Restructuring
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Jun- 2021 -24 JuneCoronavirus
Industry leaders predict ‘positive outlook’ for hospitality after lockdown
The UK’s hospitality industry will have a “broadly positive future”, according to leading industry figures who spoke at the latest…
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Mar- 2021 -10 MarchRestaurants
The Restaurant Group to raise £715m to offset Covid-19 impact
The Restaurant Group (TGR) has announced it plans to raise £175m in a move which will aim to enhance liquidity,…
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3 MarchBusiness
Fazenda owner bought out of administration
Begbies Traynor has overseen the pre-package sale of City District Limited to Southern Wind Group Limited, who has acquired a…
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Feb- 2021 -11 FebruaryCoronavirus
Hospitality should prepare for ‘turbulent year’, says Duff and Phelps
Business owners across the hospitality and leisure sectors throughout the UK need to “take stock” and prepare themselves for yet…
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8 FebruaryCoronavirus
Losses from top 100 UK restaurant groups rise 112% to £571m
The top 100 UK restaurants groups saw their losses soar by 112% to £571m last year, rising from reported losses…
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Jan- 2021 -11 JanuaryCatering Companies
Sodexo sees 27% total group revenue decline
Sodexo has reported that for the first quarter fiscal 2021, total group revenue declined 27% to €4.4bn (£3.2bn) from €6.07bn…
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4 JanuaryCafes and Coffee Shops
Lord Sugar joins legal battle against Caffe Nero CVA
Lord Sugar has allegedly joined forces with billionaire Issa brothers to rally against Caffe Nero’s CVA rescue deal. According to…
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Dec- 2020 -21 DecemberComment
What lies ahead for independent restaurants?
Life as an independent restaurant operator has never seemed tougher, particularly for those living within the shackles of tier 3…
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14 DecemberNews
Chilango could ‘become the next Chipotle’, says owner
Sameer Rizvi, CEO of RD Capital Partners, has predicted that Mexican restaurant chain Chilango could become the “next Chipotle” after…
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8 DecemberRestaurants
Barburrito secures future with sale to co-founders
Barburrito, the Mexican eatery, has secured its future through an administration sale securing new investment in the business. Barburrito chairman…
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