Finance
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The taxman has warned restaurateurs that do not keep clear wage records that they will be prosecuted under national minimum wage laws.
Posted: 25 July 2008 | 12:45
Fast-food chain McDonalds has seen its sales around the world rise, due to the strong performance of its European and UK business in the past three months.
Posted: 24 July 2008 | 15:29
Tenanted pubs have been urged to look at ways of maximising their potential after a City analyst predicted that they could see profits fall by a massive 90% in the next year.
Posted: 24 July 2008 | 07:00
Fuller, Smith & Turner, the brewer and pub operator, today said it put in a solid performance in the last three months, despite the pressures of inflation and the squeeze on customer spend raising sales in its managed pubs.
Posted: 23 July 2008 | 11:36
Dawnay Day representative Alka Bali has quit his role at the Real Hotel Company (RHC) after the private equity firm sold off its shares in the Purple hotels owner last week.
Posted: 22 July 2008 | 14:41
Enterprise Inns, Britain’s second largest pub company, has spent £3.5m providing rent reductions and discounts for licensees struggling in the current climate.
Posted: 22 July 2008 | 10:30
Delivery firm Domino’s Pizza has made a strong start to the year as consumers look to cut costs by ordering takeaways rather than eating out.
Posted: 21 July 2008 | 14:00
A round-up of the weekend's news affecting the hospitality industry. News includes: Councils crack down on Peking Duck ovens; Dawnay Day sale slashes 45% off Premium shares; SATS exam markers headhunt Hilton bar staff
Posted: 21 July 2008 | 10:30
The Real Hotel Company’s (RHC) chief executive has insisted the group will continue with its expansion plans, despite the company’s shock share-value plunge last week.
Posted: 21 July 2008 | 09:00
Food and Drink Group (FDG), the embattled owner of Jamies wine bars and Henry J Beans, is reportedly set to call in the administrators after losing its battle for survival.
Posted: 18 July 2008 | 11:14
The future of some of the UK’s most high profile hospitality operations, including The Wolseley, has been thrown into doubt after investment giant Dawnay Day launched an emergency review of its businesses.
Posted: 14 July 2008 | 14:27
A round-up of the weekend's news affecting the hospitality industry. News includes:Pubs and clubs to search customers for knives; chefs cut back on pricey ingredients; Regent Inns bankers seek restructuring specialist
Posted: 14 July 2008 | 11:22
Coronation Street landlady Bev Callard has seen her real-life pub and bar business BJ Leisure placed in administration with debts of more than £218,000.
Posted: 07 July 2008 | 11:31
In a shock move Andrew Knight, managing director of Spirit – Punch Taverns' managed division – has quit the business.
Posted: 07 July 2008 | 11:20
Embattled fish restaurant chain FishWorks today announced that Mitch Tonks, its founder and former chief executive, will step down as director with immediate effect.
Posted: 04 July 2008 | 16:38
The cost of running a pub has risen to 53% of total turnover, as staff wages and premises costs continue to escalate, research revealed today.
Posted: 04 July 2008 | 14:57
Brewer and pub operator Adnams has warned trading conditions for UK tenanted pubs have “deteriorated significantly” since April.
Posted: 01 July 2008 | 12:26
London restaurateur Alan Yau has secured private equity investment of £21.5m to transform his Busaba Eathai restaurant into a chain.
Posted: 01 July 2008 | 07:15
InterContinental Hotels Group (IHG) has signed an agreement to open two new hotels in Istanbul, including Turkey’s first Holiday Inn Express. IHG signed a 20-year management contract with Turkish real estate country ORA Istanbul Real Estate...
Posted: 30 June 2008 | 11:00
Devon-based pub company Heavitree has warned that it will post a loss of £790,000 for the six months ending 30 April.
Posted: 30 June 2008 | 09:00
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