Hard Rock Cafe nears return to profit as UK sales rise September 27, 2024 Hard Rock Cafe took a huge step towards returning to the black in 2023 as it continued its recovery from the Covid-19 pandemic. The themed restaurant chain’s London-headquartered division reported a pre-tax loss of £1m for the 12 months, after having posted a loss of £9.4m for 2022. The last time the company reported a [...]
TGI Fridays UK collapses into administration as all restaurants put up for sale September 18, 2024 The company behind TGI Fridays restaurants in the UK has collapsed into administration as it attempts to see all its 87 sites across the country. London-listed Hostmore has appointed administrators from Teneo to oversee the process after plans to buy the US restaurant chain collapsed earlier this month. The business said it hopes to sell [...]
Jamie Oliver serves up sales success after flagship London restaurant opens August 22, 2024 Jamie Oliver’s new flagship London restaurant and the continuing popularity of his recipe books helped boost the turnover of the celebrity chef’s group during its latest financial year. The group has reported a turnover of £27m for 2023 after posting a total of £23.6m for 2022, according to newly-filed accounts with Companies House. Its sales [...]
Yum: KFC and Pizza Hut owner surges back into the black August 5, 2024 Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands.
Best London restaurant revealed as top bistro crowned ‘perfect local’ July 24, 2024 An eatery in London's Clapton has been named as the best restaurant in the capital while the top British local has also been revealed.