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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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Hospitality

  • Yum: KFC and Pizza Hut owner surges back into the black

    August 5, 2024

    Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands.

  • Firmdale: Record year for luxury London and New York hotel group amid expansion plans

    August 5, 2024

    Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.

  • Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel

    August 5, 2024

    Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors.

  • The Notebook: We need seats! A plea for pedestrianisation

    July 30, 2024

    When it comes to outdoor seating, London could learn a thing or two from its seat-spoiled European neighbours, argues Lucy Kenningham

  • Miraval mystery: The Jersey trust at heart of Brad Pitt wine war

    July 29, 2024

    Brad Pitt has demanded to know who he is in business with after half of his hip wine brand Chateau Miraval, sold by his former partner Angelina Jolie to exiled Russian billionaire Yuri Shefler, ended up in a secretive Jersey trust.

  • Tortilla shares plummet as chain takes revenue hit after quitting Deliveroo

    July 24, 2024

    Mexican fast food chain Tortilla has taken a hit to its revenue after ending its partnership with Deliveroo in a bid to cut down on delivery commission charges.

  • Why now is the summer of sake: Where to drink this amazing wine

    July 23, 2024

    This is the summer of sake in London – and about time too. I had been under the misguided impression that all sake was rough and intensely boozy, the type of drink one hocks back as a dare. However, despite a fairly high alcohol percentage, sake is relatively low in acidity and has a graceful [...]

  • Sunny weather and Euros deliver extended happy hour for Britain’s pubs

    July 22, 2024

    The British Beer and Pub Association (BBPA) estimated that the mini-heatwave that swept across the country on Friday and Saturday will have resulted in over 7.5m additional pints being pulled in just 72 hours.

  • What to do in London this weekend in the sun

    July 18, 2024

    Here's our expert guide to the best things to do in London this weekend in the sun, from dinosaurs to a seascape at Big Penny Social

  • Meet the Vegas busboy-turned-CEO keeping SUSHISAMBA above the competition 

    July 18, 2024

    Sushi Samba is set for more success, the man behind the City's favourite sunset spot tells City A.M.

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