Pizza king points to youth joblessness as restaurant group eyes takeovers Hospitality The boss of restaurant group Bow Street raised concerns over youth joblessness as the firm behind Dim T slipped into an annual loss, but outlined his dealmaking plans. David Page, now the chief executive of the Aim-listed firm, is a former boss of Pizza Express and played a key role in the expansion of Franco [...]
GBK: Gourmet Burger Kitchen creates 600 jobs amid profit return hospitality 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 [...]
Bumper pay day for ‘Chicken King’ Boparan Business Ranjit Singh Boparan, the so-called ‘Chicken King’, received a bumper pay day after profit at his private office jumped to almost £125m. Boparan’s private office includes high street restaurant brands like Carluccio’s and Gourmet Burger Kitchen as well as Bernard Matthews, Banham Poultry and Elkes Biscuits. Newly-filed accounts with Companies House have revealed that the [...]
‘Chicken King’ Ranjit Singh Boparan to sell poultry arm to himself September 2, 2024 The poultry arm of 2 Sisters Food Group, which is owned by the so-called ‘Chicken King’ Ranjit Singh Boparan, is to be sold to his private office for more than €200m (£168m). Boparan, who also owns high street restaurant brands like Carluccio’s and Gourmet Burger Kitchen, is to sell the European poultry operation to his [...]
Wimpy Restaurants’ Covid-19 recovery stalls as customers cut spending June 26, 2024 The UK arm of fast food chain Wimpy Restaurants has seen its sales dip slightly after a strong couple of years of recovery from the Covid-19 lockdowns.