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​Hostmore Seals Deal to Acquire TGI Fridays

​Hostmore Seals Deal to Acquire TGI Fridays

Posted by Emma on 22nd Apr 2024

TGI Fridays, an American casual dining staple, has faced years of hardship amid shifting consumer tastes. However, a recent acquisition deal by its largest franchisee, U.K.-based Hostmore, offers a … read more
​A Cup of History: The J. Lyons & Co. Story

​A Cup of History: The J. Lyons & Co. Story

Posted by Emily on 21st Apr 2024

J. Lyons & Co., founded in 1884 by Joseph Lyons and his brothers-in-law, Isidore and Montague Gluckstein, emerged from a tobacco business background. They made their first foray into the catering i … read more
​Cheon Fat's Sales Suppression Battle with HMRC

​Cheon Fat's Sales Suppression Battle with HMRC

Posted by Emily on 21st Apr 2024

Cheon Fat Limited, the operator of The Wok Inn, recently confronted HMRC in a first-tier tribunal (FTT) to dispute VAT and corporation tax assessments under section 455 of the Corporation Tax Act 2 … read more
​Why Keep a Cash Reserve

​Why Keep a Cash Reserve

Posted by Emma on 21st Apr 2024

The COVID-19 pandemic underscored the importance of maintaining a cash reserve for unexpected situations. A robust cash reserve provides flexibility, allowing your business to seamlessly navigate d … read more
​Understanding Gross Profit and Net Profit

​Understanding Gross Profit and Net Profit

Posted by Emily on 16th Apr 2024

Gross profit and net profit may seem like technical terms, but they are crucial in assessing your business's financial performance. Let's explore what each means and why it matters. What is Gr … read more
​Profit Margin vs. Markup: A Clear Distinction

​Profit Margin vs. Markup: A Clear Distinction

Posted by Emma on 16th Apr 2024

Profit margin and markup, though often confused, are distinct financial metrics crucial for effective pricing strategies. While both rely on revenue and costs, they serve different purposes in anal … read more
​The Rise and Fall of Little Chef

​The Rise and Fall of Little Chef

Posted by Emma on 14th Apr 2024

In 1958, the British roadside witnessed the birth of a beloved institution: Little Chef. The brainchild of catering mogul Peter Merchant and caravan manufacturer Sam Alper, this chain was inspired … read more
​A Wet Warning: The Urgent Call from UK Farmers

​A Wet Warning: The Urgent Call from UK Farmers

Posted by Emma on 10th Apr 2024

According to farming organisations, the UK's food production sector is under significant stress following a period of record-breaking rainfall. This unprecedented weather has severely impacted crop … read more
​Resilience of Meat Consumption in the UK

​Resilience of Meat Consumption in the UK

Posted by Emma on 9th Apr 2024

Despite evolving dietary preferences over the past five years, influenced by Covid lockdowns and escalating food prices, meat continues to be a central component of meals for many in the UK. Recent … read more
​Ofgem's Crackdown on Hidden Energy Fees

​Ofgem's Crackdown on Hidden Energy Fees

Posted by Emma on 6th Apr 2024

In a significant move towards enhancing transparency within the energy sector, Ofgem has announced the introduction of new measures to regulate energy brokers more effectively. This decision comes … read more
The Impact of New Import Common User Charge

The Impact of New Import Common User Charge

Posted by Emma on 4th Apr 2024

As the UK adjusts to its post-Brexit reality, the government's introduction of common user charges (CUC) for importing food from the EU has sparked widespread concern across the food industry. … read more
Episode 148: Jamie Russo's Story

Episode 148: Jamie Russo's Story

Posted by Emma on 2nd Apr 2024

In episode 148 of the Ceres Podcast, Jamie Russo, the young and dynamic owner of the Redcloak Fish Bar in Stonehaven, makes his debut appearance, sharing an insightful journey from worker to a … read more
​UK National Living Wage Increase 2024

​UK National Living Wage Increase 2024

Posted by Emily on 31st Mar 2024

In April 2024, the UK will witness a noteworthy rise in the national living wage, elevating it from £10.42 to £11.44 per hour. This adjustment extends eligibility to individuals aged 21 and 22, mar … read more
​Proposal to Extend National Living Wage to 18+

​Proposal to Extend National Living Wage to 18+

Posted by Emma on 28th Mar 2024

The Low Pay Commission (LPC) proposes a significant shift towards economic fairness by recommending that the government extend the National Living Wage eligibility to individuals aged 18, down from … read more
​Gail's Bakery CEO Refutes Sale Speculation

​Gail's Bakery CEO Refutes Sale Speculation

Posted by Emma on 26th Mar 2024

Tom Molnar, CEO and co-founder of Gail's Bakery, has clarified recent speculations about the company being put up for sale, labelling such rumours as 'inaccurate'. Despite a report from Sky News … read more
​Little Caesars Pizza Marks Its London Entry

​Little Caesars Pizza Marks Its London Entry

Posted by Emma on 26th Mar 2024

The American pizza chain Little Caesars has inaugurated its inaugural London branch in Greenford. Franchisee Rajan Sandhu leads this venture and follows closely after the brand's new outlet in Top … read more
​Whitbread Refocuses: Pubs Out, Premier Inns Up

​Whitbread Refocuses: Pubs Out, Premier Inns Up

Posted by Emma on 26th Mar 2024

Whitbread, owner of Premier Inn hotels, actively seeks to sell or repurpose approximately a third of its Beefeater and Brewers Fayre pubs. This decision emerged after evaluating the company's 400-s … read more
​McDonald's Exits Sri Lanka

​McDonald's Exits Sri Lanka

Posted by Emma on 20th Mar 2024

In a decisive move, McDonald's has ended its partnership in Sri Lanka, leading to the closure of all 12 outlets within the country, as confirmed by the company's legal representative, Sanath Wijewa … read more
​Brighter Days Ahead for Prezzo

​Brighter Days Ahead for Prezzo

Posted by Emily on 18th Mar 2024

Prezzo's financial landscape is looking up after a pivotal year. In 2023, the restaurant chain achieved profitability, a testament to its extensive restructuring efforts. This turnaround followed a … read more
​McDonald's Focus Shifts: Size Over Premium

​McDonald's Focus Shifts: Size Over Premium

Posted by Emily on 17th Mar 2024

McDonald's has determined that its customers prefer larger, more fulfilling burgers over premium options. CFO Ian Borden revealed at the UBS Global Consumer and Retail Conference that this approach … read more
​The Ultimate Japanese Curry with Ceres Sauce

​The Ultimate Japanese Curry with Ceres Sauce

Posted by Stelios on 13th Mar 2024

Japanese Curry is the ultimate comfort food, known for its unique blend of sweet and savoury flavours in a thick, delicious sauce. With Ceres Curry Sauce as your starting point, creating this … read more