Labour has ‘unbelievably harsh stance’ on big businesses hospitality It is “unbelievable” that the Labour government has “taken such a harsh stance” on big businesses, the chief executive of restaurant chain Pizza Express has said. Speaking on an up-coming episode of City AM’s Boardroom Uncovered podcast, Paula MacKenzie said the industry had been “somewhat decimated” by the Covid-19 pandemic and has then been hit [...]
Pizza Hut: Restaurants arm owed £30m as 1,100 jobs lost hospitality The company behind Pizza Hut’s restaurants in the UK owed almost £30m as it collapsed with the loss of more than 1,100 jobs, it has been revealed. DC London Pie entered administration towards the end of last month with FTI Consulting appointed to oversee the process. Now, a new document has revealed the full story [...]
Domino’s takes on KFC and Popeyes with new fried chicken menu Retail Domino’s has announced a new foray into the fast-growing fried chicken market as it looks to turn the tide on tough economic conditions. Chief executive Andrew Rennie said that the new menu items – tenders, wings, and boneless bites with nine “globally-inspired” dips – were a “bold new chapter for Domino’s”. Rennie added that the [...]
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 [...]
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".
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 [...]
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 [...]
Domino’s: Pizza chain reports order growth and expects ‘minimal’ tariff impact April 24, 2025 Domino’s has reported order growth ahead of the market and said it does not expect Trump tariffs to impact the business. Its share price dipped by just over one per cent in early trades. Total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders [...]
Dominos: Pizza chain announces new chair, higher sales and a dividend increase March 11, 2025 Dominos has announced a new Chair, set to take the role in April, as well as a slight dip in revenue, higher sales and a higher dividend. Sales Dominos Pizza Group, the UK-based subsidiary of Domino’s Pizza Inc, rose two per cent to £1,571.5m in the 52 weeks to December 29, from £1,540.5m last year. [...]
Domino’s Pizza profit sliced by £3m Budget tax hit December 9, 2024 Domino’s Pizza has forecast a £3m tax hit from the Budget as the firm targets a push to open hundreds of new stores across the UK. “As with other major employers in the UK, the recent UK budget has significantly increased the cost of labour for both Domino’s Pizza and our franchise partners, who are [...]