The ALMR has welcomed a report by the British Chamber of Commerce that echoes the eating and drinking out trade association’s own warning of rising costs for UK businesses. ALMR Chief Executive Kate Nicholls said: “The ALMR has been highlighting for more than a year how costs for businesses are rising. The BCC’s report states exactly that, and is a welcome addition to … [Read more...]
Burgers, Bank Holidays and Beverages
Have we all gone Burger mad in the UK? Thursday 24th August has been National Burger Day and it seems that many hospitality establishments have been getting ahead of any hopeful Bank Holiday sunshine with offers and extensive lists of burgers. Burgers, it seems, can be made of anything from beans to venison (they are very deer!), halloumi cheese to wagyu. In 2016 burgers … [Read more...]
Patron Capital completes £1.8 billion acquisition of Punch Taverns
Patron Capital, the pan-European institutional investor focused on property backed investments, has completed its acquisition of Punch Taverns Plc (“Punch”).* The deal, at 180 pence in cash per share, values the equity of Punch at approximately £402 million and implies an enterprise value of around £1.8 billion. Punch is a leading owner of tenanted pubs in the UK. In the 12 … [Read more...]
Neighbourhood Bar and Restaurant announce Leeds opening
Get ready to dine, drink and dance as the North West’s most opulent party venue, Neighbourhood, opens in Leeds this Autumn. Taking over the former Carluccio’s unit in the centre of busy Greek Street, the New York-inspired celebrity hotspot is an all-day dining destination, effortlessly morphing in to one of the UK’s hottest parties by night. The lavish £1.7million … [Read more...]
Chinatown sizzles with #MyLondonDish
With a commitment to long-term curation and partnership with the Chinatown London community, Shaftesbury has gathered a host of mouth-watering dishes available within Chinatown London, supporting the Mayor of London’s #MyLondonDish social media campaign. As part of his #LondonIsOpen initiative, the Mayor of London has launched #MyLondonDish to showcase London’s diverse food … [Read more...]