Revenue
Our coverage brings together critical reporting on revenue performance across the UK hospitality and foodservice sector. We cover everything from operator trading updates and income breakdowns to revenue drivers like pricing, footfall, menu engineering, and channel diversification. Whether you’re a multi-site pub group tracking seasonal income, a restaurant CFO analysing unit economics, or a catering firm monitoring year-on-year growth, our coverage offers sharp insights into how businesses are generating, and protecting, revenue in today’s market. Expect detailed financial reporting with practical relevance for commercial foodservice leaders.
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Sep- 2019 -11 SeptemberPeople
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 15 years’ experience in the hospitality industry, Gunes has a wealth of experience across a range of high-end restaurants in the capital. He will be joining 108 Marylebone Lane from…
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11 SeptemberBusiness
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 2868 closures recorded for the period. An average of 16 stores a day shut their doors, according to research by the Local Data Company (LDC) and accounting firm PwC. The…
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Aug- 2019 -28 AugustRestaurants
Pizza Express group earnings down by 7.7% in H1
Pizza Express saw its group earnings drop by 7.7% for H1, in spite of a small rise in sales for the 26 weeks up to 30 June. Group EBITDA for H1 was down 7.7% to £32.4m, with total sales up 2.6% and like-for-like sales up 0.2%. The group cited “industry-wide…
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16 AugustCatering Companies
Real Good Food reports losses of £26m
Cake decoration and food ingredients business Real Good Food has reported losses of over £26m for the year ending 31 March 2018, compared with £9m loss in the previous year. Losses were compounded by an £18.7m impairment charge, revenue from continuing businesses decreased by 3.4% from £63.8m to £61.6m. The…
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15 AugustRestaurants
Bangor restaurateurs banned for under-declaring sales
Two restaurateurs in Bangor, have been banned for under-declaring sales and failing to account for cash, according to the Department for Economy of North Ireland. Paul Stephen O’Kane (49) of Clifton Gate, Bangor and Amanda O’Kane (42) of Dunkeld Chase, Bangor, have been disqualified as a result of their “conduct”…
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15 AugustAdvice
Fool-Proof Guide To Serving Hot Drinks
Whether you are running a cafe, bar, pub or serve drinks for conferences; devising a successful and profitable coffee offer takes considered planning. To cover all bases, consider these four key areas. Know your beans It doesn’t matter if you opt for single origin, pure arabica, a blend or coffee…
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13 AugustAnalysis
Spotlight: Restaurant chains defying the high street downturn
Pizza Express Pizza Express has been a mainstay on the UK highstreet since it was founded in 1965. In spite of a fairly saturated Italian dining scene the brand has maintained its presence where a majority of its competitors have struggled, including Jamie’s Italian, Prezzo and Carluccio’s. One of the…
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Jul- 2019 -25 JulyGovernment
Jailed restaurateur hit with 12-year ban after £1m tax fraud
Jailed restaurateur Lam Chin Seong, from Barnet, has been banned from running companies for 12 years after he was found to owe HM Revenue and Customs (HMRC) over £1m. Seong was the sole director of Novari Limited and Novari (at the O2) Limited, which were both incorporated in 2012. The…
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18 JulyPubs and Bars
Southwark Council approves late-night levy approval
Southwark Council has voted in favour of a late night levy, which will see all licensed businesses in the area be charged to sell alcohol after midnight. The levy was approved at a Council meeting yesterday (17 July), and was opposed by local businesses and trade body UKHospitality. The group…
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10 JulyAnalysis
The hungry searcher
Last month, it was revealed Jamie’s Italian restaurant chain collapsed with 22 restaurant closures. This is the continuation of a trend which has seen a number of food outlets – including Ed’s Easy Diner, Giraffe and Gourmet Burger Kitchen (GBK) – close their doors, and has prompted speculation that Brits…
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