TGI Fridays owner Hostmore shutters another cocktail bar amid sales slump June 3, 2024 TGI Friday's owner Hostmore said sales fell this year and confirmed the closure of another cocktail bar just three years after its launch.
Eight restaurants for lunch by the sea, from Margate to Whitstable June 3, 2024 If you're looking for the perfect lunch by the sea within travelling distance of London, check out these amazing seafood gems
Coffee Wars: Inside the race to become London’s number one chain June 1, 2024 Coffee has played a vital role in reviving Brits for centuries. Despite feeling like a relatively new phenomenon, the first record of a coffee house in England dates back to 1652 and was said to be opened by a Turkish Man named Jacob in Oxfordshire.
Square Mile and Me: Centrus CEO Phil Jenkins on what drew him to the City May 30, 2024 Each week we ask a City figure to take a trip down memory lane. Today, it's Phil Jenkins, CEO of corporate financial advisor Centrus.
Why Greggs is beating Pret in the battle of the lunch break May 30, 2024 While Pret has failed to commit to any real market position, Greggs is reaping the rewards of building an irreverent and loyal fanbase, says Dougie Hastings There’s an old saying in London – you’re never more than 6ft from a rat and 50m from a Pret a Manger. But the popular high street sandwich chain [...]
Blackstone: Investment manager enters £850m race for Village Hotels May 29, 2024 Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels.
‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election May 25, 2024 Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consumer spending.
Happy birthday to the Elizabeth line May 24, 2024 The economic value the Elizabeth Line has brought to London cannot be underestimated, but we can’t stop there. Two years on, it’s time to think about how we can build on its success, says Tristram Gethin Today the Elizabeth line celebrates its second anniversary. Speak to Londoners about the impact it’s had, and you’ll be [...]
Could the Bank of England still cut rates in June after poor inflation figures? May 22, 2024 Although Rishi Sunak jumped on the airwaves to proclaim inflation was "back to normal", markets seemed less convinced.
Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m May 22, 2024 Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.