Tags: casual dining

Report: top 100 UK restaurant chains lost £82m in past year

Nearly half of the of the UK’s Top 100 restaurant groups are now loss making, according to accountancy group UHY Hacker Young. New figures published by the firm reveal that the top 100 restaurants made a loss of £82m in the last year, down from a pre-tax profit of £102m twelve months ago. Of the…

Independent restaurants cooking up a storm in UK cities

Looking at the challenges facing the casual dining sector, you could be forgiven for thinking that the whole restaurant market is struggling against the current headwinds. However, while many chains have halted previously aggressive expansion strategies, right now in the UK the independent restaurant scene is in fact buzzing with activity. The UK is not…

Colchester: “Brexit has delayed” new cinema complex

COLCHESTER’S long-awaited Northern Gateway cinema complex scheme has been delayed…by Brexit. A commercial property firm tasked with marketing the site next to Colchester United’s stadium said it has struggled to attract restaurants to take up units. Developer Turnstone Estates had originally said construction would start by the summer with the complex due to open late…