Tag Archives: Peter Borg-Neal

Peter Borg-Neal, CEO

‘Dramatic’ rise in kitchen equipment costs is crippling operators, warns restaurant boss

‘Dramatic’ rise in kitchen equipment costs is crippling operators, warns restaurant boss

The boss of one of the fastest-growing pub and restaurant chains in the UK has warned there will be a “significant slowing” of investment from the industry if the cost of items such as catering equipment keep increasing. Peter Borg-Neal, CEO of Oakman Inns & Restaurants, said an increase in capital expenditure costs, including new

Peter Borg-Neal, CEO

Oakman Inns will spend ‘lion’s share’ of £24m war-chest funding new projects

Oakman Inns has its sights set on operating 30 restaurants within the next two years after securing £24m in investment from three fund-raising exercises. The group said the “lion’s share” of the cash would be available for a raft of major developments, which will see it take its estate from 18 units up to 30

Eamonn Borg-Neal and Peter Borg-Neal

Oakman founder’s son is the new GM of flagship pub site

Oakman Inns has appointed Eamonn Borg-Neal – the son of founder Peter Borg-Neal –as the new general manager of its flagship property, The Akeman, in Tring. The Akeman was the first Oakman property that Borg-Neal senior opened 10 years ago when he launched the business and it has since served as the inspiration for the

Peter Borg-Neal, CEO

OPINION: Why the Budget is terrible news for my restaurant chain

Peter Borg-Neal, CEO of the 18-strong Oakman Inns chain, pens his reaction to The Chancellor’s Budget statement and the sector-specific business rates relief. While the sector-specific reliefs announced by the Chancellor will bring some small benefit to thousands of pubs it will be of little use to Oakman Inns. Specifically, it means that the proposed pre-budget

Plate of food

Oakman seeks permission to convert former Bucks care home into town centre restaurant

Oakman Inns & Restaurants will turn a former Buckinghamshire care home into town centre dining destination and hostelry after completing the £1.5m freehold acquisition of the property. The group said it will immediately begin preparations for a planning application to convert the Grade 2 Listed Westlands House in Olney into a restaurant. Chief executive, Peter

Peter Borg-Neal, CEO

Oakman strengthens management team and balance sheet

Oakman Inns founder Peter Borg-Neal has expressed his delight with the pub group’s progress after reporting a 20% rise in sales for a 12-month period in which it almost doubled the number of sites it owns. Borg-Neal said its financial accounts would show that turnover for the year to April increased 9% on a like-for-like