Legal
‘Serious lack of competence’: Patisserie Valerie auditors fined £2.3m
‘Serious lack of competence’: Patisserie Valerie auditors fined £2.3m
The FRC said Grant Thornton had "missed red flags" and failed to "question information provided by management".
Yo! Sushi considering October IPO: report
The Snowfox Group will present detailed financial information to City analysts.
Gail’s owner Bread Holdings acquired by Bain Capital in £200m deal
RCP chairperson Luke Johnson will retain a shareholding, understood to be around 15%.
Domino’s completes first chunk of £80m share buyback programme
It reported a 27.7% jump in underlying profit before tax during the results.
Franco Manca owner sees sales uptick as as diners return
But sales in London West End restaurants, however, are still below pre-pandemic levels.
Franco Manca owner mulls expansion as sales rebound
It wants to open 10 new restaurants in this financial year in the UK.
Domino’s Pizza Group exits Swiss business
The transaction is expected to complete by the end of August 2021.
Burger King France to sell Quick restaurants to H.I.G. Capital
The restaurants were up for sale in May.
TriSpan gobbles up majority stake in Pho
The first Pho restaurant opened in 2005 in Clerkenwell and has since expanded to 30 restaurants and three delivery-only kitchens.
Just Eat Takeaway ‘vulnerable to takeover bids’, activist investor warns
Cat Rock Capital urged the food delivery company to explore “strategic options.”
Burger King UK owner exploring sale of chain: report
The chain operates about 530 sites in the UK.
Greggs amongst biggest food retailers to back ‘snack tax’
Organisations also welcomed the report’s latest recommendations.
Just Eat Takeaway sees delivery orders soar 733%, raises guidance
Triple-digit order growth was seen in London.
Pizza Express completes £335m refinancing
It had hired 1,000 new staff members to help drive its rebound following the pandemic.
Greggs’ sales recovering at stronger rate than expected
Earlier this year, Greggs reported its first full-year loss for 36 years.
Taco Bell restaurant in Newcastle wins licensing hours appeal
Operator QFM Group expects to move to add to the city’s night-time economy.
Itsu poised to open 100 new outlets after striking Bridgepoint deal
The partnership is also the second time the London-based group invested in Julian Metcalfe’s ventures.
