Richard Caring, the restaurant and clothing entrepreneur, has built a 3% stake in Carluccio’s. The Times. Financial Times

Caring, who also owns the Ivy, Le Caprice and the mid-price chains Belgo and Strada, is said to be keen on acquiring more restaurants.

Announcing an 148% rise in profits, Carluccio's said it plans to open about five outlets a year until it has a portfolio of 100 venues, up from 29 at present.