The OWO London’s Mauro Colagreco: Raffles chef on the trends that will define 2025 Travel Argentinian chef Mauro Colagreco, of Mauro Colagreco at Raffles London at The OWO, runs the three-Michelin-starred restaurant Mirazur on the French Riviera. He has restaurants in China, Thailand, Argentina and Japan, as well as the flagship restaurant at The Old War Office hotel on Whitehall in London. The Old War Office – known as the OWO [...]
Behind the Scenes with Lisa O’Rahilly: Ten Trinity Square’s General Manager Sponsored Q: To start, can you tell us a little bit about your background and how you ended up at Ten Trinity Square Members Club?Lisa: “The short version! I’m Irish, and I’ve spent over 25 years globe-trotting with Four Seasons, calling three continents home—Australia, the US, Europe—and even spending a few adventurous months in Russia. I [...]
The Square Mile and Me: M Restaurants founder Martin Williams on backpack etiquette and mandatory two hour lunches Opinion Each week we ask a City figure to take a trip down memory lane. Today it’s Martin Williams, CEO of Groucho and founder of M Restaurants on the City staple’s 10th birthday What was your first job? I started working in hospitality when I was sixteen, as a dishwasher in a grotty hotel in North Yorkshire. I [...]
Employer National Insurance hike could risk jobs amid 95,0000 vacancies October 15, 2024 Increasing employers’ national insurance contributions (NICs) could pose a risk to jobs amid some 95,000 vacancies across pubs and restaurants, a hospitality lobby group has warned. Data released from the Office for National Statistics (ONS) today revealed there are a “stubbornly high” 95,000 openings across the sector, including in venues, cafes and eateries. Hospitality UK [...]
Loss widens at Papa Johns in UK ahead of major closure plans October 14, 2024 The UK arm of pizza chain Papa Johns lost almost £20m in the year before it decided to close more than 40 underperforming restaurants. The Milton Keynes-headquartered division has reported a pre-tax loss of £19.9m for 2023, having also lost £4.1m in 2022. Newly-filed accounts with Companies House also show its turnover nudged up from [...]
Giggling Squid laughs all the way to the bank as Thai restaurant chain returns to profit October 14, 2024 Thai restaurant chain Giggling Squid returned to profit during its latest financial year as it sales hit another record. The Guildford-headquartered company has reported a pre-tax profit of £1.5m for the 12 months to 31 March, 2024. The new total comes after the business fell to a pre-tax loss of £1.9m in the prior year. [...]
Taco Bell returns to profit ahead of administration woe October 11, 2024 The UK and European arm of Taco Bell returned to profit in 2023 ahead of one of its franchise partners entering administration. The Surrey-headquartered division has reported a pre-tax profit of $2.2m (£1.6m) for 2023. The total comes after Tac Bell reported a pre-tax loss of $1.8m (£1.3m) for 2022. Newly-filed accounts with Companies House [...]
TGI Fridays: Full list of UK restaurants staying open after rescue deal agreed October 7, 2024 More than 2,000 jobs have been saved after a deal to acquire the UK operation of American cocktail bar and restaurant chain TGI Fridays out of administration was agreed. Breal Capital and Calveton, who own restaurant group D&D London, have snapped up a majority stake for an undisclosed sum through their acquisition vehicle Liberty Bar and Restaurant [...]
Subscriptions success for Opentable September 30, 2024 A rise in subscriptions helped the international arm of restaurant booking service Opentable, which is controlled by Booking.com’s owner, increase its turnover and pre-tax profit during its latest financial year. The London-headquartered division has reported a turnover of £31.7m for 2023, up from the £29.4m it posted for 2022. Newly-filed accounts with Companies House also [...]
Leon: Restaurant chain’s loss-making streak continues amid Asda takeover September 30, 2024 Restaurant chain Leon lost almost £20m in the year it was sold by the billionaire Issa brothers to Asda, it has been revealed. The company had been purchased by the brothers’ Lancashire-based EG Group in 2021 before most of the group’s UK operations were sold to the supermarket giant for £2bn in October 2023. At [...]