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hospitality

  • Chiltern Firehouse: Reopening date revealed after major fire

    October 6, 2025

    A luxury London hotel popular with celebrities won’t reopen until April 2027 after a large fire earlier this year, it has been confirmed for the first time. Chiltern Firehouse in Chiltern Street, Marylebone, closed on 14 February after flames ripped through the Victorian four-storey building. The fire damaged parts of the ground floor, half of [...]

  • Claridge’s: Five-star London hotel falls into the red

    October 6, 2025

    Claridge’s, the iconic five-star London hotel, has slipped into the red despite its revenue rising during its latest financial year, it has been revealed, amid major redevelopment work. For 2024, the hotel has posted a pre-tax loss of £5.4m, down from the £7.2m pre-tax profit it achieved in 2023. However, new accounts filed with Companies [...]

  • 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 [...]

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