Upper Crust owner SSP warns on profit as Iran war hits tourism Hospitality SSP, the owner of travel food outlets like Upper Crust, has warned it will take a hit to its profit after the Iran war caused a “significant contraction” in global tourism. The catering group, which also owns Millie’s Cookies and Caffè Ritazza, said the sharp drop in travel caused by the Middle East conflict has [...]
Top FTSE headhunter rescued by rival after plunging into administration Consulting A City-based boutique headhunter which won executive-level talent for a host of FTSE 250 firms and collapsed after pumping investment into an AI platform has been purchased by one of its competitors, City AM can reveal. 6 Group, a global executive recruitment consultancy, purchased Savannah Group and its AI platform, MapX, in July after founder [...]
UK fintech Pockit recruits founder of Burger King Kazakhstan Fintech A top British fintech has hired the founder of Burger King’s Kazakhstan franchise in an eye-catching board appointment. The Cardiff-based business, which offers prepaid accounts to customers without a credit score, has recruited Kazakh businessman Anuar Utemuratov to become a director, according to company filings seen by City AM. Utemuratov worked as an analyst for [...]
Exclusive: Top FTSE executive recruiter goes bust after AI platform launch July 4, 2026 A City-based boutique recruitment consultancy which has won executive-level talent for a host of FTSE firms has plunged into insolvency after pumping investment into an AI platform, City AM can reveal. Savannah Group, which has recruited directors and executives for the likes of Starbucks, hospitality giant Fullers, Burger King, Aston Martin, and global cruise titan [...]
Burger King UK’s revenue spikes after restaurants revamped and new sites opened August 12, 2024 Burger King has reported a rise in sales and revenue in 2023 after a boost from new restaurant openings. Revenue spiked by a huge 30 per cent, although like-for-like sales only rose by three percent. The rise in revenue was due to growth in the “existing estate and new restaurants”, as well as “good cost [...]
Burger King father-son team acquires London favourite Crosstown Doughnuts June 5, 2024 A father-son team who once led the largest Burger King franchise in the UK have acquired Crosstown Doughnuts after the brand launched a search for new investment earlier this year.