Hundreds of jobs at risk as Pizza Hut UK dine-in arm goes into administration October 20, 2025 The dine-in arm of Pizza Hut has collapsed into administration, putting dozens of restaurants and hundreds of jobs at risk. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. The 67-year-old chain has said it will shutter 68 venues permanently, while 1,723 workers face uncertainty on their [...]
Vape giant Supreme buys Slimfast in £20m deal October 20, 2025 Wholesaler Supreme has bought meal replacement and weight management brand Slimfast in what promises to be an immediately earnings-enhancing deal, analysts have said. The deal, which saw Supreme buy Slimfast UK and Europe for £20.1m, sent the former company’s share price up more than six per cent in early trades. Slimfast is known for its [...]
Housing market ‘desperately needs’ a demand boost October 20, 2025 Analysts have argued the UK’s housing market needs demand-boosting policies after the housing market missed out on its usual Autumn bounce. House prices rose 0.3 per cent month on month, to £371,422 – far below the ten-year average October bounce of 1.1 per cent, according to Rightmove. “Buyers at the higher end in particular have [...]
B&M: City broker ‘not concerned’ about retailer despite turmoil October 20, 2025 City broker Panmure Liberum has reassured investors about a serious slide in B&M’s share price, arguing that it’s based on a ‘one-time error’ and doesn’t suggest underlying trouble. B&M surprised markets this morning when it released a trading statement showing a significant accounting error and the related departure of its chief financial officer. The FTSE [...]
Flagship government bill risks ‘rent control through the back door’ October 17, 2025 Labour’s flagship Renters’ Rights Bill introduces new rules on rent reviews which risk alienating landlords and causing a sell-up in the sector, experts say. The bill will allow tenants to challenge the agreed tenancy rent in the first six months of a tenancy or any new rent proposed by a landlord. There’s “no risk to [...]
Cautious Brits plan to cut spending ahead of Golden Quarter October 17, 2025 Nearly three quarters of Brits plan to cut spending for the rest of 2025 as consumers continue to prioritise saving over splashing out. While consumer sentiment has remained flat at -5 over summer, inflation worries have been rising and nearly nine in ten Brits now report concerns, according to the latest Consumer Sentiment Survey from [...]
Premier Inn owner warns of ‘mounting pressure’ of tax rises before Budget October 16, 2025 Whitbred, the owner of Premier Inn, has warned that tax rises are becoming more likely and could pose a serious risk to the UK’s hospitality industry. Chancellor Rachel Reeves faces a £40bn gap in the nation’s finances, which is ever-more likely to be filled by a tax-raising Autumn Budget. The target of those tax rises [...]
Construction output weakens as gloom persists October 16, 2025 UK construction output has continued to shrink as companies struggle to build at the pace required by the government’s far-reaching housing goals. Output fell 0.3 per cent month on month in August, according to the Office for National Statistics (ONS), with the most pronounced decline in repair and maintenance. “The underlying trends in construction are [...]
Leading economist slams ‘myth’ that landlords are under-taxed October 15, 2025 Tax hikes for landlords will be damaging to the economy and are based on a lack of understanding about investors, according to a leading economist. Paul Johnson, the former head of the Institute for Fiscal Studies, said that the UK “need[s] to think very carefully about how to tax housing and how to tax rental [...]
Gordon Ramsay to launch 24-hour restaurant in City’s tallest tower October 14, 2025 Gordon Ramsay is set to launch a new Bread Street Kitchen restaurant at 22 Bishopsgate, currently the City of London’s tallest skyscraper. The restaurant, which follows the opening of Lucky Cat in the same location earlier this year, is expected in 2026 and will come equipped with a 24-hour liquor license to cater to international [...]
