Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
Toast the City: Galvin La Chapelle brothers on Michelin success and 20 years in business May 31, 2025 In a new series celebrating the people and places nominated for our Toast the City awards, Adam Bloodworth visits Galvin La Chapelle, a Michelin starred restaurant in a Victorian chapel in the Square Mile Half of all restaurants that open in London close within two years. It’s a bleak truth, and yet the upside is that [...]
La Môme at The Berkeley review: a splash of high camp May 28, 2025 The Berkeley’s newest restaurant, La Môme, is best when it leans into eccentricity, but the food needs work, says Adam Bloodworth The Maybourne Group run the very plushest London hotels. Their newest, The Emory – London’s first and only all-suite hotel – charges north of a grand for an entry-level room. It opened last year [...]
Spending in pubs surges as Brits flock to beer gardens May 28, 2025 Pubs enjoyed a boost in April during the sunny spring weather as Brits opted for outdoor beer gardens over indoor restaurants. Like-for-like sales growth at pubs reached 9.1 per cent year on year, according to the latest CGA RSM Hospitality Business Tracker. Sales across all hospitality outlets were 4.2 per cent ahead of April 2024 [...]
Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses May 23, 2025 Losses have been revealed for part of billionaire Richard Caring’s high-end restaurant empire, which includes the likes of Sexy Fish, as talks over a potential £1bn sale continue. The 2023 results for Caprice Holding, which also owns Scott’s and Bacchanalia, have only just been published, eight months after the Companies House deadline. The documents show [...]
Pizza Hut: The fortune owed by firm behind UK restaurants before rescue May 12, 2025 The company behind Pizza Hut’s restaurants in Britain owed more than £50m as it collapsed before being rescued, it has been revealed. Heart With Smart (HWS) was saved in January by an entity controlled by investment firm Directional Capital in a deal which salvaged all but one Pizza Hut location. Its new owner was the [...]
Mowgli Street Food returns to profit as it creates over 100 jobs May 1, 2025 Mowgli Street Food, the restaurant chain run by celebrity chef Nisha Katona, has returned to profit and created more than 100 jobs. The Liverpool-headquartered business has reported a pre-tax profit of £512,178 for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The total comes after Mowgli Street Food posted [...]
The Ivy owner sheds jobs as potential £1bn sale drags on April 28, 2025 The group behind restaurant chain The Ivy shed 300 jobs as billionaire owner Richard Caring continues to weigh a £1bn sale, it has been revealed. The business has only just published its financial accounts for 2023, seven months after the Companies House deadline. The results show The Ivy’s owner cut its headcount from 5,962 to [...]
Pizza Express orders up £55m in extra dough April 3, 2025 Pizza Express has secured a boost worth £55m after agreeing a refinancing deal which will significantly cut its debt. The restaurant chain has negotiated a £55m par debt paydown which will see its debt position reduced to £280m. As part of the deal, shareholders including Bain Capital Special Situations will inject £20m equity into the [...]
Ryan Giggs restaurant closed owing huge sums March 24, 2025 Almost £500,000 was owed by the company behind a restaurant owned by former Manchester United star Ryan Giggs when it collapsed, it has been confirmed. George’s Dining Room and Bar in Worsley, Salford, shut in February and the business behind it was placed into voluntary liquidation. Ryan Giggs opened the restaurant with friends Kelvin Gregory [...]