Tag Archives: Restaurants


£43k wiped off the value of the average London restaurant this year

£43k wiped off the value of the average London restaurant this year

The value of a typical restaurant in London has plummeted by more than £43,000 during the past year following a ‘perfect storm’ engulfing the market, it has been claimed. The value of a restaurant in the capital was estimated at £140,000 in 2016, but that figure has now fallen to £97,000, according to online business transfer

GBK - Chichester

Discounting taking ‘heavy toll’ on casual dining sector

Discounting within the hospitality sector is coming at the expense of operational productivity, a global software partner for the industry has warned.  Fourth, has revealed that productivity across the UK hospitality industry has fallen, with the key measure of ‘sales per labour hour sitting’ dropping 62p to £34.01 over the last six months, with the rate

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Whitbread places kitchens centre stage for raft of casual dining sites

UK restaurant, coffee shop and hotel operator Whitbread has announced plans to expand its portfolio through the launch of its newest brand Cookhouse and Pub in the West Midlands. Cookhouse and Pub in Oldbury, which is part of Whitbread’s mission to re-invent the pub dining experience with quality food served in an informal, all-day casual restaurant,

David Atkinson and Gareth Atkinson, The Yorkshire Meatball Company

Restaurant owners take to Facebook to express regret at running out of cash

A restaurant operator that previously blamed an influx of chain businesses to Harrogate for its financial difficulties is now up for sale after going into liquidation. David and Gareth Atkinson, the father-and-son team behind The Yorkshire Meatball Company, yesterday issued a statement expressing their sadness at having to call in PKF Geoffrey Martin & Co after


Most popular city for casual dining operators is not the one you think it is

The explosion of casual dining brands on the London restaurant scene is well-documented – but it is actually another UK city that tops the list of places the big restaurant chains are flocking to.   New data suggests that Southampton stands firm as the top UK market hot spot for casual dining restaurants following a


OPINION: Why testing your oil can protect your restaurant’s reputation

Some foodservice operators are saving as much as 20% on oil consumption a year, simply by testing their oil on a regular basis, writes Ashton Bayliss, product marketing manager at test and measurement specialist Testo. While many operators have now adopted technology to test their cooking oil, a significant number of restaurants and foodservice providers

In this photograph taken on April 8, 2017, a sign hangs on the door of a closed restaurant affected by a liquor ban in a neighbourhood in Gurgaon on the outskirts of the Indian capital New Delhi.
Thousands of liquor outlets were forced to closed on April 1 after a Supreme Court ruling which barred the sale of alcohol within a 500-meter (1,600-foot) range of a highway. The ruling was meant to curb drink driving on India's roads, the world's deadliest, but has also shut down many bars and restaurants and hotels that serve tourists and office workers. / AFP PHOTO / CHANDAN KHANNA / TO GO WITH India-alcohol-ban-lifestyle, FOCUS by Megha BAHREE and Bhuvan BAGGA        (Photo credit should read CHANDAN KHANNA/AFP/Getty Images)

20% of restaurant businesses are staring insolvency in the face, claims report

One-fifth of restaurant businesses in the UK currently exhibit warning signs that they are at risk of going insolvent, it has been claimed.   Research from accounting firm Moore Stephens shows that 14,800 restaurants are faced with the threat of going under as Brexit and rising labour costs put a strain on the industry. Since the


American burger giant sinks teeth into UK market for the first time

A restaurant company behind ‘Hollywood’s favourite burger brand’ is preparing to launch in the UK and has set its sights on opening 15 sites over the next few years. FAT Brands, parent company of Fatburger and Buffalo’s Express, has struck a franchise deal with Charlie FB Limited that will see the US formats brought to the

Jamies Italian

Jamie’s Italian site in Portsmouth is axed despite promise of no more closures

Jamie’s Italian is pulling the plug on its seventh restaurant this year, despite claims that the chain wouldn’t shut any more venues following the closure of ‘problem sites’ at the start of the year. It has been confirmed that Jamie’s Italian in Portsmouth, which first opened for business in 2011, will stop trading on Sunday