A recent string of restaurant closures associated with chef Victor Garvey has revealed the potential for improvement in the wine trade to avoid being stung by rogue actors.
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Every Monday I look forward to the weekly email from TEN popping into my inbox. TEN is a strategic leadership consultancy founded by William Montgomery, a former navigating officer of HMS Ark Royal and Head of Strategic Change at Lloyds TSB.
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Research undertaken by Lumina Intelligence suggests that the UK restaurant market will grow by 1.3% in 2024, reaching a total value of £19.0 billion.
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A spokesperson for Vagabond Wines, the popular ‘self-pour’ wine bar chain founded by Stephen Finch in 2009, has confirmed the business will continue to trade as usual despite running into financial difficulties.
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Mounting debt for operators who’ve had no choice but to take on huge government-backed loans to stay afloat is creating an untenable pressure cooker situation for the trade, hospitality owners have said.
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