
Rudy's and Albert's Schloss operator Mission Mars gains new majority owner
Artal-owned Fynveur has bought control of the 44-site group, giving long-standing investor BGF a full exit and keeping chief executive Roy Ellis in charge.

Artal-owned Fynveur has bought control of the 44-site group, giving long-standing investor BGF a full exit and keeping chief executive Roy Ellis in charge.

Casual dining site numbers fell 2.2% year on year, while hotels and holiday parks recorded growth, according to NIQ's Hospitality Market Monitor.

The East London Indian restaurant, which moved to Royal Albert Wharf five years ago, says the closure is not a permanent goodbye but has yet to give details of its next venture.

Chancellor John Healey's 28 October Budget extended rates relief for small retail, hospitality and leisure premises and confirmed a 3.9% wage rise, but brought no VAT or employer National Insurance relief.

Employment law firm Citation is advising operators to revisit risk assessments, name customers and other outsiders in policies, and give managers clear reporting procedures.

Voodoo Ray's Limited appointed a liquidator on 15 October, leaving the future of its Dalston restaurant unclear even though the brand's website still lists it as open.