Wasabi: Sushi restaurant chain sheds jobs as profit slashed July 28, 2025 Profit at popular London sushi restaurant chain Wasabi has been slashed as it shed more than 100 jobs during its latest financial year, it has been revealed. The business has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House. The latest total comes after Wasabi posted a pre-tax [...]
The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale June 26, 2025 Jobs have continued to be lost at the group behind restaurant chain The Ivy as billionaire owner Richard Caring edges closer to a £1bn sale. Troia (UK) Restaurants cut more than 100 roles during its latest financial year as its pre-tax profit also declined despite a rise in revenue, new accounts filed with Companies House [...]
Bella Italia owner slashes losses after shedding 700 jobs June 25, 2025 Losses at the owner of Café Rouge, Bella Italia and Frankie & Benny’s have been slashed after shedding 700 jobs during its latest financial year, it has been revealed. The Big Table cut its headcount from 4,236 to 3,531 in the 12 months to 27 October, 2024, new accounts filed with Companies House show. Over [...]
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
Toast the City: Galvin La Chapelle brothers on Michelin success and 20 years in business May 31, 2025 In a new series celebrating the people and places nominated for our Toast the City awards, Adam Bloodworth visits Galvin La Chapelle, a Michelin starred restaurant in a Victorian chapel in the Square Mile Half of all restaurants that open in London close within two years. It’s a bleak truth, and yet the upside is that [...]
La Môme at The Berkeley review: a splash of high camp May 28, 2025 The Berkeley’s newest restaurant, La Môme, is best when it leans into eccentricity, but the food needs work, says Adam Bloodworth The Maybourne Group run the very plushest London hotels. Their newest, The Emory – London’s first and only all-suite hotel – charges north of a grand for an entry-level room. It opened last year [...]
Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses May 23, 2025 Losses have been revealed for part of billionaire Richard Caring’s high-end restaurant empire, which includes the likes of Sexy Fish, as talks over a potential £1bn sale continue. The 2023 results for Caprice Holding, which also owns Scott’s and Bacchanalia, have only just been published, eight months after the Companies House deadline. The documents show [...]
Pizza Hut: The fortune owed by firm behind UK restaurants before rescue May 12, 2025 The company behind Pizza Hut’s restaurants in Britain owed more than £50m as it collapsed before being rescued, it has been revealed. Heart With Smart (HWS) was saved in January by an entity controlled by investment firm Directional Capital in a deal which salvaged all but one Pizza Hut location. Its new owner was the [...]
The Ivy owner sheds jobs as potential £1bn sale drags on April 28, 2025 The group behind restaurant chain The Ivy shed 300 jobs as billionaire owner Richard Caring continues to weigh a £1bn sale, it has been revealed. The business has only just published its financial accounts for 2023, seven months after the Companies House deadline. The results show The Ivy’s owner cut its headcount from 5,962 to [...]
Deliveroo exec: London restaurants can’t take more tax hikes April 8, 2025 London's restaurants can't take more punishing tax hikes, writes Deliveroo's chief business officer Carlo Mocci in today's Notebook.