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 [...]
Calls for hospitality support grow as business rates outcry deepens January 12, 2026 Calls for the government to extend its rumoured support package for pubs to the entire hospitality industry grew on Monday, after a string of data releases laid bare the bleak outlook for UK venues amid fresh polling that reveals enormous public support for the embattled sector. According to the latest City AM/Freshwater Strategy poll, 70 [...]
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 [...]
Hospitality business rates set to nearly double by 2028 despite government tax cut claims December 20, 2025 Hospitality venues across England will see their business rates bill nearly double in the next three years as a result of the government’s controversial overhaul of the commercial property tax. A fresh analysis of government figures found that most pubs, restaurants and hotels will pay over £32,000 more on property tax by 2028, despite ministers [...]
Find new restaurant openings in London with our new website December 18, 2025 London’s restaurant scene is unlike anywhere else in the country, with a constant ebb and flow of business opening and closing. Keeping up with the newest restaurants can feel like a full time job even for those who work in the business. So we at City AM have developed a new website, NewOpenings.London, that aims [...]
Where chefs eat: the best meals we had in 2025 December 17, 2025 Despite economic headwinds so strong you could forgive most chefs for simply packing up their kitchens and going home, 2025 has been another vintage year for London restaurants. But which ones have made the biggest impression? We asked some of the best chefs in the land which meal they enjoyed the most. Stevie Parle, chef-founder [...]
Angler restaurant review: City staple feels both humble and flamboyant December 15, 2025 Win a chef’s table for 8 at Angler through our City Winners platform – click here to find out more! There’s long persisted a rumour that people in the Square Mile aren’t short of a dime or two. So it is strange that our local parish doesn’t have more Michelin starred restaurants. There used to [...]
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 [...]
Where to drink wine in London with a touch of old-fashioned glamour December 8, 2025 It is a pattern we see repeatedly. At times of austerity and economic hardship: people crave luxury, colour and escapism. During the Great Depression we saw the rise of jazz, dancehalls and art deco glamour, while the World War II ushered in an era of escapist, technicolour movies filled with flights of fancy. Now in the [...]