Wagamama owner sheds 2,000 jobs as losses widen October 2, 2025 The owner of Wagamama shed more than 2,000 jobs as its losses widened during its latest financial year, it has been revealed. The Restaurant Group, whose other major brand is Brunning & Price, has posted a pre-tax loss of £32.2m for 2024, new accounts filed with Companies House show. The total comes after the business [...]
KFC sheds jobs as UK profit jumps to almost £100m October 1, 2025 KFC has shed jobs in the UK and its profit surged to almost £100m during its latest financial year, it has been revealed. The fast food giant has posted a pre-tax profit of £97.6m for 2024, up from the £59.1m profit it achieved in 2023. However, new accounts filed with Companies House also show that [...]
Hawksmoor: Steakhouse in the red despite record sales September 30, 2025 Steak restaurant chain Hawksmoor has fallen into the red despite its sales passing the £100m mark for the first time. The London-headquartered business reported a pre-tax loss of £1.6m for 2024, down from the £1.4m pre-tax profit it achieved in 2023. New accounts filed with Companies House also show its turnover increased over the same [...]
Popeyes creates nearly 700 UK jobs as sales double September 30, 2025 The UK arm of fast food restaurant chain Popeyes has created almost 700 jobs as its sales more than doubled, it has been revealed. The division of the US giant increased its headcount in this country from 1,492 to 2,179, new accounts filed with Companies House have confirmed. The results also show that its turnover [...]
Wolseley City launch sends Wolseley Group subsidiary sales past £10m September 30, 2025 Strong sales at Wolseley City have pushed a subsidiary of the eponymous restaurant group’s sales past £10m for the first time, its latest accounts show. The King William Street-based bar and restaurant, which opened in November 2023, helped turnover at the Wolseley Hospitality Group jump 85 per cent to £10.8m in 2024, alongside the launch [...]
Wingstop creates 1,000 UK jobs as sales and profit jump September 29, 2025 Wingstop has created 1,000 jobs in the UK as its sales and profit surged before being taken over, it has been revealed. The UK franchise of the US restaurant chain increased its headcount from 1,230 to 2,216 during the nine months to the end of 2024, new accounts filed with Companies House show. Its turnover [...]
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’ September 29, 2025 Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024. The latest total comes after it [...]
The Ritz: Luxury London hotel makes fifth consecutive loss September 29, 2025 The Ritz hotel in London has made a loss for the fifth year in a row despite its turnover jumping in 2024, it has been revealed. The five-star hotel has reported a pre-tax loss of almost £3m for its latest financial year, down from the £10m loss it posted for 2023. The Ritz also made [...]
GBK: Gourmet Burger Kitchen creates 600 jobs amid profit return September 29, 2025 Gourmet Burger Kitchen has created almost 600 jobs as it returned to profit during its latest financial year. The restaurant chain increased its headcount from 1,652 to 2,235 in 2024, according to new accounts filed with Companies House. The results have also revealed that Gourmet Burger Kitchen achieved a pre-tax profit of £4.8m for the [...]
Pizza Express slices value by over £40m as sales slide September 25, 2025 Pizza Express slashed its value by more than £40m in 2024, it has been revealed, as its sales also dipped. The restaurant chain’s pre-tax losses went from £7.9m to £40.7m while new accounts filed with Companies House also show its revenue slipped from £454.5m to £442.1m over the same period. In the UK and Ireland, [...]