Sales

Goldman Sachs amongst bidders for Subway

An arm of Goldman Sachs is amongst potential bidders to acquire Subway after the business was put on sale, according…

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El Mexicana chain bought out of administration

The Mexican restaurant brand, El Mexicana, has been bought out of administration by Cholco Consulting Limited, securing 92 jobs across…

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Northern cities lead growth for UK hospitality, research finds

Cities in the north of England are leading growth in UK hospitality despite the impacts of Covid, the cost of…

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Good Q4 for contract catering but sales still behind 2019 levels

Contract catering sales were 27% higher between October and December 2022 compared with 2021, according to data from CGA and…

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Record employment figures shows hospitality’s growth potential, says UKH

A record 2.6 million people are now employed in accommodation and food service, with the sector creating one in five…

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2,000 pubs face closure without budget aid, industry warns

Some 2,000 pubs across the UK are facing closure, the British Beer and Pub Association (BBPA) has warned, as it…

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Cornish Bakery profits hit £3.1m in FY22

Independent bakery chain Cornish Bakery has announced a profit before tax of £3.1m for the full year to May 2022,…

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Various Eateries FY losses widen amid margin pressures

Various Eateries has seen its pre-tax loss widen to £7.2m, up from a loss of £3.7m in FY21, as profitability…

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Houston and Hawkes appoints seven new members to operational team

Houston and Hawkes, an independent catering service, has made seven senior appointments to its operational team. Emilie Whiteoak, previously with…

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Third of hospitality firms at risk of going under, says UKH

UKHospitality has revealed that 32% of hospitality firms are at risk of failure within the next year, despite hospitality sales…

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