Category : Search result: rising rent costs


Upscale restaurant reveals tiny profit margins

A celebrity chef's Chicago steakhouse reveals a mere 5% profit margin on a £400 meal, highlighting soaring beef prices and post-pandemic costs for UK restaurant owners to note.

US BBQ Chain Ray Ray's Files for Bankruptcy

Beloved US barbecue chain Ray Ray's Hog Pit has filed for Chapter 11 bankruptcy, closing half its locations. Rising food costs squeeze comfort-food staples nationwide. Read the full story.

Andrew's £3.1m Royal Rent Scandal Exposed

An investigation reveals the Duke of York paid a 'peppercorn rent' of £1,600 a month for a lavish St James's Palace apartment for his daughters, saving millions. MPs are now probing all royal property deals.

MPs probe royal 'peppercorn' rents after Andrew scandal

The fallout from Prince Andrew's eviction has triggered a parliamentary inquiry into the low-cost rents paid by other royals on Crown Estate properties, exposing a potential crisis for the monarchy. Read the full investigation.

MPs Launch Probe into Royal Family's Property Deals

MPs launch a sweeping inquiry into royal property deals after outrage over Prince Andrew's 'peppercorn' rent. The probe will examine arrangements for the Waleses and Edinburghs. Have your say in our poll.

M&B profits jump 20% despite £130m cost pressures

Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth, but warns of £130m cost hit from wage and food inflation. Discover how the pub giant plans to navigate challenges.

Man lives in hotel as it's cheaper than rent

A partially disabled man reveals living permanently in a Berkshire hotel saves him money on 'astronomical' rent and bills. Discover his cost-effective solution to the UK housing crisis.

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