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Cyrus and Pervin Todiwala’s Café Spice Namasté to close after three decades ahead of ‘new venture’
Cyrus and Pervin Todiwala’s London restaurant Café Spice Namasté is closing after three decades as its owners prepare a new venture whose details have not yet been announced.
Cyrus and Pervin Todiwala’s London restaurant Café Spice Namasté is closing after three decades as its owners prepare a new venture whose details have not yet been announced.
Source: Restaurant Online · Originally published: 2026-10-28T10:57:29.856Z
Disappointing Budget for hospitality as pleas for lower VAT fall on deaf ears
The UK Budget increased the business-rates relief threshold for small hospitality premises in England but left the sector’s requests for lower VAT and employer National Insurance unanswered.
The UK Budget increased the business-rates relief threshold for small hospitality premises in England but left the sector’s requests for lower VAT and employer National Insurance unanswered.
Source: Restaurant Online · Originally published: 2026-10-28T14:36:50.95Z
Future of Voodoo Ray’s in doubt after operator enters liquidation
Voodoo Ray’s Limited has entered creditors’ voluntary liquidation, leaving the future of its Dalston pizza restaurant unclear despite its website continuing to advertise opening hours.
Voodoo Ray’s Limited has entered creditors’ voluntary liquidation, leaving the future of its Dalston pizza restaurant unclear despite its website continuing to advertise opening hours.
Source: Restaurant Online · Originally published: 2026-10-28T15:36:32.714Z
AEW UK REIT maintains 2p dividend for 44th consecutive quarter
AEW UK REIT maintained its quarterly dividend at 2p per share for the 44th consecutive quarter as its net asset value edged down to £170.5 million at the end of September.
AEW UK REIT maintained its quarterly dividend at 2p per share for the 44th consecutive quarter as its net asset value edged down to £170.5 million at the end of September.
Source: Property Week · Originally published: 2026-10-28T10:29:51+00:00
UAE investor agrees £40m Hotel Indigo Kensington deal
An unnamed UAE investor has agreed to buy the 100-room Hotel Indigo Kensington in London from Cairn Hotel Group for £40 million, with completion approaching.
An unnamed UAE investor has agreed to buy the 100-room Hotel Indigo Kensington in London from Cairn Hotel Group for £40 million, with completion approaching.
Source: Property Week · Originally published: 2026-10-28T09:33:34+00:00
Bleak housing market forecast from Office for Budget Responsibility
The Office for Budget Responsibility warned that higher landlord taxes could constrain rental supply and push up rents while forecasting modest house-price growth amid mortgage and income pressures.
The Office for Budget Responsibility warned that higher landlord taxes could constrain rental supply and push up rents while forecasting modest house-price growth amid mortgage and income pressures.
Source: Estate Agent Today · Originally published: 2026-10-28T13:59:37+00:00