Rick Stein’s restaurant group serves up losses as jobs cut September 24, 2025 Rick Stein’s restaurant group served up higher losses in 2024 amid falling sales and job cuts, it has been revealed. Spread across three companies, each entity recorded a lower turnover and widening pre-tax losses for 2024 compared to 2023. The Stein Group includes twelve restaurants, a cookery school in Padstow and a meal kits business. [...]
Asda-owned Leon cuts hundreds of jobs as work from home trend bites September 17, 2025 Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]
Coco di Mama boss: ‘Extreme’ tube strikes pressuring hospitality at crucial time September 11, 2025 Coco di Mama’s boss has said that the significant tube strikes this week have put pressure on the sector at a difficult time. The strikes, which began on September 7, have caused mass disruption in the City as Londoners attempt to find other ways to get to work or opt to stay at home. “It’s [...]
Carlton Club in the red as it counts the cost of Labour’s victory September 11, 2025 The Conservative Party stronghold, the Carlton Club, has fallen into the red as it counted the cost of Labour’s victory in last year’s general election. The private members’ club, which was the original home of the party, said it lost out on revenue after “functions declined due to the cancellation of political events following political [...]
Strongbow and Jägermeister social media ads banned for promoting irresponsible drinking September 10, 2025 Social media posts by Strongbow and Jägermeister have been banned by the UK’s advertising watchdog for suggesting that alcohol takes priority in life and social settings. Two Jägermeister ads on social media and one Instagram skit promoting a can of strawberry Strongbow – which is owned by Heineken – have been banned by the Advertising [...]
Tube strikes: Sadiq Khan urged to compensate hospitality sector September 9, 2025 Mayor of London Sadiq Khan has been told to ease the financial burden on the hospitality sector as firms face the crunch of tube strikes. Khan, who was criticised for his absence as the strikes got underway, has been urged to give the sector a “rent and rate holiday” so they can weather the strikes. [...]
Losses balloon at Ryder Cup host Celtic Manor Resort September 9, 2025 Losses have ballooned at the company behind the former Ryder Cup host Celtic Manor Resort despite its revenue rising during its latest financial year, it has been revealed. The five-star golf, spa and hotel destination, which is located near Newport in Wales, has posted pre-tax losses of £11.3m for 2024, according to new accounts filed [...]
Raising Cane’s: Billionaire’s KFC rival and TikTok sensation to open in the UK September 4, 2025 Raising Cane’s, the US fast food giant which has become a sensation on TikTok, has confirmed plans to open its first UK location next year. The business is to launch its flagship site at 21-22 Coventry St in London’s West End towards the end of 2026. An exact opening date has yet to be announced. [...]
Gen Z prioritise fitness spending over pubs and restaurants September 3, 2025 Spending by Gen Z on fitness activities has jumped in the last year as Brits focus on fitness over pubs and restaurants, according to new data. With three quarters of Gen Z exercising at least twice per week, fitness spending has risen 17 per cent in the last year, according to a report by The [...]
Heston Blumenthal calls for VAT cut to ‘save British pubs’ September 2, 2025 Celebrity chef Heston Blumenthal has called on the government and licensees to take urgent action to halt the closure of thousands of UK pubs. The chef, who owns owner of the Michelin-starred gastropub The Hinds Head, is campaigning for a reduction to the UK’s VAT rate, which is one of the highest in Europe. He [...]