United States

Pret owner explores new investors ahead of possible IPO

Pret A Manger owner Jab Holding has reportedly engaged advisers to explore bringing in new investors for the business ahead…

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Black Sheep Coffee and Costa open new cafés on Edgware Road

Two major coffee chains, Black Sheep Coffee and Costa, have opened new sites on Edgware Road in the west end…

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Pret appoints former Restaurant Brands CEO as chairman

Pret A Manger has announced the appointment of José Cil, former CEO of Restaurant Brands International, which owns brands such…

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BoE cuts interest rates to 4.25%

The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…

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Foodservice YoY inflation holds steady at 1.8% in February

Foodservice inflation held steady at 1.8% year-on-year in February, while month-on-month inflation saw a slight decrease of 0.1%, according to…

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Confronting the realities of foodservice inflation

The latest CGA Prestige Foodservice Price Index (FPI) brought a rare moment of relief to the UK. January 2025 marks…

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Wendy’s plans to open 50th UK restaurant this year

Wendy’s has revealed that the brand is on track to open its 50th UK restaurant in 2025, a year that…

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BoE holds interest rates at 4.5%

The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…

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Red Engine unveils expansion plans amid ‘record-breaking’ Q4

Red Engine, the hospitality group behind Flight Club and Electric Shuffle, has unveiled its 2025 global expansion plans as its…

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Eataly sees losses reach £5m

Italian food hall and market Eataly has seen its pre-tax losses rise to £5m for the year ended 31 December…

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