Everards reports 2.9% like-for-like profit growth in pub estate, new brand identity sees beer sales rise 6% since summer: Leicestershire-based brewer and retailer Everards, led by Stephen Gould, has reported like-for-like profit growth of … view

BHA – increasing pressure on sector as inbound tourism visitor numbers decline again: The number of leisure tourists coming to the UK has declined for the second consecutive month while outbound holiday travel is growing strongly, accor … view

Bistrot Pierre reports turnover up 18%, profit down as it invests: Bistrot Pierre, the restaurant group that is backed by private equity firm Livingbridge, has reported turnover increased 18% to £19,519,578 for the year ending 30 June 20 … view

Eating and drinking out spend sees double-digit increases in November as Britain bounces back from Paris terror attacks: Eating and drinking out spend in November saw double-digit year-on-year increases as Britain bounced back from last y … view

Former Wagamama backer buys majority stake in Loungers for £137m: Private equity firm Lion Capital, the former backer of Wagamama, has acquired a majority stake in cafe bar brand Loungers for £137m. Lion has bought exiting backer Piper� … view

Ascot Inns managing director to launch Thirsty Bear pizzeria concept, targets six-strong estate: Ascot Inns managing director Vince Healy is set to launch pizzeria concept Thirsty Bear having secured a venue in Reading. Healy, who has for … view

Restaurant bosses join forces to highlight key issues to prime minister ‘crippling’ industry: Restaurant bosses have demanded prime minister Theresa May eases the “crippling” burdens caused by a perfect storm of soaring business r … view

Enterprise Inns bosses see remuneration fall despite annual bonus increase: Enterprise Inns executive directors have seen their remuneration fall despite receiving increased annual bonuses, the company’s annual report has revealed. Chie … view

Liberation Group owner sells Park Holidays UK for £362m: Holiday park operator Park Holidays UK has been sold by The Liberation Group owner Caledonia Investments to Tiger Bidco, a special purpose vehicle incorporated by Intermediate Capi … view

Marston’s chief executive sees remuneration increase to more than £1m: Marston’s chief executive Ralph Findlay has seen his remuneration increase to more than £1m this year, the company’s annual report has revealed. For the period … view

Fulham Shore reports turnover and Ebitda rise: Real Greek and Franco Manca operator Fulham Shore has reported turnover for the six months ended 25 September 2016 rose to £19.9m, compared with £13.9m the year before. The company reported … view

Coffee shops to outnumber pubs by 2030 as they become UK’s new ‘local’: Coffee shops are set to outnumber pubs in the UK by 2030 as they become the new “local”, according to the Project Café2017 UK report from Allegra World Cof … view

M&B executives miss out on annual bonus after failing to hit financial target, company annual report reveals: Mitchells & Butlers executive directors have missed out on their annual bonus after failing to hit their financial targets, the … view

Just Eat to acquire Hungryhouse for £200m, agrees £66.1m deal for Canadian firm: Just Eat, the market place for online food delivery, has agreed a deal to acquire rival firm Hungryhouse from Delivery Hero for £200m. A further cash amou … view

Coffer Peach Tracker – overall like-for-likes up 1.1%, pubs outperform restaurants: Managed pub and restaurant groups saw collective like-for-like sales grow 1.1% in November against the same month last year, according to the latest Cof … view

Coffer Peach Tracker – overall like-for-likes up 1.1%, pubs outperform restaurants: Managed pub and restaurant groups saw collective like-for-like sales grow 1.1% in November against the same month last year, according to the latest Cof … view

Punch confirms Heineken approach as shares shoot up 20%: Punch has confirmed it has received a takeover approach from Heineken as the company’s shares shot up more than 20%. The pub operator’s shares were up 26.50p to 155p just after … view

Tim Martin – ‘pub industry cost rises will result from UK legislation, not Brexit’: JD Wetherspoon chairman Tim Martin has argued that the cost pressures facing the pub industry will come from UK legislation and nothing to do with B … view

Analyst – Whitbread site visit is a reminder of long-term Costa potential: Numis leisure analyst Tim Barrett has argued that a Whitbread site visit in Lambeth is a reminder of the company’s long-tem potential. He said: “Our site vis … view

Chipotle co-chief executive resigns: Chipotle Mexican Grill co-chief executive Monty Moran has resigned after a year of weak sales following a series of food safety outbreaks in 2015. Moran will retire from Chipotle in 2017 and has also s … view

C&C Group signs extended distribution and brewing deal with AB InBev: C&C Group, the manufacturer, marketer and distributor of branded cider, beer, wine and soft drinks in Ireland and the UK, has entered into expanded distribution and con … view

ETM Group reports pre-tax profit passes £1m mark, renegotiates banking facility: ETM Group, the gastro-pub operator led by brothers Ed and Tom Martin, has reported pre-tax profit has passed the £1m mark. The company saw pre-tax profit o … view

Af … view

McDonald’s to move non-US tax base to UK: McDonald’s is moving its non-US tax base to the UK, ditching Luxembourg where its tax arrangements are under attack from European Union regulators and critics of corporate tax avoidance. In an … view

Teixeira steps down at Boparan, replaced by Tom Crowley: Tom Crowley has assumed the position of chief executive of Boparan Restaurant Group as Joe Teixeira steps down. Taking up the role with immediate effect, Crowley will oversee Bopara … view

Sky News – Byron to hire new chief executive and chairman: Dalton Philips, the former‎ boss of supermarket chain Wm Morrison, is to named as the chairman of better burger brand Byron, Sky News has reported. Philips will join the compa … view

Crussh looking to double estate size after unveiling new identity and store concept: Crussh, the London-based healthy food and juice brand, is looking to double the size of its 28-strong estate after unveiling a new identity and store con … view

Starbucks reveals five-year strategic plan, aims to add 12,000 new stores globally: Starbucks has revealed its five-year strategic plan for growth, which includes adding 12,000 new stores globally that will take the company to a 37,000-st … view

Starbucks leads European coffee league, UK most advanced market: Starbucks is the fastest-growing branded coffee chain in Europe having opened 194 stores in 2016, according to the Project Café2017 Europe report from Allegra World Coffee … view

Stonegate buys Intertain: Private equity firm Better Capital has exchanged contracts on the disposal of its interests in Walkabout operator Intertain to Stonegate Pub Company at an enterprise value of £39.5m. Formal completion is uncondi … view

Coco di Mama looking to ‘own London’ before considering regional expansion: Coco di Mama, the London-based quick-service Italian food and coffee operator owned by Azzurri Group, is looking to “own the capital” before considering r … view

Chinese investment company buys David Cameron’s local: A Chinese investment company SinoFortune Investment, has bought David Cameron’s local through agent Christie & Co. The Plough at Cadsden hit the headlines late last year when the … view

Admiral Taverns reports growth in turnover and Ebitda: Admiral Taverns has reported growth in turnover and Ebitda for the year ending 28 May 2016. Turnover was up 1.7% to £69.5m, compared with £68.4m in 2015. Underlying Ebitda was up 1. … view

Howard Schultz to step down as Starbucks chief executive: Howard Schultz is to step down as Starbucks chief executive for a second time next April. Schultz will become “executive chairman”, and the Kevin Johnson, chief operating offic … view

Industry bodies win battle to have NLW set independently from political interference saving sector billions: Industry bodies have won their battle to have National Living Wage (NLW) increases set independently from political interference … view

Research and insights company The NPD Group has identified five key foodservice industry trends to monitor in 2017. They are:

1) Respond to the delivery revolution: Delivery is not new in foodservice but it is gro … view

Jamie Oliver’s Fifteen declared bankrupt in Amsterdam: An Amsterdam court has declared Fifteen, Jamie Oliver’s training restaurant in the Dutch capital, bankrupt. The restaurant can no longer afford its 25,000 euros a month rent and o … view

Greene King facing increase in cost pressures of more than £30m in next three years: Greene King is facing an increase in cost pressures of more than £30m over the next three years. The company is expecting a National Living Wage net co … view