Market articles

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