtraffic light system planโ where different areas of England with the highest…
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9 OctoberPubs and Bars
Star Pubs & Bars invests ยฃ2.8m in rent reductions
Star Pubs & Bars has invested a further ยฃ2.8m investment in its rent concession programme throughout November for its leased and tenanted pubs. Further investment in the programme will be subject to review on a monthly basis from Star Pubs & Bars. The pub companyโs total investment in rent reductions…
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7 OctoberCoronavirus
New Scottish Covid-19 restrictions โrisk young peopleโs futureโ
A member of the Scottish Hospitality Group (SHG) has warned that renewed Covid-19 restrictions are a โrisk [to] young peopleโs futureโ. Stephen Montgomery, who owns two hotels in Dumfries, said that restrictions being mulled by authorities which may come into force after the furlough scheme ends โwill cost jobsโ. He…
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5 OctoberApps & Technology
Deliveroo eyes London float, appoints Goldman to oversee plans
Deliveroo has reportedly appointed investment bankers to oversee flotation plans for next year, according to Sky News. The food delivery app has reportedly started working with Goldman Sachs on its plans for an initial public offering (IPO), with a float expected to take place in London next year. Insiders told…
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5 OctoberComment
Unprofitable hotel kitchens cannot be sustained, but food delivery holds the answer
Nationwide lockdown is over, staycations are booming, and yet across the hotel industry, thousands of venues are struggling with low occupancy rates, particularly hotels in city centres, not to mention the considerable costs incurred as owners go to extreme lengths to make patrons feel safe during their stay. In an…
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