Spending in the food service market reached 63% of the level seen prior to lockdown in the last week of August, according to figures released by The NPD Group. The global information company’s statistics revealed that the government’s Eat Out to Help Out scheme helped give the industry an economic…
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The Business section on Catering Today delivers comprehensive coverage of the commercial landscape shaping the UK hospitality and catering industry. It reports on company performance, acquisitions, investments, market movements, and leadership changes across restaurants, pubs, and catering groups. With analysis of financial trends, growth strategies, and sector forecasts, Catering Today provides hospitality professionals with the intelligence needed to understand market dynamics and make informed business decisions in a competitive environment.
A group of hospitality professionals have launched a new platform to help “struggling” industry owners in a post-Covid-19 climate. Entitled ‘Hospitality Titans’, the programme aims to set up key events so members can network with peers, investors and innovators as well as listen to guest speakers and receive important industry…
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Bosporus, a turkish inspired restaurant is set to open in London’s Leicester Square this September. The restaurant, which was originally founded in Dubai in 2010 by GCS, also has six sites across Abu Dhabi and Egypt. The restaurant gets its name from the Strait, which runs through the centre of…
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More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job Retention Scheme coming to an end in October, according to new research from accountancy and business advisory firm, BDO. BDO’s monthly Rethinking the Economy survey of 500 medium-sized businesses across…
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Over 58,000 jobs in the Scottish hospitality sector are at risk, according to research carried out by The University of Edinburgh’s Business School. According to a new report, in collaboration with London-based fintech company Wiserfunding, 25% of hospitality businesses in Scotland could ‘‘go bust’’ post-lockdown without significant assistance. The university’s…
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Business leaders in the hospitality sector operating in London are calling on the government to help boost footfall in the capital. Over 90 hospitality business owners, experts and representatives signed a letter requesting that Prime Minister Boris Johnson and Mayor of London Sadiq Khan deliver a coordinated campaign to support…
Read More » The majority of UK consumers are still uncomfortable eating out, according to the latest EY Future Consumer Index. The latest figures come as the hospitality sector has called on the government to extend the Eat Out to Help Out scheme, which is set to end on 31 August. Despite the…
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Trade body Hospitality Ulster has called on the Northern Ireland executive to create a “financial rescue package” for staff and owners of traditional non-food pubs to avert mass redundancies and business closures as a new indicative date for reopening moves to 1 September. The organisation has stated that the call…
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Embattled sandwich chain Pret A Manger has reduced the working hours of its staff in a bid to retain jobs. It comes as the group’s sales are currently down 65% compared with pre-Covid levels. In London sales are down 80%, where the challenges are reportedly most acute. It said that…
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The Competition and Markets Authority (CMA) has approved Amazon’s 16% investment in Deliveroo, after finding that it will not “substantially lessen competition”. Under the deal, Amazon will acquire 16% of Deliveroo as the lead investor in a $575m (£438m) funding, which was first announced last year. At that point the…
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