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...But Martin Williams, chief executive of Rare Restaurants, owners of steak chain Gaucho, said this year was different....
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...Martin did not mention inflation in his statement, despite it having cut into pub groups’ cost base....
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...Overall, like-for-like sales at British restaurants were up 2.5 per cent in March, compared with the year before, according to CGA — but Martin said this headline figure masked how “mainstream, family-driven...
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...Martin Williams, chief executive of Rare Restaurants which owns the Gaucho steak chain, is a mixture of bullish and cautious....
...and Serbia 200th day of the Hamas-Israel conflict after Hamas launched an attack on Israel on October 7 last year UK: 100th anniversary of both the first radio broadcast by a British monarch, George V...
...But Martin welcomed official projections that “inflation is on the wane, which will certainly be of great benefit, if correct”....
...“Inflationary pressures in the pub industry . . . have been ferocious, particularly in respect of energy, food and labour,” said Tim Martin, Wetherspoons’ founder and chair....
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...Yes, probably,” said Martin. “Some [of the sales] are slow but overall they are moving at a reasonable pace....
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