London Stock
Coverage of share price movements, investor updates, and market performance for publicly listed foodservice, hospitality, and F&B companies trading on the London Stock Exchange. This section delivers insight into financial results, growth forecasts, leadership statements, and macroeconomic factors influencing valuation, supporting operators, executives, and industry stakeholders who monitor market sentiment and strategic direction across the UK’s listed hospitality sector.
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Jan- 2025 -27 JanuaryFood and Drink
SSP Group names incoming CFO
The operator of F&B sites in travel locations, SSP Group, has announced that Geert Verellen will join in early April 2025 as CFO designate, following deputy chief executive and CFO Jonathan Davies’ intention to retire. Davies has been the group chief financial officer of SSP since its original formation within…
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Nov- 2024 -28 NovemberBusiness
Just Eat to delist from London Stock Exchange
Just Eat has given a notice of intention to delist from the London Stock Exchange in order to reduce the administrative burden, complexity and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing. It added that in the context of low liquidity and trading volumes of…
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Sep- 2024 -24 SeptemberRestaurants
D&D London owners in talks over TGI Friday’s rescue deal
Breal Capital and Calveton, owners of D&D London, are reportedly in talks over a bid to rescue the UK operations TGI Friday’s, according to Sky News. TGI Friday’s UK parent company Hostmore fell into administration last week (19 September). Industry sources told Sky the deal was likely to see the…
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19 SeptemberRestaurants
TGI Friday owner calls in administrators, 4,500 jobs at risk
Hostmore, the group behind TGI Fridays restaurants in the UK, has officially appointed administrators from Teneo Financial Advisors. A total of 87 TGI Fridays restaurants have been put up for sale, endangering some 4,500 jobs. Hostmore said it is hopeful that all UK-based restaurants sell to new owners by the…
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Jul- 2024 -30 JulyNews
Today’s news in brief – 30/07/24
Greggs has reported that sales rose 13.8% to £960.6m during H1. During the period, the food-on-the-go retailer saw underlying profit before tax rise 16.3% to £74.1m and opened 99 new shops, including 30 relocations and 18 closures. This resulted in 2,524 shops trading. Greggs remains on track to achieve 140…
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30 JulyPubs and Bars
JD Wetherspoon boss sells £10m of company shares
JD Wetherspoon boss Tim Martin has sold almost £10m worth of shares in the pub chain. On 26 July 2024, Martin sold 1,361,000 of the company’s ordinary shares on the London Stock Exchange at a price of £7.39 per share. As a result of the transaction, Martin’s voting rights in…
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Apr- 2024 -16 AprilRestaurants
Hostmore to acquire TGI Fridays for £177m
Hostmore has reached an agreement for an all-share acquisition of TGI Fridays for £177m, including the business’ brand in the US which is the company’s franchisor. The parties have agreed that the proposed transaction would result in existing Hostmore shareholders holding a 36% shareholding in the enlarged business upon completion,…
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Feb- 2024 -2 FebruaryPeople
UKH appoints first deputy chief executive
UKHospitality has announced the appointment of Allen Simpson as its new deputy chief executive, bolstering its senior team at “critical” time for hospitality. Simpson joins the trade body from London and Partners, the Mayor of London’s tourism, inward investment and city marketing agency, where he served as executive director, and…
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Oct- 2023 -6 OctoberNews
Today’s news in brief – 06/10/23
JD Wetherspoon revenues increased by 10.6% to £1.9bn for the year ending 30 July. Compared with FY19, like-for-like sales for the year grew by 7.4%, driven by increases in bar sales, food sales, slot/fruit machine sales, and hotel sales. Compared with FY22, like-for-like sales increased by 12.7%. Operating profit rebounded…
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6 OctoberRestaurants
London Stock opens new site in Mayfair
Fine dining restaurant London Stock has opened its doors on 6 Sackville Street in Mayfair. Founded by Le Cordon Bleu-trained Assem Abdel Hady and Andres Bernal with the aim of redefining the traditional fine dining experience, the restaurant was originally based in Wandsworth, opening in January 2020. The new space…
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