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      Meet Reeves’ outsider tasked with steering the City to growth

      Katharine Braddick appointed as new PRA chief, smiling confidently in business attire at press conference backdrop

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restaurant

  • Why London bakers obsess over this Michelin starred restaurant

    Life&Style

    Alex Dilling at Hotel Cafe Royal has maintained his second Michelin star for his on-trend style of decorative cooking, says Adam Bloodworth It is dinnertime at Alex Dilling at Hotel Cafe Royal, although you wouldn’t think it from looking at the plates. The food, at quick glance, presents more like fine patisserie. Most dishes are [...]

    Breaking news concept with a journalist working on a laptop, surrounded by notes and coffee, in a modern office setting
  • Baby octopus and super strength sausage: the Italian restaurant refusing to bow to trends

    Life&Style

    Italian restaurant 2Veneti is celebrating its 20th anniversary this year by doing things the way they always have, says Adam Bloodworth How about a great pile of baby octopi for starters? They’re super soft and super controversial, with many chefs believing the animals should reproduce three times before being eaten, to allow each a long [...]

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  • Being Gordon Ramsay: Netflix doc follows chef’s ‘most ambitious project ever’

    Life&Style

    Being Gordon Ramsay launches on Netflix in February Last year, Gordon Ramsay opened the highest restaurant in Europe. Lucky Cat Bishopsgate is at the top of the 62-storey 22 Bishopsgate, and a new Netflix documentary follows the opening phase of what Ramsay describes as “the most ambitious project I’ve ever opened in my entire life.” [...]

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  • Hundreds of hospitality firms close as cost pressures take toll

    January 26, 2026

    The “relentless” increase in operating costs put hospitality businesses under increasing pressure in the final quarter of last year, industry figures suggest. According to consumer intelligence firm NIQ, there were 382 fewer licensed premises at the end of December than there were three months prior, equivalent to four closures per day.  Casual dining sites and [...]

  • Sally Clarke’s Notting Hill bakery put up for sale after suffering losses

    January 16, 2026

    A bakery business owned by seasoned restaurateur Sally Clarke has been put up for sale on an insolvency marketplace after suffering losses, City AM can reveal. The Notting Hill Bakery, which employs dozens of staff and makes nearly £6m per year selling artisan breads, cakes and cookies, is seeking buyers for all or part of [...]

  • Turtle Bay: Founder criticises ‘unhelpful’ Reeves’ tax raid after huge loss

    January 13, 2026

    Caribbean restaurant and bar chain Turtle Bay has hit out at the “unhelpful” Labour government whose tax “raid” contributed to it slumping into the red. The Bristol-headquartered business, which was set up in 2010 by Ajith Jaya-Wickrema and Stephen Entwistle, cited Chancellor Rachel Reeves’ increase in employers’ National Insurance as a reason for it falling to [...]

  • Loungers creates 900 jobs as major expansion plans continue

    January 12, 2026

    Cafe-bar and restaurant chain Loungers created more than 900 jobs in the year it quit the London Stock Exchange’s AIM, it has been revealed. The Bristol-headquartered business delisted in February last year after being acquired by Fortress Investment Group for £338m. The Cosy Club and Brightside owner was founded in 2002 by Alex Reilley, David Reid [...]

  • Jamie Oliver ‘cutting jobs’ ahead of restaurant chain’s return

    December 12, 2025

    A part of Jamie Oliver’s business empire has cut a firth of its workforce, according to reports, as the celebrity chef plans a return to the high street next year. Jamie Oliver Group has shed 25 of its 126 employees through a redundancy round, Sky News has reported. City AM has contacted the group for [...]

  • Leon to close sites and cut jobs as it enters administration

    December 10, 2025

    Fast-food chain Leon is set to enter administration, close a number of locations and cut jobs as part of a bid by its new owner to turn around the struggling chain. The company was bought back by co-founder John Vincent last month from Asda in a deal reported to be between £30m and £50m, well [...]

  • Jamie Oliver to bring back Jamie’s Italian in the UK next year

    December 5, 2025

    Celebrity chef Jamie Oliver is to relaunch his restaurant chain in the UK in 2026, seven years after its dramatic collapse. Jamie’s Italian is to be relaunched after a deal was reached between Oliver and Cain International-backed Brava Hospitality Group, which owns Prezzo. The chain operated around 40 sites across the UK at its height [...]

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