Martin Williams interview: New Evolv boss on aggressive growth and the closure of M May 22, 2025 In a new series interviewing the judges of our new Toast the City awards, our Life&Style editor sat down with new Evolve Collection boss to talk Terence Conran, aggressive growth and how it feels to see M Restaurant close Few people have had a bigger impact on the City’s food and drink scene than Martin [...]
Easyhotel significantly slashes losses as return to profit nears May 21, 2025 Easyhotel significantly slashed its losses as it took a huge step towards returning to profit for the first time since before the Covid-19 pandemic. The London-headquartered budget hotel chain has posted a pre-tax loss of €1.8m (£1.5m) for 2024, down from the €10.5m (£8.9m) it reported for 2023. The latest pre-tax loss figure is the [...]
Greene King vs Spoons: Who is winning the great British pub battle? May 20, 2025 There are few well-populated areas of the UK where you can’t find either a Greene King or JD Wetherspoon pub. The two titans of the British pubs industry together operate thousands of locations each across the country and are staples of most urban areas. Both are major contributors to the UK economy – providing employment [...]
Greggs gains momentum after lacklustre start to the year May 20, 2025 Greggs has reported an uptick in sales boosted by its expanded food and drink offering. Its share price rose six per cent as investors cheered the return to strong trading. The FTSE 250 company reported a 2.9 per cent increase in sales in the 20 weeks to May 17, an improvement from 1.7 per cent [...]
Greene King: Pub giant calls for ‘urgent help’ after losing £150m May 19, 2025 Pub giant Greene King has issued an urgent plea to the government for help after slumping to a near-£150m loss in 2024. The Suffolk-headquartered group fell to a pre-tax loss of £147.1m during its latest financial year, having posted a profit of £45.2m in 2023. Greene King, which operates around 2,600 pubs, restaurants and hotels across England, [...]
Full -Throttle Corporate Experiences at F1 Drive – London May 14, 2025 Are you looking for a unique and exhilarating corporate experience in London? F1® DRIVE – London offers motorsport enthusiasts an unparalleled opportunity to step into the high speed world of Formula 1. This unique attraction combines cutting-edge technology with thrilling karting experiences, bringing your team closer to the action like never before. Located beneath the [...]
Wetherspoon, Marston’s and Young’s manage to fend off UK pubs crisis – for now May 13, 2025 Some of the UK’s biggest pub chains – JD Wetherspoon, Marston’s and Young’s – have all proved surprisingly resilient in avoiding the hospitality crisis predicted last Autumn. The London-listed companies have all reported better-than-expected trading over the last year, despite very low business and consumer confidence. In an update to markets this morning, Marston’s reported [...]
Exclusive: Gaucho owner to shut City icon M Restaurant next week May 12, 2025 Iconic Square Mile dining spot M Restaurant is to shut for good next week after 10 years serving steak to the City. The move comes after founder Martin Williams left M’s parent company Rare Restaurants in October. City AM understands new chief executive Baton Berisha, who assumed the role in March following spells at The [...]
Brick Lane curry houses could ‘go bust’ due to net zero push May 12, 2025 The drive to reach net zero has transformed the way most Brits live. But when Brick Lane restaurant owner Guljar Khan opened his first curry house with his brother more than two decades ago, he never imagined that it might one day change the way tandoori chicken is cooked. Khan has seen his mini empire [...]
Pizza Hut: The fortune owed by firm behind UK restaurants before rescue May 12, 2025 The company behind Pizza Hut’s restaurants in Britain owed more than £50m as it collapsed before being rescued, it has been revealed. Heart With Smart (HWS) was saved in January by an entity controlled by investment firm Directional Capital in a deal which salvaged all but one Pizza Hut location. Its new owner was the [...]