Fast food chain, Honest Burgers, has expanded its portfolio with a new restaurant on London’s Southbank. With the help of CDG Leisure, Honest Burger has secured a 1,000sqft unit, currently occupied by the Southwark Tandoori Restaurant. The new addition, set to be on The Cut in Waterloo, will be the chain’s second Southbank restaurant, and…
BBPA publishes new cost guidelines for British pub tenants and lessees
The British Beer & Pub Association (BBPA) has released the latest edition of its operating cost guide for tenants and lessees. The data is intended to inform those wishing to take on a tenanted or leased business about the costs involved in running a pub. The BBPA’s guide provides information for tenants and lessees on…
OPINION: Is HMRC’s ‘hot or not’ test unfairly penalising cafe and restaurant owners?
Foodservice business owners might be being unfairly penalised by HMRC, in particular for how VAT is applied on food applying the ‘hot or not’ test, writes Annette Stone of Thomas Westcott Chartered Accountants. A client who operates a takeaway recently found themselves the subject of an HMRC VAT investigation. HMRC has a taskforce dedicated to looking…
Carluccio’s abruptly pulls out of US as group profits take £4m hit
Italian restaurant chain Carluccio’s has closed its two US stores, just months after opening there, following intense competition resulting in lower than expected margins. The chain, which opened its first US site in Greater Washington (not pictured) in 2015, followed by another in the same area in 2016, decided that while trading was encouraging the competitive…
EDITOR’S VIEW: Relationship between kitchens and technology is only getting tighter
There’s a very large high street retailer, with a very large food offering, which buys a huge amount of catering equipment and operates an awful lot of kitchens. It is widely regarded as a progressive, forward-thinking organisation that moves with the times in an arena that is undergoing significant change. Yet it might surprise you…
RETURN OF THE MAC: McDonald’s looks to set the tone for QSR kitchens of the future
When a corporate bellwether such as McDonald’s stakes its bets on a horse, it’s usually worth the rest of the industry sitting up and paying attention because there’s a fair chance that industry benchmarks will be set in the process. The US-based QSR company and its golden arches have been a symbol of fast food…
South coast catering businesses profit from free business advice
Restaurants, cafes, pubs, delis and food entrepreneurs were among the attendees receiving practical support at a special event for the south-coast catering industry last week. ‘Feed Your Growth’, which was hosted by SMB finance specialist Rangewell, saw catering businesses from all over Hampshire, Bournemouth, Portsmouth and the Isle of Wight head to Southampton for a…
Thai takeaway kicks off nationwide plan for rapid roll-out
Former Giggling Squid marketing manager, Adam Webb, has announced the opening of the first ThaiWorks takeaway restaurant in Bournemouth, with four more planned within a year. A second site is due to open before 2017 with a further two acquisitions in the next 12 months. Once a solid platform is established, ThaiWorks expects a rapid,…
Street food site signs up 35 outlets ahead of launch
Street food is so hot right now that catering equipment specialists feel like they are making accessories for campervans and major multiples scour the kerbside for the next big food trend. London is the epicentre of the trend, and its newest and biggest player, KERB Camden Market, will officially open to the public on Friday…
Hotelympia 2016 attracts extra £200m spending power
Hotelympia organiser, Fresh Montgomery, claims purchasing muscle at its Hotelympia 2016 event was pumped by visitors with spend authority in excess of £500,000 – an extra £200m over the 2014 event, said Fresh Montgomery. According to the exhibitions company, 20% of visitors to the show at London’s ExCeL earlier this year declared an annual purchasing…
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