Restaurant Group photograph

Restaurant Group

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Stock price RTN
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HeadquartersLondon
United Kingdom
Ceo Andy McCue
Revenue686 million GBP (2018)
Net income6. 9 million GBP (2018)
Founded1987
Subsidiaries Frankie & Benny's
Chiquito
Date of Reg.
Date of Upd.
ID2166896
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About Restaurant Group


The Restaurant Group plc is a British chain of restaurants and public houses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Rick Stein defends £2 chip shop condiments charge

Rick Stein defends £2 chip shop condiments charge
Sep 13,2023 10:51 am

... Rick Stein s Restaurant Group, which owns a number of businesses in Cornwall and across the UK, charges £2 for condiments and dips in its Padstow chip shop to sit in...

Sainsbury's to close 200 cafes putting 2,000 jobs at risk

Sainsbury's to close 200 cafes putting 2,000 jobs at risk
Mar 2,2022 1:16 am

... It is currently working in partnership with the Boparan Restaurant Group on the project...

UK retail sales fall in December amid Omicron spread

UK retail sales fall in December amid Omicron spread
Jan 21,2022 12:57 pm

... On Friday, The Restaurant Group, whose operations include Wagamama, Frankie & Benny s, and food kiosks, said that despite the lifting of Plan B restrictions " consumer confidence may take longer to recover"...

The robot chefs that can cook your Christmas dinner

The robot chefs that can cook your Christmas dinner
Dec 20,2021 3:50 am

... " One Restaurant Group that already uses a robot for all its cooking is French pizza mini-chain Pazzi...

Inflation: Food price rises are 'terrifying', warns industry

Inflation: Food price rises are 'terrifying', warns industry
Oct 19,2021 6:42 pm

... " I expect further inflation in January Des Gunewardena, chief executive of high-end Restaurant Group D& D London, says his business has seen half of its costs rise, including surging energy prices...

Coronavirus: Restaurant bosses in plea to PM for help

Coronavirus: Restaurant bosses in plea to PM for help
Jun 16,2020 3:21 am

... Last week, the owner of Frankie and Benny s Restaurant Group, became the latest big name, the restructuring, the announcement that the 3,000 job cuts and 125 caps...

Coronavirus: evening update PM more lock announces and economists voice-fear of recession

Coronavirus: evening update PM more lock announces and economists voice-fear of recession
Jun 10,2020 8:12 pm

... The Restaurant Group, which owns the Frankie and Benny s chain, as well as a Retailer Monsoon Accessorize and Quiz announced-major, structured with job losses out of a total of 3,600...

Frankie and Benny's owner to cut up to 3,000 jobs

Frankie and Benny's owner to cut up to 3,000 jobs
Jun 10,2020 10:59 am

...The Corona-Virus pandemic has claimed a further 3,000 UK jobs after the Restaurant Group confirmed plans to shut down 125 of its stores...

Coronavirus: Restaurant bosses in plea to PM for help

Jun 3,2020 8:03 pm

Many Pret stores have already adapted again, with stores for social distancing

bosses in The Restaurant and Food Chains , including Wagamama and Pizza Hut have warned the Prime Minister of the sector of mass reduction without additional help.

In a letter to Boris Johnson , supported by 90 companies, they say that, if social distance remains, you need action on taxes, rent, and other support.

Without further help, in the sector of "serious damage", the companies say.

Deliveroo organized The Letter , among restaurants, including Itsu and Pret A Manger signed by his partner.

The company, which together represent More Than 1,000 outlets, praised the government measures already introduced, but said, more "rapid action" is needed, while the two-Meter separation requirements remained in place.

The government has commissioned a comprehensive review of the two-Meter rule, the would said the Prime Minister 's official spokesman on Monday "consider the findings on the transmission of The Virus in different environments, incidence rates, and international comparisons". The Ministers have

In The Letter , The Letter heads: "help, Without government support, to generate restaurants, revenue and cost tens of thousands of restaurants can be forced to permanently close their doors in The Coming months.

"This crisis is long from over, and the possible consequences are deeply worrying. A large number of restaurants across the country are facing the prospect of insolvency. "

The company's own stores in the UK, but are likely to re-open it at different times. In Northern Ireland , restaurants, and cafes re-open from 3. July, and in England The Day after. The Scottish Government has shown a step closer to pubs and restaurants re-opening, but it is not a date. There is no date for Wales.

signatories

count: The Action , including the drastic reduction in VAT on restaurant food and the maintenance of The Job Retention System for restaurants, and social-distancing measures are in place.

Permanent closures

The chains also want to "mortgage holiday" for the landlord, so that this be passed on in the form of lower rent, and an extension of the moratorium on evictions for as long as social distancing-avoid measures that restaurants operating at full capacity.

A government spokesman said: "We Are working closely with the hospitality to open the safe routes to restaurants, bars and cafes, as soon as we can starting in July.

"These businesses can continue to access our comprehensive package of support, including our own, The Job retention scheme" has been extended until October - that means it will have been open for eight months and will continue to support businesses as the economy opened up again, and the people back to work. "

The spokesman also pointed out that this is in addition to the 100% business rates holidays, loans, and tax deferrals.

Many of The Restaurant chains were in trouble in front of the coronavirus lockdown, which is only exacerbating the pressure. Last week, the owner of Frankie and Benny's Restaurant Group , became the latest big name, the restructuring, the announcement that the 3,000 job cuts and 125 caps.

A recent survey by Deliveroo found, More Than half of small and independent restaurants have said they would close within three months without other support. to help

"Without government support, to restaurants, to generate revenue and the costs, tens of thousands of restaurants can be forced to permanently close their doors in The Coming months," it said.

The signatories pointed out that in the past year, £40bn Spent in restaurants, the support of a million employees.

Kate Nicholls , chief executive of the trade and industry body UK hospitality, said to have been closed: "Household name-brands on every High Street and many of the lockdown will be working well below capacity even.

"if these proposals of Deliveroo and your partner-show restaurants, in the restaurants, support the government urgently need, so that you can help restore economies to build up and give the people the necessary joy. Without you, some of these will permanently close and jobs are Lost . "



restaurants, deliveroo, restaurant group, social distancing, companies

Source of news: bbc.com

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