Individual Restaurants reports like-for-like sales up 1.8%, secures new £24m banking facility: Individual Restaurants has reported like-for-like sales were up 1.8% for the year ending 31 March 2017. The company, which operates the Piccol … view

Camerons Brewery reports return to profit and Ebitda boost as pub revenue soars, secures £10m funding package for expansion: Camerons Brewery has reported a return to profit and has seen a further boost in Ebitda as revenue from its pub … view

Hotcha’s secured creditor facing £7.4m shortfall due to VAT refund overpayment and overdrawn director loan agreement: The secured creditor of Chinese takeaway franchise Hotcha faces receiving less than £60,000 of the £7.5m it is owed … view

Corbin & King reports losses narrow as turnover passes £45m: London-based restaurant group Corbin & King has seen its losses narrow as turnover pushed past the £45m mark. The company reported turnover increased 8% to £45,473,172 for th … view

Pieminister reports turnover up 17% to £12.6m: Bristol-based Pieminister has reported turnover increased 17% to £12,556,000 for the year ending 31 March 2017 compared with £10,749,000 the previous year. Pre-tax profit fell to £148,000 … view

Inbound visitor numbers fall for first time in three months: Total visitor numbers to the UK fell for the first time in three months in September, according to the latest British Hospitality Association (BHA) Travel Monitor. The data show … view

Park Chinois turns over almost £11m in first full financial year as losses narrow, starts work on new concept: Park Chinois, the Chinese restaurant in Mayfair from Wagamama founder Alan Yau, had turnover of nearly £11m and saw its losse … view

Admiral Taverns reports slight dip in underlying Ebitda: Admiral Taverns has reported turnover of £69.2m (2016: £69.5m) for the 53 weeks to 3 June 2017. Underlying Ebitda was £25.1m (2016: £25.2m), primarily reflecting a “good perfo … view

UK drives European branded coffee shop market expansion, Starbucks overtakes McCafe to become second-largest operator: The UK drove European expansion of the branded coffee shop market in 2017 as it added 643 outlets to reach an estimated … view

£729m worth of gin sold in bars and restaurants in past year as it becomes Britain’s favourite spirit: A total of £729m worth of gin was sold in bars and restaurants in the past year as it surpassed whisky and vodka to become Britainâ … view

Pizza Hut UK on verge of £100m sale: The British wing of Pizza Hut is on the verge of being sold by its private equity backers for about £100m. City sources said the sale of the company’s UK franchise could be announced in the next fe … view

SSP launches new concept Factory Bar & Kitchen at Birmingham airport: Transport hub foodservice specialist SSP has launched new concept Factory Bar & Kitchen at Birmingham airport. The bar and restaurant has been inspired by Birmingham’ … view

Fulham Shore reports turnover and Ebitda boost, Franco Manca makes minority investment in Made of Dough: Real Greek and Franco Manca operator Fulham Shore has reported turnover for the six months ended 24 September 2017 rose to £27.5m, c … view

Zebrano sold out of administration for £750,000, new document reveals: The company behind three-strong London-based restaurant business Zebrano was sold out of administration for a total consideration of £750,000, a new document has rev … view

Burning Night Group curtails crowdfunding campaign after securing private investment to launch Sportskeller concept: Bar company Burning Night Group has curtailed its crowdfunding campaign to launch its new sports-themed bar concept Sport … view

Bread Holdings reports turnover boost as Gail’s grows revenue 30%: Bread Holdings, the parent company of Gail’s Bakery and artisan baker The Bread Factory, has reported turnover increased 24% to £78,956,368 for the year ending 28 Feb … view

Domino’s Pizza to boost stake in Iceland business, completes refinancing: Domino’s Pizza Group has announced developments which will strengthen its international operations and establish a more efficient capital structure. It plans to … view

Sector like-for-likes up 2.2% in November, pub and bar groups opening sites at faster rate than casual dining companies: Britain’s managed pubs, bars and restaurants saw like-for-like sales increase 2.2% in November compared with last y … view

Chapel Down completes £18.53m fundraising, to raise £1.47m more: English wine producer Chapel Down has completed a fundraising of £18.53m through the issue of 37,060,000 new shares at 50p each and intends to launch an open offer for ex … view

Goodbody – up to 22% of smaller operators at risk of financial distress in 2018: Goodbody leisure analyst Gavin Kelleher has argued up to 22% of smaller operators are at risk of financial distress in 2018 as it shapes up to be a “very … view

Zing Zing smashes £500,000 crowdfunding target for further expansion within hours: Zing Zing, the north London-based Chinese takeout concept, has passed its £500,000 target on crowdfunding platform Crowdcube within a matter of hours. Th … view

NPD Group reveals five new trends set to shape Britain’s foodservice industry in 2018: Five new trends that will shape Britain’s £57bn foodservice industry in 2018 have been revealed by insights firm NPD Group.

They are:view

Time Out lines up 50,000 square foot Time Out Market site in Chicago: Time Out Group has signed a conditional lease agreement for a new Time Out Market in Chicago. Anticipated to open in 2019, Time Out Market Chicago will be located at 91 … view

November spend in hotels, restaurants and bars bucks the trend with 4.2% rise as 2017 heads for five-year consumer expenditure low: Consumer spending in November at hotels, restaurants and bars bucked the trend with a 4.2% rise, according … view

November spend in hotels, restaurants and bars bucks the trend with 4.2% rise as 2017 heads for five-year consumer expenditure low: Consumer spending in November at hotels, restaurants and bars bucked the trend with a 4.2% rise, according … view

Craig Mayes to leave Charles Wells: Bedford-based brewer and retailer Charles Wells has announced Craig Mayes will step down from his role as director of managed houses by the end of the year. Following the joint venture with Little Gems … view

Subjects: Small is beautiful, energising and enthusing service providers, and defining quality 

200 Degrees receives £3m investment to help expand to 25-strong estate and develop wholesale business: Nottingham-based coffee roaster and retailer 200 Degrees has received a £3m investment from Foresight Group. Co-founder Rob Darby tol … view

Electra reveals additional £35m investment in TGI Friday’s: Electra Partners, the private equity backer of TGI Friday’s, had reported it made an additional £35m investment in the restaurant company for the year ending 30 September 2 … view

Number of brands seeking to develop own app rises 400% as diners become savvy over data sharing: The number of hospitality brands seeking to develop their own app has rocketed 400% in the past 12 months, according to the latest Go Technol … view

Shaftesbury to raise £265m to help fund acquisitions: Shaftesbury, which is landlord to 282 pubs, restaurants and cafes in the West End, is to raise up to £265m through a share placing for projects, which includes acquiring 72 Broadwick … view

Restaurant Marketer & Innovator Award finalists revealed: Finalists have been announced for Restaurant Marketer & Innovator Awards, the inaugural awards staged by Propel and Think Hospitality to recognise success in marketing and innovati … view

Brighton Pier Group buys Paradise Island Adventure Golf operator for £10.5m: Brighton Pier Group, which has sector investor Luke Johnson as chairman, has entered into a conditional agreement to acquire Lethington Leisure, which owns and … view

Optimism dips among sector leaders, more than two-thirds increase menu prices as costs soar: Optimism among leaders in the eating and drinking out sectors has been substantially dented since the start of the year, CGA’s latest Business … view

Optimism dips among sector leaders, more than two-thirds increase menu prices as costs soar: Optimism among leaders in the eating and drinking out sectors has been substantially dented since the start of the year, CGA’s latest Business … view

Boparan makes changes to executive team: Boparan Restaurants has made changes to its executive team that will come into force in the coming weeks as it prepares for its next stage of growth. Nick Smith takes up the newly created role of c … view

Laine acquires Distinct Group pub estate: Multiple pub operator and brewer The Laine Pub Company, which is backed by Luke Johnson, has acquired the four-strong, leasehold pub estate of the Distinct Group. The acquisition of the Distinct G … view

Post-Brexit price rises for food, drink and holidays among biggest consumer fears, 40% margin between ‘leavers’ and ‘remainers’: Post-Brexit price rises for food, drink and holidays are among the biggest consumer fears for when th … view

SSP to acquire Germany-based travel catering business: Transport hub foodservice specialist SSP has agreed to acquire Stockheim, a travel catering business based in Germany. Stockheim operates 25 food and beverage outlets in airports and … view

Douglas Jack upgrades M&B forecasts by 4%: Peel Hunt leisure analyst Douglas Jack has upgraded his forecasts on Mitchells & Butlers (M&B) by 4% following the pick-up in like-for-like sales and higher returns on capex. Issuing an ‘Add’ … view

Giraffe paid £9.9m for 30 Ed’s Easy Diner sites, new accounts reveal: Giraffe Concepts paid £9.9m to acquire 30 Ed’s Easy Diner sites in a pre-pack administration agreement, newly filed accounts have revealed. Giraffe reported turno … view