Franco Manca and Real Greek owner slumps to £14m loss as boss quits Hospitality The owner of Franco Manca and Real Greek slumped to a £14m loss shortly after it its boss quit in the wake of a swathe of restaurant closures. Private equity firm Fulham Shore was hit by a £14.2m loss before tax in the year to March 2025, Companies House filings have revealed, nearly triple its [...]
Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes Hospitality Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul. The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs. The move [...]
Franco Manca and The Real Greek owner blames home workers for fall into the red despite sales rising to £100m hospitality The owner of the Franco Manca and The Real Greek restaurant chains has blamed the rise in home working for it slipping into the red.