Analysts have warned that businesses across the food supply chain will be ‘feeling the heat on prices for some time to come’ as inflation continues to fall slowly.
The first week of 2024 was tough for the sector with several high-profile restaurants closing their doors amid insurmountable cost pressures, and data showing a decline in consumer spend.
Cardiff-based restaurateurs Phill and Deb Lewis are to close their sustainability-focused outdoor restaurant Kindle, describing the decision as ‘a reflection of the current industry struggles’.
Sandy Jarvis, former head chef and managing director at The Culpeper Family Hospitality Group and his husband Clément Cousin will open neighbourhood bistro Bavette in Horsforth, Leeds, next month.
Takuya Watanabe and the Leong family’s follow up to their Michelin-starred Mayfair omakase joint Taku has a more casual vibe but is still decidedly high-end.
Highly-rated County Durham restaurant Raby Hunt will close later this month as its chef patron James Close joins the nearby Rockliffe Hall as culinary director.
Restaurant and bar group Mission Mars is planning to open a further 12 Rudy’s Pizza sites this year after reporting ‘record’ sales across its estate over the festive period.
Manchester-based restaurant group Sud Pasta will relaunch this month under a new brand called Rigatoni’s, which is billed as aiming ‘to bring quality pasta to the masses’.
Dinings SW3 executive chef Masaki Sugisaki is partnering with four other high-profile chefs for a series of dinners that are designed to throw the spotlight on sustainable seafood.
KERB is to welcome four new traders to Seven Dials Market in Covent Garden as it looks to place greater emphasis on incubating fresh talent at its flagship food hall.
Restaurants saw a spending decline of 6.7% in 2023, according to data from Barclays, as Brits spent less on eating out to offset rising household bills.
Tony Rodd has announced the immediate closure of his Copper & Ink restaurant in Blackheath, south east London, saying that ‘continued financial difficulties’ have made the business ‘untenable’.
Chef James Allcock has permanently closed his Yorkshire bistro The Pig and Whistle in Beverly, describing it as ‘the most gut-wrenching decision’ of his life.
High-profile chefs Simon Rogan, Adam Handling and Jeremy Lee are among the hospitality professionals to have been recognised in the 2024 New Year’s Honours list.
Sessions has pulled out of a deal to open a huge food hall in Manchester and closed its Islington food hall Neighbourhood as the business ‘consciously moves away from large capex projects with high operational intensity’.
Richard Caring is reportedly considering selling a ‘big’ stake in the The Ivy Collection in a deal that could see the circa 40-strong business valued at ‘around £1bn’.
Gino D’Acampo’s First Street Bar & Kitchen restaurant at INNSiDE Manchester Hotel will change its name to Gino D’Acampo, Manchester early next year following a £800,000 refurbishment.
