After a failed rescue by private equity of the struggling British restaurant group, TGI Fridays has lost more than 1,000 jobs and closed 35 branches. D&D London, the owners of
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Retailers are usually quick to announce price reductions and quiet about price increases, but some wine retailers have broken ranks to alert customers to the looming increase due to changes
Administrators have reportedly reached a deal to save over 2,000 jobs at the UK branch of the TGI restaurant chain. Calveton & Breal Capital, the private equity owners of upmarket
A report compares the UK’s growing wine industry to California in the 1970s, with production increasing by more than twofold to 12m bottles per year. Will Banham is a partner
New legislation that comes into effect this week will force restaurants to decide whether they want to raise prices for food and drinks or face legal action for sharing tips
After a backlash by the food and beverage industry, ministers will water down the “packaging tax” of £1 billion proposed by the previous Conservative government. From April of next year,
Lord Ashcroft’s Gusbourne estate, which is controlled by him, may be for sale at a high price but the harvest this year will face “challenging vineyard conditions”. After building up
The price of chocolate has risen by 11% over the last year, far exceeding the increases in other food items across UK supermarkets. According to Which?, consumers who open their
The UK branch of TGI Fridays has announced that it will appoint an administrator, which puts the future of all 87 restaurants and its 4,500 employees at risk. Hostmore is
Knoops raises £5 million through a deal valued at £34million. The chain of fast-growing chocolate drink cafes aims to open 5,000 outlets worldwide within the next decade. Since William Gordon-Harris
Last month, households increased their grocery expenditures by stocking up on essentials for lunchboxes. Inflation in Great Britain’s supermarkets dropped. Kantar, a retail analyst, says that the rate of inflation
Sir Tim Martin, the head of Wetherspoons, has come out in defence of pre-flight drinking, stating that the pub chain removed two-for-one alcohol deals and “shooters” from their airport menus
In a surprising turn of events, an executive at Diageo, the parent company of Guinness, has predicted that the non-alcoholic version of the iconic beer could one day outshine its
Starbucks Corporation has announced a significant leadership change, appointing Brian Niccol, the current head of Chipotle Mexican Grill, as its new chairman and chief executive. This move comes in response
A recent poll conducted by Ipsos for the Health Foundation thinktank has revealed that a majority of people in Britain are in favor of introducing new taxes on companies that
In a bold move to combat soaring obesity rates, Newcastle upon Tyne, the birthplace of the iconic Greggs bakery chain, has implemented a ban on new takeaway and fast food
