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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Sep- 2025 -25 SeptemberRestaurants
Pizza Express takes £41.8m one-off charge as FY profits recover
Pizza Express has reported that a non-cash charge of £41.8m has reduced the carrying value of the brand to £421.7m for the year ended 29 December 2024. The company maintains that this accounting provision did not reflect underlying trading performance. Excluding exceptional charges, Pizza Express posted a profit before tax…
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18 SeptemberRestaurants
Domino’s appoints Andrew Andrea as new chief financial officer
Domino’s Pizza Group has appointed Andrew Andrea as chief financial officer, with effect from March 2026. Andrea is currently finance chief at drinks company C&C Group. He spent more than two decades at pub operator Marston’s, including 12 years as finance director, and has held senior roles at Dollond and…
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15 SeptemberRestaurants
Restaurant takeover deals rise 88% in past year
The number of takeover deals targeting UK restaurant groups has soared by 88% in the past year, according to analysis by law firm TWM Solicitors. It found that the sector witnessed 30 deals in 2024/25, up from 16 in 2023/24, due to a combination of lower interest rates, rising investor…
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Aug- 2025 -19 AugustPubs and Bars
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 AugustFeatures
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 AugustFood and Drink
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 JulyBusiness
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 JulyRestaurants
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 JunePubs and Bars
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 JunePeople
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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