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Charting the challenges facing the British on-trade

Published:  01 August, 2025

The closure of the three M Restaurant sites in London in May is, perhaps, as good a metaphor for the UK’s beleaguered restaurant trade as any. The first venue opened in 2014 as a big steak, big wine bling-fest for flush City workers, expanding with further venues pre and post Covid. It was plush, premium and successful. Now, following a huge rent increase from its landlord, it’s no more.

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