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Just Eat Takeaway sales rise 54% in 2020
Just Eat Takeaway sales rise 54% in 2020
Operating losses, however, rose to €107 million from €78 million. a year before
The Restaurant Group eyes £175m capital raise to expand Wagamama, pub businesses
It will also be used as a buffer in case of a resurgence of the COVID-19 pandemic in the country.
Island Poke secures cash injection from Hero Brands, eyes new restaurant openings
It opened four dark kitchens over the past 12 months.
Domino's to accelerate delivery business, eyes 200 additional stores
This follows “strong trading” throughout COVID-19.
The Restaurant Group burns through £5.5m a month despite jump in takeaway orders
The Wagamama owner also secured a fresh loan.
Furlough scheme extended until end of September
The scheme was due to expire at the end of April, but calls grew for it to be further extended to help protect jobs.
Wimpy profits up before lockdowns
It warned its revenues faced "material diminution" as a result of enforced closures.
The Hummingbird Bakery bought by Acropolis Capital in pre-pack deal
The move safeguards 60 jobs across the business.
Big Table Group inks long-term deal with Center Parcs restaurants
A new premium Italian restaurant concept will also be introduced as part of the deal.
Upper Crust owner SSP gets extra £175m COVID support
The increase takes its borrowing through the programme to its max of £300 million.
Just Eat Takeaway raises €1.1bn in convertible bonds offering
It follows three consecutive quarters of order growth acceleration.
PizzaExpress exits 23 more sites
It leaves the group with around 375 UK restaurants.
SSP expects Q1 sales slump due to rising COVID-19 cases in Europe
The company also said it has broadened its revenue streams by selling essentials.
Nando's denies reports over debt crisis talks
The chain said it was not in any detailed talks with banks.
Barburrito to close three restaurants following restructure
More than 270 jobs were protected.
Subway caught in rent dispute with franchisees' landlords
Landlords claim the chain is exploiting the ban on evictions.
VAT cut to be extended for hospitality sector, chancellor says
The measure is expected to help support more than 150,000 businesses through the winter period.
