UK’s accelerated shutdown to stem spread of coronavirus

Social Shutdown pubs, Restaurants,  Cinemas, Theatres, Gyms, Spa ordered to close Mr. Johnson urged the public to stay at home as far as possible and think very carefully before visiting relatives on Mothering Sunday tomorrow .and said “bit by bit, day by day, your actions, your restraint, and your sacrifice, we are putting his country…

Just Eat-Takeaway merger in doubt

The UK’s Competition and Markets Authority have launched a last minute review into Takeaway.com and Just Eat’s £6bn merger, throwing one of the UK’s biggest tech deals in recent years into doubt.  The probe follows a months-long review of Amazon’s planned minority stake in Deliveroo, Just Eat’s biggest rival . Both cases are investigated on…

World Vegan Day 2019

World Vegan day is on November 1st. The Vegan Society says half of all vegans are now aged between 15 and 34 and more adults have switched to a plant-based diet in the last three years. Veganism actually existed more than two hundred years ago in1874. Towards the end of World War II, Donald Watson…

JAB Holding to raise £8bn from investors

The investment company behind Keurig Dr Pepper, sandwich chain Pret A Manger,  Krispy Kreme Doughnuts,  JAB Holdings, Caribou and Peet’s coffee, Einstein Bros Bagels who are aiming to  raise as much as  £6.5bn ($8bn) from investors to further its multi-year acquisition spree in the consumer sector. The company which manages the fortune of Germany’s billionaire…

FINDING “BUDGET” GOOD FOOD IN LONDON

Rio’s Piri Piri at 112 Lisson Grove London NW1 6UL opened on April 5th this year and is the third branch in London joining Croydon and Wembley. There are eleven more outside the London area. Rio’s Piri Piri branches first opened in 2015.  Affiliated with Deliveroo Just Eat and Uber Eat, with a minimum order…

Rapid expansion of OYO

OYO, a fast-growing Indian hotel chain backed by Softbank, is investing  £1.6bn ($2bn) to triple 25-year-old Ritesh Agrawal, the founder’s stake to 30 percent from 10 per cent  in the  company  while light speed and Sequoia, its US backers partly cash out. The share buyback pushes OYO , the World’s third-largest hotel chain behind InterContinental…

Slug & Lettuce to buy 4000 pubs in £3bn Ei deal

The takeover of the Ei Group will add  4000 new publs to Stonegate Pub company’s ( owner of Slug & Lettuce) 765 existing locations .  Simon Longbottom, CEO of Stonegate is owned by the Cayman Island registered private equity group TDR Capital  said that although the deal  ” slightly dwarfs what we’ve done before  the…

Just Eat Consumes Uber Eats

Just Eat has strengthened its board by poaching  Jambu Palaniappan, ex-head of Uber Eats in Europe, the Middle East and Africa. They hope to satisfy activist investors who say the food delivery firm should be  sold. Online takeaway firm Just Eat’s new executive director Jambu Palaniappan, from Tech Investment firm Atomico, Mike Evans, chairman of…

Patisserie Valerie five people arrested

Five people have been arrested and questioned over alleged accounting fraud at the Patisserie Valerie chain according the Serious Fraud Office. The arrests took place last Tuesday, 18 th June 2019, in a joint operation with police, the SFO said. It took eight months after the firm’s former finance director Chris Marsh was arrested and…

World’s oldest vegetarian restaurant in the heart of Zurich

  Haus Hiltl’s century old tradition have introduced generations of Swiss and Europeans “ a gourmet temple of healthy indulgence”  combining Indian, Asian, Mediterranean and Swiss influence to make a rich ratatouille of vegetarian options beyond the usual potatoes, recognised by Guinness World Records. The restaurant’s downstairs you have informal pay-by-weight buffet and the first…