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restaurant

  • Dishoom served huge valuation after founders sell stake

    August 4, 2025

    Dishoom has been valued in the region of £300m after striking an investment deal with a firm backed by LVMH. The restaurant chain has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes. Both co-founders are expected to [...]

  • McDonald’s sheds 2,000 UK jobs as profit almost doubles

    August 4, 2025

    Profit at the UK arm of McDonald’s almost doubled in 2024 as it shed more than 2,000 jobs, it has been revealed. The US fast food giant has posted a pre-tax profit of £120m for its latest financial year, up from the £66.3m it reported in 2023. That figure though was down from the £170.8m [...]

  • Inside The National Gallery’s intriguing new restaurant with food inspired by Caravaggio

    July 31, 2025

    With multiple London restaurants opening every week, it’s a food writer’s dream when one comes along and offers something different. Locatelli, the new opening within The National Gallery on Trafalgar Square, did just that when an invite popped into my inbox. The menu, says the press release, is “reflective of the restaurant’s surroundings.” Interesting! I [...]

  • Best pizza in London 2025: Top 9 pizzerias to try and new openings this summer

    July 29, 2025

    The stakes are higher than ever, with so many new openings this summer. If you’re keen on the classic Italian dish, here are the 9 places to get the best pizza in London “No one orders a burger when they go through a break up”: the words of Pizza Pilgrims founders Thom and James Elliot [...]

  • Gusto: Restaurants to close and almost 200 jobs lost as rescue agreed

    July 29, 2025

    Almost 200 jobs have been lost at Italian restaurant chain Gusto after a deal to buy it out of administration was agreed. Cherry Equity Partners is to acquire the majority of Gusto in a move which will lead to around 190 redundancies and the closure of six restaurants. The deal, which is being undertaken through [...]

  • 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 [...]

  • Inside new Tom Kerridge London pub headed by former Hand & Flowers chef

    July 16, 2025

    Let’s face it, west London needs another gastro pub as much as Shoreditch needs more hipster coffee shops. If we’re not careful there will be nothing left to do in Chelsea that isn’t ranking fancy scotch eggs and sausage rolls.  I suppose the one man who may justifiably nudge in on West’s posho pub territory [...]

  • 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 [...]

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