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Gusto Italian restaurant group sees turnover rise to £24m

Gusto sees turnover rise to £24m

By James McAllister

Northern-based restaurant group Gusto Italian has seen its turnover almost double in its latest set of financial results, with earnings before interest, taxes, depreciation and amortisation (EBITDA) also up.

Managed hospitality groups register 12 months of growth after September warms pub sales

Managed groups register 12 months of growth

By James McAllister

Britain’s managed restaurant, pub and bar groups completed 12 consecutive months of year-on-year sales growth in September, the new CGA RSM Hospitality Business Tracker reveals.

Phil Howard and Julian Dyer takes NOTTO to Covent Garden

Phil Howard takes NOTTO to Covent Garden

By James McAllister

Phil Howard and Julian Dyer will launch a second restaurant under their premium pasta brand NOTTO later this year in London’s Covent Garden.

Market Place plans to open three to four sites per year amid nationwide expansion

Market Place plots nationwide expansion

By Shwetali Sapte

London-based food hall operator Market Place is aiming to open three to four sites per year as it looks to take its concept nationwide.

London-based burger chain Patty & Bun CVA approved

Patty & Bun CVA approved

By Finn Scott-Delany

Patty & Bun has had proposals approved for a Company Voluntary Arrangement (CVA).

Restaurant operators turn to technology to combat staff retention

Operators turn to tech to combat staff retention

By James McAllister

Nearly half of hospitality operators are utilising tech to improve staffing challenges such as retention and churn, according to the latest Business Confidence Survey from CGA by NIQ and Fourth.

YO! returns to profit

YO! returns to profit

By Finn Scott-Delany

Sushi brand YO! returned to profitability in the UK in 2022 as it saw a strong rebound in footfall post-pandemic.

Former Patisserie Valerie CFO charged with fraud

Former Patisserie Valerie CFO charged with fraud

By Finn Scott-Delany

The former chief financial officer of Patisserie Valerie has been charged with fraud along with three others in connection with their role in the collapse of the chain in 2018.

Dishoom expects full profit recovery in 2023

Dishoom expects full profit recovery in 2023

By Finn Scott-Delany

Dishoom neared £100m turnover in 2022 and expects to return to pre-pandemic levels of profitability in 2023, according to its latest filings to Companies House.

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