Hotel Indigo London Clerkenwell’s design thoughtfully reflects the neighborhood’s heritage, drawing inspiration from local architecture, craftsmanship, and artistic influences.
The planned openings for 2025 will span major cities, including Birmingham, Leeds, Bristol, Manchester, Liverpool, London, and Scotland, and will feature a variety of formats such as eat-in restaurants, drive-thrus, and delivery kitchens.
A potential IPO would mark a major milestone for Pret, offering the company access to new sources of capital to fuel further expansion, invest in technology, and enhance its sustainability initiatives.
The investment will also support KFC’s supply chain, benefiting key partners such as Pilgrim’s Europe (chicken supplier), McCormick (gravy producer), and Nature’s Way (salad growers), with £404 million (US$546 million) allocated to strengthening these supplier relationships.
Despite this positive momentum, Mitchells & Butlers anticipates a £130 million (US$176 million) increase in costs for the full year, primarily driven by rising labor expenses and expected surges in food prices, notably meat.
The company aims to leverage its proven success in Australia, where it has helped thousands of restaurants increase revenue and reduce waste, to establish a strong foothold in the UK’s diverse and fast-growing dining market.
A key feature of the investment is the integration of energy-efficiency measures to improve the sustainability of pubs.
The store offers both indoor and outdoor seating, providing a comfortable setting for customers to enjoy their drinks and baked treats.
Nine of the newly acquired properties were formerly part of the Hotel Campanile portfolio and are spread across key business and leisure destinations including Birmingham, Bradford, Dartford, Leicester, Liverpool, Manchester, Northampton, Milton Keynes, and Swindon.
The company attributed this performance to a combination of economic and competitive challenges that affected consumer behaviour throughout the financial year.