Papa John’s: UK losses continue as over 70 locations closed August 4, 2025 The UK arm of Papa John’s continued to make significant losses in 2024 as it closed more than 70 locations. The division of the US pizza giant has reported a pre-tax loss of £21.8m for its latest financial year, having also lost £19.2m in 2023. New accounts filed with Companies House also show the firm’s [...]
McDonald’s sheds 2,000 UK jobs as profit almost doubles August 4, 2025 Profit at the UK arm of McDonald’s almost doubled in 2024 as it shed more than 2,000 jobs, it has been revealed. The US fast food giant has posted a pre-tax profit of £120m for its latest financial year, up from the £66.3m it reported in 2023. That figure though was down from the £170.8m [...]
Gousto ‘never better’ after cutting losses by over £50m July 1, 2025 Gousto has said it’s never been in better shape after cutting its losses by more than £50m in 2024. The recipe kit provider has reported a pre-tax loss of £20.3m for its latest financial year, having chalked up a loss of £75.6m in 2023. That figure came after Gousto lost £157.5m in 2022 and almost [...]
Papa Johns boss brands rising costs a ‘perfect storm of difficulty’ May 13, 2025 The UK boss of pizza chain Papa Johns has branded the rising costs his business is facing as a result of"perfect storm of difficulty".
Papa Johns to serve up profit after closing over 40 sites May 6, 2025 The UK boss of pizza giant Papa Johns has revealed the company is eyeing a return to profit in 2025 after closing more than 40 restaurants last year. Managing director Chris Phylactou confirmed the business is “no longer losing money” and is on track to report its first UK profit since 2021. Speaking on an [...]
Deliveroo shares tick up after growth beats market expectations April 17, 2025 Shares in food delivery firm Deliveroo rose by more than two per cent this morning after the company announced strong quarterly growth. Growth transaction value (GTV) – a measure of revenue – rose by nine per cent year-on-year in the first quarter, with order growth up seven per cent. International GTV also rose nine per [...]
Deliveroo: Will Shu lined up for massive pay day March 20, 2025 The founder and chief executive of Deliveroo could be in line for massive pay day in the wake of the FTSE 250 delivery giant making its first annual profit. The company could hand Will Shu a pay packet of more than £5.6m after adding the CEO to its long-term incentive plan and if Deliveroo’s shares [...]
Hellofresh: Profit hike expected as cost-cutting drive extended March 11, 2025 Hellofresh has warned that its sales are set to fall this year but that its profit is expected to rise as it extended its cost-cutting drive. The recipe box delivery company, which is headquartered in Germany, said its cost-cutting programme, which was announced in the second half of 2024, would be extended until 2026. Hellofresh [...]
Gousto in major expansion as it takes on Hellofresh February 26, 2025 Recipe kit provider Gousto has revealed plans to expand into the Republic of Ireland and create new jobs as it ramps up competition with Hellofresh. The company said the move will add more than 30 jobs in 2025 across management, marketing, food, supply chain and fulfilment. Gousto, which joins Hellofresh in operating in the Republic of [...]
Domino’s Pizza gobbles up sales in Central Europe January 16, 2025 Increased hunger for pizza across Poland and Croatia helped sales jump at the owner of Domino’s in both European countries, according to new figures. DP Poland, which runs Domino’s Pizza stores and restaurants across Poland and Croatia, has racked up system sales of £55.4m for 2024 after being able to attract new customers. In Poland, [...]