Restructuring

Restaurant group Tre Ciccio enters administration

Manchester-based Italian restaurant group Tre Ciccio has entered administration. Tre Ciccio opened its first restaurant in Altrincham in 2018 and…

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Losses at top 100 UK restaurant groups increase to £93m in last year

The UK’s top 100 restaurants made a £93m loss in the last year, down from a profit of £37m 12…

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Chilango in restructuring talks

Mexican fast-food chain Chilango has announced it is restructuring talks with accountancy firm RSM, which has been drafted in to…

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108 Brasserie & Bar appoints Emre Gunes as general manager

108 Marylebone Lane has appointed Emre Gunes as general manager at 108 Brasserie and 108 Bar. Bringing with him over…

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Closures hit ‘record’ levels in the first half of 2019

The number of stores closing down in the first six months of the year has reached its highest levels, with…

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Number of insolvencies fall over second quarter

The number of insolvencies in the UK has fallen by 14% for the second quarter of this year. The study…

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Pod sold to ASK Italian owner in pre-pack administration

Pod Food Limited has been sold to Azzurri Group, owner of the ASK Italian, Zizzi, Coco di Mama and Radio…

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15 of the top 20 UK restaurant companies ‘cannot cover debts’

According to research by accountancy group UHY Hacker Young, 15 of the top 20 UK restaurant companies do not have…

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Fazenda Bar and Grill completes internal restructure

Leeds-based law firm Blacks Solicitors LLP has overseen and helped coordinate the internal restructuring of ownership in Fazenda Rodizio Bar…

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UK’s top restaurant groups lost £82m in the last year

The UK’s top 100 restaurants made an £82m loss in the last year, down from a pre-tax profit of £102m…

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