Growth of the luxury up-market segment in the restaurant industry and the role of London Stock Exchange Group

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This chapter explores how the luxury up-market segment of the restaurant industry remains stable even during challenging times, with wealthier consumers continuing to dine out. It also mentions the role of the London Stock Exchange Group in facilitating market operations.

Russia has succeeded in avoiding G7 sanctions on most of its oil exports, Poland is calling for less support for Ukraine, China’s answer to the World Bank wants to commit more money to climate, and the restaurant group, Big Mamma, is going global thanks to private equity.

Mentioned in this podcast:

Russia dodges G7 price cap sanctions on most of its oil exports

A tug of war in Poland and Slovakia

‘China’s World Bank’ plans to triple climate change lending by 2030

Big Mamma restaurant group sells majority stake to private equity

CREDIT: DW News - Poland says it will no longer supply weapons to Ukraine

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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