The Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng talking about the pandemic in an interview with The Times has said the future of the great British high street looks residential. Kwarteng told The Times: “One of the things I’m very keen that we get our heads around is the whole future of the high street. “In Staines high street (part of his … [Read more...]
After backfire with Rishi, did the real Gordon Ramsay stand up with Nihal Arthanayake
The recent chat between Rishi Sunak and Gordon Ramsay produced by HM Treasury’s PR team did not do either participant any favours. Brand Rishi was definitely dealt an adverse blow, Chef Ramsay marginally less so. Days after the video was released, Nihal Arthanayake, who presents his afternoon news and interviews show on BBC Headliners spoke with Gordon Ramsay. Both … [Read more...]
Deliveroo backs the chancellor’s budget with £5 billion London listing
Chancellor Rishi Sunak’s budget included the completion of a review of listing rules designed to make it more attractive for businesses, particularly technology innovators to list on the London Stock Exchange. The changes provide listings with easier eligibility to join blue-chip FTSE indices, which attract wider investment than normal London exchange listings. As the … [Read more...]
QSR giants McDonald’s and Yum! agree global deals with Beyond Meat
Beyond Meat this week announced a global strategic partnership with Yum! Brands to co-create and offer plant-based protein menu items at KFC, Pizza Hut and Taco Bell over the next several years. The same day a three-year global strategic agreement with McDonald’s was simultaneously announced seeing Beyond Meat become the preferred supplier for the patty in the McPlant … [Read more...]
Loyalty to serve Soho House $3 Billion
Since opening at 40 Greek Street in 1995, Soho House successfully expanded into 27 Houses across 10 countries. A members club that includes restaurants, bars, hotels and night clubs. From its roots in West London, Soho House has selectively grown its footprint across Europe, Africa, Asia, and North America. The group is now eyeing up an IPO valued at between $2 - $3 Billion, … [Read more...]
Chefs and Restaurateurs’ react to roadmap
Boris Johnson’s roadmap on Monday may not have contained many surprises, but the timelines are not what many had hoped for. Restaurateurs have told us, it does at least provide a framework around their planning to reopen, but the concern for many is cash flow. All are now eagerly waiting on the chancellor next Wednesday, to deliver further extended and increased fiscal and … [Read more...]
Mitchells & Butlers suspends pension fund payments ahead of £350 million share call
Mitchells & Butlers has suspended payments to its staff pension fund ahead of seeking £350 million in liquidity through emergency fundraising. Monthly pension contributions of circa £4 million per month are being ceased for three months. The revelation comes alongside the group reporting current cash reserves of £113 million, and a cash burn rate of £30 - £35 million per … [Read more...]
Ireland not considering reopening hospitality before mid-summer
Taoiseach Micheál Martin speaking today on national radio has said that the hospitality industry in Ireland will not reopen before mid-summer. Martin said that he as well as government and public health officials are particularly concerned about the emergence of new variants, adding that current Covid numbers are far too high. During an interview he said: "While I am happy … [Read more...]
Leon founder warns of possible business collapse and the pantomime of scientists against business
John Vincent, co-founder of Leon restaurants speaking earlier today on BBC Radio 4 told listeners in stark terms about the impact of lockdowns to his business and the wider hospitality sector. He warned it was "quite possible" that the Leon restaurant business could collapse "if weeks and months drag on". Also, putting perspective behind his statement he said Leon was … [Read more...]
The Clink Charity announces expansion of training scheme to an additional 70 prison kitchens
Over the next three years, Her Majesty’s Prison and Probation Service (HMPPS) and The Clink charity have agreed to extend their training programme, currently already operating in HMPs High Down, Cardiff, Brixton and Styal, to offenders working in an additional 70 prison kitchens. Following successful pilots, training will continue at HMPs Bristol and Styal and from the … [Read more...]
Deliveroo’s imminent delivery of floatation
Bringing in a big non-executive name and securing big brand investors is one sure sign that a company’s floatation is imminent. Next CEO, Simon Wolfson recently taking his first non-executive role at Deliveroo, and Amazon’s acquisition of 16% of their shares both point to widespread speculation around a floatation of the Deliveroo business as accurate. Almost as widespread as … [Read more...]
Gordon Ramsay Academy announces 2021 opening
World-Renowned, Multi-Michelin starred Chef Gordon Ramsay announces his first GORDON RAMSAY ACADEMY is to open Autumn 2021. As one of the world’s most famous chefs, with one of the UK’s largest, privately-owned restaurant groups including 18 restaurants in London and an additional 17 restaurants internationally including USA, France, Dubai and Singapore (with further openings … [Read more...]
Green Stars headline Michelin Awards 2021
The MICHELIN Guide selection 2021 for the UK and Ireland was held online, presented by Claudia Winkleman in a way that provided other award ceremonies with a template of how to do it. The assessments throughout 2020 were like the restaurants tested to the full by the on and off lockdowns that escalated as the year progressed. So, a testimony to the tenacity of the … [Read more...]
MICHELIN Stars 2021 UK and Ireland Live Broadcast
Watch live as the newly awarded restaurants for the MICHELIN Guide selection 2021 for the UK and Ireland are announced. Just click on the image below and sit back as the culinary sensations are unveiled. You can also follow the event and get involved on our twitter page here. … [Read more...]
First and landmark plant-based Michelin star awarded in France
ONA restaurant in Arès nearby to Bordeaux aims to be a place of life where respect for people, nature and animals is at the centre of all concerns. From this ‘aim’ and much more ONA has also become the first plant-based restaurant in France to be awarded a Michelin star. Claire Vallée is the Founding Chef of the ONA Restaurant and on the homepage of the restaurant’s website … [Read more...]
Gordon Ramsay announces his latest new restaurant opening
Sunway Resort, the spectacular flagship of Sunway City Kuala Lumpur, has announced a ground-breaking partnership with Gordon Ramsay Restaurants to open the world-renowned, multi-Michelin starred chef’s first-ever restaurant in Malaysia, marking the start of an exciting new era of international gastronomy for the country. Under the historic collaboration, guests at … [Read more...]
Adam Handling Restaurant Group installs UV protection for safe reopening
ARC Services are delighted to partner with ENS Group to integrate automated technology touch point cleaning enabling restaurants to minimise the spread of Covid-19. Our competition winner, Adam Handling Restaurant Group, was the recent recipient of the UV-Clean range on their high touch IT-equipment - point-of-sale and mobile payment devices, including tablets for table … [Read more...]
