Comment
The latest comment and opinion, from industry figures and the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Feb- 2020 -18 February
HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’
HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results. Profits have fallen by 33% year on year and that is before the impact of the coronavirus can even be fully measured in Q1 and the months to come. The…
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14 February
German stagnation, Javid out, RBS gets environmental, Norton no-show
The German economy has stagnated due to significant falls in spending and exports. New figures show that GDP ‘flat lined’ (financial jargon for neither growing nor contracting) in the final quarter of 2019, bad news since economists and analysts had hoped that it would grow about 0.1%. It means Germany’s…
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12 February
Parasite boosts Spanish crisp sales
Now that’s the kind of headline journalists like to write. But unfortunately, now that you’re reading the article, the subterfuge must be exposed. We’re not talking about parasites that look for hosts, and we’re not talking about infected food. Instead we’re talking about the Korean movie sensation that just won…
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11 February
Yes, the trade barriers are coming
I think both Leavers and Remainers probably expected this in the long run – Michael Gove announced yesterday that businesses should “accept” that frictionless trade with the EU will be impossible whatever agreement is finally reached by the deadline of 31 December this year. This is the cost, he says, of making…
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10 February
Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold
A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend every day providing updates on it, but it is worth noting quickly that there is likely to be some worldwide economic turbulence due to the latest developments. A slew of…
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10 February
From market stalls to brick walls: how pop-ups are riding the bricks-and-mortar wave
Ka Pao With a name and menu that packs a punch, Ka Pao is Glasgow’s latest permanent resident. The new restaurant and bar features the same team who opened rustic Glaswegian site Ox and Finch back in 2014, a restaurant that has garnered much critical acclaim in the city. The…
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5 February
Tesla, Macy’s and organic food: serious change is afoot
Sometimes change is sudden and surprising, but sometimes it bubbles away under the surface for decades before making a serious impact, and in today’s roundup I have a few examples of the latter to highlight. First, there is Tesla. The firm led by billionaire space-AI Elon Musk has long been…
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4 February
From barrister to restaurateur: Nisha Katona on her Indian street food chain
“I was a child protection barrister for 20 years but always with a completely blinding passion and obsession for the food of my ancestors – which is home-style Indian food,” says Nisha Katona, founder of Indian street food chain Mowgli. Katona started her restaurateur journey because she realised that a…
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4 February
Opening a new business: How to avoid the pitfalls
A new year brings new opportunities and for many businesses the attention turns to taking the next step or making a fresh start with a new business idea. It may be a necessary next step for a business to bring its popular products to a new area or for an…
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3 February
What’s Nissan driving at with Brexit plans?
Now that the technical aspect of leaving the EU has happened on paper, we are into the implementation period, but the negotiations will soon get going once again. The pound fell today as in a speech which actually overlapped Michel Barnier’s opening salvo with competing coverage, Boris Johnson reiterated his…
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