10,000 pubs and restaurants permanently closed in 2020
Nearly 10,000 pubs and restaurants closed their doors for good last year, marking a 15% rise on the number of closures in 2019.
TGI Friday owner gears up to sell the business
Electra Private Equity is planning to put TGI Fridays on the market as it looks to wind down its portfolio.
Greggs continues plans to roll out 100 new sites
Bakery chain Greggs will continue with its plans to roll out 100 new sites in 2021 despite warning that profit levels will not recover until at least next year.
Treasury unveils £4.6bn relief package for retail and hospitality
The Treasury has unveiled a £4.6bn relief package for retail and hospitality businesses affected by the third national lockdown.
Lord Sugar joins Caffe Nero landlord revolt
Apprentice star Alan Sugar has joined the landlord-led revolt against Caffe Nero’s CVA, according to Sky News.