Hawksmoor: Steakhouse in the red despite record sales September 30, 2025 Steak restaurant chain Hawksmoor has fallen into the red despite its sales passing the £100m mark for the first time. The London-headquartered business reported a pre-tax loss of £1.6m for 2024, down from the £1.4m pre-tax profit it achieved in 2023. New accounts filed with Companies House also show its turnover increased over the same [...]
Popeyes creates nearly 700 UK jobs as sales double September 30, 2025 The UK arm of fast food restaurant chain Popeyes has created almost 700 jobs as its sales more than doubled, it has been revealed. The division of the US giant increased its headcount in this country from 1,492 to 2,179, new accounts filed with Companies House have confirmed. The results also show that its turnover [...]
Wolseley City launch sends Wolseley Group subsidiary sales past £10m September 30, 2025 Strong sales at Wolseley City have pushed a subsidiary of the eponymous restaurant group’s sales past £10m for the first time, its latest accounts show. The King William Street-based bar and restaurant, which opened in November 2023, helped turnover at the Wolseley Hospitality Group jump 85 per cent to £10.8m in 2024, alongside the launch [...]
Wingstop creates 1,000 UK jobs as sales and profit jump September 29, 2025 Wingstop has created 1,000 jobs in the UK as its sales and profit surged before being taken over, it has been revealed. The UK franchise of the US restaurant chain increased its headcount from 1,230 to 2,216 during the nine months to the end of 2024, new accounts filed with Companies House show. Its turnover [...]
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’ September 29, 2025 Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024. The latest total comes after it [...]
The Ritz: Luxury London hotel makes fifth consecutive loss September 29, 2025 The Ritz hotel in London has made a loss for the fifth year in a row despite its turnover jumping in 2024, it has been revealed. The five-star hotel has reported a pre-tax loss of almost £3m for its latest financial year, down from the £10m loss it posted for 2023. The Ritz also made [...]
GBK: Gourmet Burger Kitchen creates 600 jobs amid profit return September 29, 2025 Gourmet Burger Kitchen has created almost 600 jobs as it returned to profit during its latest financial year. The restaurant chain increased its headcount from 1,652 to 2,235 in 2024, according to new accounts filed with Companies House. The results have also revealed that Gourmet Burger Kitchen achieved a pre-tax profit of £4.8m for the [...]
Pizza Express slices value by over £40m as sales slide September 25, 2025 Pizza Express slashed its value by more than £40m in 2024, it has been revealed, as its sales also dipped. The restaurant chain’s pre-tax losses went from £7.9m to £40.7m while new accounts filed with Companies House also show its revenue slipped from £454.5m to £442.1m over the same period. In the UK and Ireland, [...]
Rick Stein’s restaurant group serves up losses as jobs cut September 24, 2025 Rick Stein’s restaurant group served up higher losses in 2024 amid falling sales and job cuts, it has been revealed. Spread across three companies, each entity recorded a lower turnover and widening pre-tax losses for 2024 compared to 2023. The Stein Group includes twelve restaurants, a cookery school in Padstow and a meal kits business. [...]
Asda-owned Leon cuts hundreds of jobs as work from home trend bites September 17, 2025 Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]