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.
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Jan- 2026 -27 JanuaryPubs and Bars
The Revel Collective to appoint administrators, 2,200 jobs at risk
The Revel Collective, which used to be known as Revolution Bars, has resolved to file a notice of intention to appoint administrators yesterday (26 January) to the company and several subsidiaries. The move follows discussions with secured lenders, and is expected to put more than 2,200 jobs at risk across…
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7 JanuaryPubs and Bars
NWTC posts £13.9m FY loss following CVA
The New World Trading Company has fallen to a £13.9m full-year loss after restructuring costs and interest expenses linked to its capital structure, a year after a CVA was approved by creditors. Despite the loss, the hospitality operator reported higher underlying earnings in the 52 weeks to 30 March 2025,…
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Dec- 2025 -11 DecemberFood and Drink
Leon files for administration and plans site closures
Leon is to close sites and cut jobs after filing for administration as part of a restructuring led by co-founder John Vincent, who bought back the fast-food chain from Asda last month. The company has applied for an administration order to support proposals for a company voluntary arrangement (CVA) aimed…
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5 DecemberRestaurants
Niyamo Capital takes majority stake in Byron Burger
Niyamo Capital has acquired a majority stake in Byron Burger through Tristar Foods, with minority investor Calveton UK remaining involved in the business. The deal marks the start of a restructuring programme aimed at restoring the brand’s financial performance and developing new growth opportunities in the UK and overseas. Byron,…
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3 DecemberFeatures
Pizza Hut UK’s future and the state of the pizza market
Pizza Hut is heading into one of the most turbulent periods in its UK history after its restaurant operator collapsed into administration, a moment that brought a familiar high-street brand abruptly back into the news. DC London Pie Limited, which ran Pizza Hut’s dine-in estate, appointed FTI Consulting as administrators…
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Nov- 2025 -19 NovemberRestaurants
Middletons Steakhouse saved after administration sale
Middletons Steakhouse has been acquired out of administration by a new group controlled by its existing shareholders. Following their appointment, joint administrators Tim Bateson and James Clark from Interpath concluded a sale of the business and assets to secure the future of the company The transaction sees all of the…
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Oct- 2025 -30 OctoberCafes and Coffee Shops
Starbucks returns to sales growth in Q4 amid turnaround plan
Starbucks has reported that global store sales rose 1% in the fourth quarter to 28 September with consolidated revenues rising 5% year-on-year to $9.6bn (£7.5bn), as the group’s “Back to Starbucks” turnaround plan continues. This marks a return to global sales growth for the first time in seven quarters at…
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24 OctoberPubs and Bars
Revel Collective launches strategic review amid weak trading
The Revel Collective has launched a strategic review that could lead to a sale of the company or parts of its business after continued weak trading and rising costs. The board of the premium bar and gastro pub operator said it was considering “all options”, including a formal sales process…
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20 OctoberRestaurants
Yavuz Pehlivanlar named CEO of newly formed Hakkasan Group
Mohari Hospitality has appointed Yavuz Pehlivanlar as chief executive of the newly established Hakkasan Group, which brings together the Hakkasan, Yauatcha, Ling Ling and Sake No Hana restaurant brands. Pehlivanlar will lead the group’s international growth and oversee brand development across its portfolio of 22 restaurants in cities including London,…
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16 OctoberRestaurants
Whitbread restaurant sales fall 11% as group profit holds steady
Whitbread has reported an 11% fall in food and beverage sales for the first half of its 2026 financial year as it continues to replace lower-returning branded restaurants with integrated dining facilities alongside Premier Inn hotels. The company said the performance was in line with expectations and partly offset by…
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