Restructuring

This covers restructuring activity across the UK foodservice, hospitality, and catering sectors, including business model overhauls, site closures, CVAs, administration processes, and turnaround plans. We report on the financial and strategic decisions affecting restaurant groups, pub operators, catering firms, and F&B suppliers, with analysis of their implications for staffing, operations, and supply chains. Designed for owners, operators, and executives navigating commercial pressures or monitoring market shifts among competitors and peers.

  • Aug- 2025 -
    19 August
    Pubs and BarsHospitality insolvencies ease slightly in H1 but still ‘historically high’ 

    Hospitality insolvencies ease slightly in H1 but still ‘historically high’ 

    The number of hospitality businesses entering insolvency eased slightly in the first half of 2025, but have still remained “historically high”, according to new findings from Buchler Phillips.  The firm’s Hospitality Index of insolvencies found that 1,706 accommodation and food service companies, including hotels, restaurants and pubs, closed in the…

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  • 8 August
    FeaturesCould Gusto’s fall signal a casual dining scene in crisis?

    Could Gusto’s fall signal a casual dining scene in crisis?

    Italian restaurant chain Gusto, once seen as a staple of mid-market dining in the UK, has become the latest brand to fall victim to the sector’s mounting structural and economic challenges.  On 29 July, the 13-site operator entered administration before being swiftly acquired via a pre-pack deal by Cherry Equity…

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  • 1 August
    Food and DrinkTough first half as mixed weather flattens June hospitality sales

    Tough first half as mixed weather flattens June hospitality sales

    Britain’s leading pub, bar and restaurant groups finished a soft first half of trading with sales exactly level year-on-year in June. It follows a drop of 1.0% in May, and means sales were static or negative in four of the first six months of 2025, with a warm April the…

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  • Jul- 2025 -
    16 July
    BusinessHospitality accounts for 10% of UK administrations in H1

    Hospitality accounts for 10% of UK administrations in H1

    The hospitality sector accounted for 10% of all UK administrations in the first half of 2025, making it the second worst-hit industry, according to analysis by law firm Shakespeare Martineau. A total of 783 businesses filed for administration between January and June, down 11% from 879 during the same period…

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  • 14 July
    RestaurantsDarwin and Wallace FY losses widen to £11.3m under new ownership

    Darwin and Wallace FY losses widen to £11.3m under new ownership

    Bar-restaurant operator Darwin and Wallace has seen its pre-tax losses widen, from £1.9m to £11.3m in the 70-week period to 30 September 2024, after restructuring its estate and operations under new ownership.  According to its latest filing at Companies House, the results were affected by an impairment charge of £7.3m,…

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  • Jun- 2025 -
    30 June
    Pubs and BarsBrewhouse and Kitchen narrows FY losses as margins improve

    Brewhouse and Kitchen narrows FY losses as margins improve

    Brewpub operator, Brewhouse and Kitchen, has reported a full-year operating profit of £189k, up from a £675k loss the prior year, despite facing a “challenging” trading environment.  While the company’s turnover dipped slightly to £16.3m for the year ended 28 September 2024, down from £16.7m in the year before, shareholders’…

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  • 11 June
    PeopleThe Revel Collective appoints new CFO

    The Revel Collective appoints new CFO

    The Revel Collective, an operator of premium bars and gastro pubs, trading mainly under the Revolution, Revolución de Cuba and Peach Pubs brands, has appointed Matthew Fowler as chief financial officer, effective 16 June. Fowler is an experienced public markets chief financial officer, having most recently held the same position…

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  • May- 2025 -
    9 May
    News-In-BriefToday’s news in brief – 09/05/25

    Today’s news in brief – 09/05/25

    Tasty has narrowed its operating loss from £2.6m to £1.6m in the year to December 2024, while its post-IFRS 16 operating profit rose by 33% to £0.4m. It comes as the owner and operator of dim t and Wildwood restaurants closed 16 sites through the restructuring plan it initiated in…

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  • 9 May
    RestaurantsTasty FY operating losses narrow to £1.6m amid restructuring plan

    Tasty FY operating losses narrow to £1.6m amid restructuring plan

    Tasty has narrowed its operating loss from £2.6m to £1.6m for the year ended 29 December 2024, while its post-IFRS 16 operating profit rose by 33% to £0.4m. It comes as the owner and operator of dim t and Wildwood restaurants closed 16 sites through the restructuring plan it initiated…

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  • Apr- 2025 -
    28 April
    BusinessHospitality insolvencies remain ‘historically’ high despite Feb fall

    Hospitality insolvencies remain ‘historically’ high despite Feb fall

    Accommodation and food services insolvencies were down 11% from 3,829 in the 12 months to February 2024 to 3,405 in the 12 months to February 2025, according to data from the Office for National Statistics. Insolvencies in the sector fell 20% to 271 in February 2025, compared with the same…

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