Wagamama owner acquires Mexican restaurant brand Barburrito in £7m swoop July 12, 2022 The owner of Wagamama restaurants has acquired Mexican fast-casual restaurant brand Barburrito for £7m. Announcing the takeover on Tuesday morning, the Restaurant Group said the purchase represented a next 12 months run-rate EBITDA multiple of 4.4x. The London-listed group said Barburrito’s offering was “well aligned with key consumer trends including healthy eating, convenience, customisable cuisine,” [...]
Why a cruise to the Norwegian Fjords is a journey through time July 11, 2022 At heart, I am a Victorian explorer. A century-and-a-bit late, I often find myself seeking out the new frontiers of my spirit era, so a week-long cruise from Amsterdam to the Norwegian fjords onboard Holland America Line’s new flagship, Rotterdam, is just the ticket. Gliding serenely between steep cathedrals of towering rock to the soundtrack [...]
Why locals prefer Aspen in the summertime July 5, 2022 Even from the air, it’s obvious Aspen isn’t quite like any other town. Situated at an elevation of 2,438m and surrounded on all sides by the snow-topped Rocky Mountains, this remote enclave even requires special pilot training to land at its tiny airport, dubbed one of the most dangerous in the world thanks to its [...]
Exclusive: London fintech Revolut launches first card reader in venture into physical retail July 5, 2022 London fintech Revolut is making its first venture into physical devices with the launch of a card reader for shops and restaurants. Revolut, which now caters to a global customer base of 18m and garnered a $33bn valuation in its latest funding round, told City A.M. it was launching the device in UK and Ireland. [...]
Venues plead Chancellor to reduce tax burden as pubs and restaurants face ‘bleak summer’ July 4, 2022 Night time economy bosses have urged the Chancellor to slash VAT to 12.5 per cent in a bid to help businesses recover to their pre-Covid glory. Pleas for help from sector leaders followed reports last week that Downing Street was mulling reducing the headline rate temporarily to help UK households navigate the cost of living [...]
Business rates have made American candy stores a blight on our streets July 1, 2022 The emergence of large numbers of American-styled candy stores across the West End over the last year has become a cause for concern amongst high street retailers, leisure businesses and hospitality owners alike. Having weathered the storms of the pandemic, which saw footfall and revenues plummet during lockdowns, the West End was beginning to show [...]
Credit Suisse becomes first Swiss bank to be convicted in Switzerland’s own courts June 27, 2022 Credit Suisse has become the first of Switzerland’s domestic banks to be convicted of a corporate crime in any of the country’s own courts, after a judge today found the Zurich financier guilty of failing to prevent laundering of Bulgarian drug money. A court in the southern Swiss city of Bellinzona fined the bank 2m [...]
Where to eat to support Ukraine and learn about the country’s fabulous cuisine June 22, 2022 One of Ukraine’s most famous chefs is hosting a series of fundraising pop-ups, with a London restaurant on the way. Yurri Kovryzhenko, one of only two Ukrainian chefs mentioned in the Michelin guide, will be cooking next Monday 27 June at City Social at a fundraising dinner in collaboration with chefs like Jason Atherton and [...]
We need to eat more seafood – here’s how June 22, 2022 Between the cost of living crisis, the imminent environmental collapse and the obesity epidemic, the UK has got its work cut out when it comes to food. Part of the solution, according to a new white paper, is to get people to eat more seafood. The government will invest £24 million in “seafood science and [...]
‘All I want is a bus service’: Weary Tiverton and Honiton voters go the polls June 21, 2022 “It’s become a national referendum that’s been foisted on Tiverton,” says coffee shop patron Benjamin Barton. “All I want is a bus service, I would be really easily swayed if somebody said ‘we’ll put in a better bus service’.” And so goes the groan of discontent in the Devon town of Tiverton, which is daily [...]