Ramsay’s Best Restaurant finalist Prashad has doubled its workforce and sales since the first programme was broadcast on Channel 4 in late September. The Bradford-based Indian vegetarian restaurant said it has increased its daily covers from 22 to 40 to cope with the surge in diners. The business has also added three new waiters and three new kitchen staff, with four … [Read more...]
England World Cup 2018 decision today, potential £3bn boost
English hotels, restaurants and pub chains as well as sponsors and retailers will learn later today (2 December) whether the country will receive the expected £3bn commercial boost of being awarded the 2018 World Cup. The bidding nations’ fate will be decided by FIFA’s 22-strong executive in Zurich at about 15.00, with England, a joint bid by Spain and Portugal and Russia … [Read more...]
Paul Campbell resigns as chief executive of Clapham House
The boss of Clapham House, the company behind Gourmet Burger Kitchen and The Real Greek, which was sold to its close rival Nando's, has quit and is setting up a fund investing in new restaurants. Paul Campbell resigned as the chief executive of Clapham House on Friday after selling the company for £30.4m in September to the peri-peri chicken chain and its … [Read more...]
Mitchells & Butlers, building effective marking throughout 2011
Mitchells & Butlers (M&B), owner of the Toby Carvery and Harvester pub restaurant brands, says that “effective” marketing will help it through the “uncertain” economic environment next year. The company, which also owns the All Bar One chain, has reported revenue increased 1.1% to £1.98bn in the year to 25 September, helping push pre-tax profit up 26.1% to … [Read more...]
Disposal of Paramount Restaurants portfolio concluded
Acting on behalf of Paramount Restaurants, Christie + Co has sold the leasehold interests of 28 of the company’s non-core assets, with all but two sites acquired by established corporate operators. In May this year, Paramount Restaurants instructed Christie + Co to advise on the disposal of a portfolio of 37 sites operating under the Brasserie Gerard, Chez Gerard, Caffè Uno, … [Read more...]