Monsoon Accessorize, Restaurant Group and Quiz to shut sites
Decision by Frankie & Benny’s owner and fashion brands puts thousands of jobs at riskCoronavirus – latest updatesSee all our coronavirus coverageThe Restaurant Group and the fashion brands Monsoon...
View ArticleDeliveroo and food chains ask Boris Johnson for help during pandemic
Pizza Hut, Pret a Manger, Itsu and Wagamama suggest measures to help restaurants survive Coronavirus – latest updatesSee all our coronavirus coverageDeliveroo and the bosses of major chains including...
View ArticleOne in 10 of Restaurant Group outlets will not reopen this year
Owner of chains including Frankie & Benny’s hopes to open most by end of SeptemberCoronavirus – latest updatesSee all our coronavirus coverageThe hospitality chain the Restaurant Group (TRG) has...
View Article'Sales went berserk!' Eat out scheme serves much-needed help to hard-hit...
Be it Wetherspoons or Wagamama, Eat out to help out has tempted out wary diners in their drovesFrom Belfast to Manchester, diners feast on Eat out to help outMonday to Wednesday is the new weekend...
View ArticleWagamama owner slumps to £235m loss due to Covid lockdown
The Restaurant Group says recent sales have risen but it faces row over executive payCoronavirus – latest updatesSee all our coronavirus coverageSales at The Restaurant Group, which owns the Wagamama,...
View ArticleQuestions for Treasury as Covid loan scheme bites back
Predicted 35-60% default rate of ‘bounce-back’ loans is colossal – and banks can hardly be blamedTaxpayers face losing up to £26bn on Covid business loans250,000 SMEs struggle to access bounce-back...
View ArticleShareholders revolt over Wagamama owner boss's pay package
Deal for Restaurant Group’s Andy Hornby is approved, but 37% of investors vote against itThe Restaurant Group, which owns the Wagamama, Frankie & Benny’s and Garfunkel’s chains, has suffered a...
View ArticleThere's no harm in asking but easyJet shouldn't bet on a bailout
The airline has time to act, and a reasonable base from which to assemble a self-help packageHow bad are things at easyJet? Well, the backward-looking numbers are dreadful, obviously. An airline that...
View ArticleWagamama owner burns through £5.5m a month in Covid-19 lockdown
The Restaurant Group secures fresh loan despite jump in number of takeaway ordersCoronavirus – latest updatesSee all our coronavirus coverageThe Restaurant Group, which owns the Wagamama, Frankie &...
View ArticleWagamama owner to raise £175m because of Covid struggles
The Restaurant Group’s revenues fell 57% in 2020 on back of hospitality restrictionsCoronavirus – latest updatesSee all our coronavirus coverageThe Restaurant Group, the owner of the Frankie &...
View ArticleWagamama struggling to find chefs at a fifth of its UK sites
Boss of restaurant chain blames high demand, supply chain problems and EU workers leaving after BrexitUK labour crisis could last up to two years, CBI warnsThe boss of Wagamama has said the restaurant...
View ArticleDarktrace’s astonishing rise makes City forecasters look sillier than usual |...
The cybersecurity firm has more than lived up to its promises, but that is not enough to account for its stellar riseThe prize for most undervalued flotation of the year goes to Darktrace. The...
View ArticleEx-Fat Duck pastry chef sues for £200k over RSI claims
Former worker at Heston Blumenthal restaurant says injury caused by tasks such as bagging sweetsA former pastry chef at Heston Blumenthal’s Fat Duck restaurant has claimed she was left with crippling...
View ArticleWagamama owner TRG expects to rise above the Omicron effect
Adjusted profits for 2021 forecast at top end of £73m to £79m guidance to investorsCoronavirus – latest updatesSee all our coronavirus coverageThe owner of restaurant chains including Wagamama and...
View ArticleWagamama owner and Fever-Tree warn of cost increases as energy prices soar
The Restaurant Group mindful of impact of Russia-Ukraine war, while drinks maker lowers profit guidanceRussia-Ukraine war: latest updatesThe drinks maker Fever-Tree and the owner of the Wagamama and...
View ArticleNext and Wagamama face investor backlash over CEO bonuses
‘Red top’ warning over payouts for Simon Wolfson and Andy Hornby after chains given Covid supportThe fashion retailer Next and the restaurant group behind Wagamama are facing a potential backlash over...
View ArticleWagamama owner warns food and drink inflation could hit 10%
The Restaurant Group says it still expects to meet full-year profit forecasts despite surge in costsThe owner of Wagamama, Frankie & Benny’s and Chiquito expects food and drink inflation to reach...
View Article20 of the UK’s best seaside restaurants, cafes and shacks
Enjoy fresh seafood with sea views at these fabulous dinersThis small, ramshackle-looking café, set above sandy Barricane Beach, serves up lipsmacking Sri Lankan curries from 5-7pm every evening. It’s...
View ArticleWhat cost of living crisis? Bumper executive bonuses make a comeback
As staff grapple with rising food and petrol prices, average pay of FTSE 100 bosses has risen to pre-Covid levels“If that had been our CEO, he would’ve been on the front pages with whiskers painted on...
View ArticleFormer Del Taco worker files sexual harassment suit against fast-food chain
Suit filed two years after a settlement over another lawsuit alleging sexual harassment and retaliation against female employeesDel Taco, the second largest Mexican fast-food chain in the US, has been...
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