UHY Hacker Young

Private equity in hospitality: a lifeline or a looming takeover?

French restaurant group Bistrot Pierre was the latest British chain to be acquired out of administration by a private equity…

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Today’s news in brief – 21/10/24

The UK’s top 100 restaurant groups saw profits dip to £244.1m in 2024 from £246.5m, according to new research by…

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Top 100 restaurant groups see profits dip to £244.1m in 2024

The UK’s top 100 restaurant groups have seen their profits dip from £246.5m in 2023 to £244.1m in 2024, new…

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Today’s news in brief – 08/07/24

Insolvencies of pubs and bars have jumped 30% in a year, according to data from UHY Hacker Young. For the…

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Pub and bar insolvencies jump 30% in past year

The number of insolvencies of pub and bar companies has jumped 30% in the past year, according to data from…

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Pub insolvencies soar 83% in past year

Insolvencies among pub and bar companies have risen by 83% in the past year to a total of 512, according…

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How the Hospitality Industry can combat the insolvency crisis

After a report from UHY Hacker Young showed that UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to…

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UK restaurant insolvencies surge 64%

UK restaurant insolvencies have jumped 64% year-on-year from 856 in 2020/21 to 1,406, as rising inflation, decreased consumer spending and…

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Losses at top 100 UK restaurant groups surge 24% to £832m

Losses at the Top 100 UK restaurant groups grew 24% from £673m to £832m in just the past six months,…

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Restaurant insolvencies rise to 354 in Q4

Restaurant insolvencies jumped by a fifth to 354 in the last quarter of 2021, rising from 296 in Q3, according…

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