Collective like-for-like sales were up 2.5% across pub, bar and restaurant groups over Christmas, according to the latest Coffer Peach Business Tracker. In the six weeks ended 5 January, trading was positive across all parts of the industry. Restaurant chains saw a 2.3% uplift in like-for-like sales, while managed pub…
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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.
Optimism in the hospitality sector is at an 18-month high, according to the latest Business Confidence Survey from the CGA and Fourth. The quarterly survey of business leaders across the UK pub, bar and restaurant sector showed that 44% of respondents were optimistic about the market for the coming year. …
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The number of businesses waiting for challenges over soaring business rates to be resolved has jumped by more than a third in just three months, according to new figures issued by HM Revenue & Customs (HMRC). The figures revealed the number of outstanding challenges has increased by 35% fuelling concerns…
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The UK’s top 100 restaurants made a £93m loss in the last year, down from a profit of £37m 12 months ago, according to research from UHY Hacker Young. Peter Kubik, partner at the accountancy firm’s London office, said the restaurant sector in the UK is still suffering from the…
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Mexican fast-food chain Chilango has announced it is restructuring talks with accountancy firm RSM, which has been drafted in to discuss “options” for the business. RSM said Chilango has “engaged” the firm to assist on working on long-term planning, options and strategy, and a spokesperson added: “All further enquiries should…
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The Laundry has officially opened its doors at the Walton Lodge in Brixton. Owner Melanie Brown has teamed up with chef Dylan Cashman, has opened the bistro and wine shop, which will serve baked goods in the morning to brunch to dinner with cocktails. Brown has previously worked as a…
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Just Eat has reported a 25% increase in revenues to £248m in the three months to 30 September 2019. Its UK orders increased by 8% to 33 million, driven by rapid growth in its delivery proposition, which is now present in all key zones. Group orders also increased by 16%…
Read More » Consumer spending on restaurants and hotels has decreased by 0.7% in Q2 2019, according to a new report from the ONS. Its Consumer Trends report for the second quarter has revealed the figures to be the biggest negative contributor to economic growth in the UK. In Q1 and Q2 combined,…
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The accommodation and food services industry will be amongst the most disrupted as a result of Brexit, according to the latest UK Powerhouse study by law firm Irwin Mitchell and the Centre for Economics and Business Research (CEBR). The report’s ‘Brexit Disruption Index’ analyses which industrial sectors will be affected…
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Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation by the real estate adviser Altus Group revealed that, during the last financial year, for 2018/19, over 78,000 non-domestic properties from shops to restaurants to pubs to factories to offices…
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