Indeed David,they have closed all the former Rocket and Fuel pubs.Seems like a bit of financial opportunism to me,surely you don’t close the whole lot without consideration for individual performance.The Restaurant Group represents all that is wrong with the casual restaurant sector.They are mainly into fast food like Frankie and Benny’s,and Wagamama.They have just closed Chiquitos with the loss of 1500 jobs.The are run by venture capitalists and accountants,with no love for food,and almost exclusively staffed by cheap immigrant labour.Pity the former owners of Rocket and Fuel did not have a bit more of a conscience.A lot more of these chains will take the opportunity to exit at this time,Carluccios have just called in the administrators.Generally no loss at all,and hopefully after the fallout more genuine,caring establishments will emerge.
Peter Cozens ● 2413d