‘Relentless pressures’: More hospitality firms forced to shut even before Iran war April 17, 2026 The rate of corporate collapse in hospitality surged in February in signs the sector was struggling to stay afloat even before the Iran war brought further cost pressures. The number of accommodation and food service firms declaring insolvency jumped by 22 per cent to 270 in February, according to government data. This acceleration of the crisis [...]
Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes April 15, 2026 Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul. The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs. The move [...]
Pizza king points to youth joblessness as restaurant group eyes takeovers April 15, 2026 The boss of restaurant group Bow Street raised concerns over youth joblessness as the firm behind Dim T slipped into an annual loss, but outlined his dealmaking plans. David Page, now the chief executive of the Aim-listed firm, is a former boss of Pizza Express and played a key role in the expansion of Franco [...]
Energy bills threat recedes but retail and hospitality remain on brink April 8, 2026 Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]
The Debate: Should we scrap the ‘table tax’? April 8, 2026 Pavement licenses mean restaurants have to pay to put tables and chairs outside. Is that fair or is it a tax on enterprise?
‘I fired the board that fired me’: TGI Fridays boss on restaurant turnaround April 8, 2026 TGI Fridays had its heyday in the 1980s but slumped into administration last year. Its new boss Ray Blanchette tells Felix Armstrong the nostalgic chain can win back Britain after a period in turmoil. “I land at Heathrow and jump in a cab. The plane got in late,” says Ray Blanchette, recalling the day he [...]
Leon founder: Labour ‘killing’ restaurant industry April 7, 2026 The founder of fast food chain Leon has accused the government of “killing” the restaurant industry by saddling the industry with a crushing tax burden. John Vincent, who founded Leon and recently bought it back, said on Tuesday “everyone knows restaurants are done” because of the government’s treatment of hospitality. The government has faced intense [...]
Two-thirds of hospitality firms to cut jobs as April tax rises ‘suffocate’ sector April 1, 2026 Two-thirds of hospitality businesses will be forced to cut jobs and one in seven will shut altogether as a direct result of “suffocating” April tax rises, leading trade bodies have found. More than half (51 per cent) of hospitality firms will cancel investment plans and 42 per cent will reduce trading hours, according to a [...]
Pairing wine with spicy food at London restaurants KOL and Gunpowder March 18, 2026 Wine and spice make for a tricky duo. Traditionally we are taught that an off-dry white is an excellent pairing to soothe the heat, but this isn’t always the right call. I went to KOL and Gunpowder to find out how to best pair wine and spice. Pairing wine with spicy Mexican food at KOL KOL, [...]
February showers dampen hospitality sales March 18, 2026 February’s wet weather kept Brits at home as hospitality sales fell compared to last year, extending a poor start to the year for the sector. The rainy month meant total like-for-like sales were 0.2 per cent lower than in February 2025, with sales having dropped 0.1 per cent year on year in January, according to [...]