"It's great, this way we save money making our own lunch."
"If only food prices weren't soaring."
RollOnFriday has been told that Ince is set to acquire Child & Child. But on the other side of the balance sheet, the firm is closing its in-house café as it looks to save some cash.
A source told RollOnFriday that Ince Gordon Dadds is "finally" buying Child & Child and that an announcement would be made to the market shortly.
It is not the first time rumours of Ince's possible acquisition of Child & Child have done the rounds, and it remains to be seen whether the merger will materialise, as neither firm responded to a request for comment. Should the purchase go ahead, the correct name for the new firm would of course be Dadds Child.
In the meantime, a source reports that Ince has told staff it is closing its in-house restaurant to save money - replacing it with coffee machines.
Shuttering the dining facilities neatly precludes the kind of drama that caused such problems last year, when senior employees were accused of insulting a waitress at an off-site restaurant.
It’s a busy time for Ince. RollOnFriday revealed last month that the cash-strapped firm would be dropping its London office mid-lease, and warned staff there may be a gap before it finds replacement premises. The mid-lease exit remains the case, but the likelihood of staff working from home without alternative has receded: Ince has emailed staff informing them that it has agreed terms with its landlord to remain in Aldgate Tower for the next 18 months.
"As well as the substantial cost savings of this decision, the extra time to move will allow us to secure a more suitable long term space for our business growth," said the email. "Eliminating the need for us to work from home for any period, and allowing us a more timely and smooth transition in 2024."
The email added that the firm would "be making improvements to Aldgate Tower" for the remaining period (if a coffee machine replacing a café can count as an improvement). And signed off by announcing that it has commenced its search for a West End office, which it said was a "key" location for much of its London business.
If you're at Ince and know anything more about the proposed Child & Child merger, or are quietly fuming at the prospect of having to queue at Pret when the café closes, do get in touch.