UK

Creditors approve company voluntary arrangement for Prezzo

Creditors approve company voluntary arrangement for Prezzo

Prezzo has announced its creditors have overwhelmingly supported the Company Voluntary Arrangement.

Levels of ‘Significant' financial distress up 8% across UK restaurants

Begbies Traynor revealed it was caused by the subdued consumer spending and fierce promotional activity.

Carluccio's mulls sale of business

The brand is seeking a buyer after it denied a restructure earlier in March.

Profits at top 100 UK restaurant groups crashed 64% to £125m

The pre-tax profits fell to £125m from £345m in the past year, according to UHY Hacker Young Group.

PizzaExpress releases new app with technology platform Flyt

Customers are now able to pay and go in under a minute by using the app at 470 sites.

Prezzo restaurant group to shutter 94 outlets

Its creditors have backed a restructuring plan that will see it close about a third of the chain.

Burger overtakes le jambon-beurre as France's favourite snack

Food consultancy Gira Conseil revealed that the French have eaten nearly 1.5 billion burgers last year.

M&S hires Steinhoff UK's CEO as new food managing director

Steinhoff UK’s group chief executive Stuart Machin will join M&S in late April.

Esquires Coffee to open 36th store in Manchester

It will be opening its doors on March 28th for a 2-day soft opening, before officially opening on April 3rd.

Review of the top UK food-to-go developments

IGD see robust growth plans from many different operators.

Caffè Nero launches in-app Easter Egg Hunt with Yoyo

Its new Alice in Wonderland-themed is geared to surprise and delight its customers with prizes.

Deliveroo Edition to launch deep fried creme eggs for Easter

It ties up with Mother Clucker to create chocolate treats available on app from the 26th, whilst stocks last.

Wagamama unveils refurbished St. David's site

The new interior reflects the brand’s core Japanese values of ‘Kaizen’, which translates as positive change.

Starbucks to pilot ‘bean to cup' traceability with new technology

It is adding a new ingredient to take “bean to cup” transparency to the next level.

Monopoly returns to McDonald's UK for the thirteenth year

The campaign sees the introduction of McDonald’s first branded hashtag emoji on Twitter - the #McWinning.

Starbucks and Closed Loop partners to develop recyclable cup solution

It pledges $10m to establish a groundbreaking consortium to launch the NextGen Cup Challenge.