Consumer spending grew by 2.5% year-on-year in April, as milder temperatures encouraged Brits to go out and spend, despite ongoing struggles in the retail sector. According to data from Barclaycard, spending in pubs and restaurants reached double-digit growth of 13.1% and 10% respectively – as Brits made the most of…
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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.
New research has revealed that an estimated 17 million people in Britain have stolen tableware – glasses, cups, napkins, cutlery, condiments – in their homes. Catering equipment supplier Nisbets uncovered the results following a survey in which 1,000 respondents were asked about their attitudes towards stealing such items from bars…
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London councils including Camden, Westminster and Islington are set to ban ice cream vans from operating on roads within the boroughs in order to cut down on air pollution. Most ice cream vans run on diesel fuel, releasing high levels of black carbon, a substance which scientists claim can stunt…
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Hospitality group, Whitbread has announced a 40% drop in profit in its first set of full-year results following the sale of Costa Coffee to Coca-Cola. Whitbread blamed Brexit uncertainty and weak UK hotel demand at its Premier Inns brand for the slow growth figures. Without the effects of the Costa…
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The Three Chimneys restaurant on the Isle of Skye has been sold for the first time in 34 years. Prior to its sale to Gordon Campbell Gray’s Wee Hotel Company, the restaurant had been run by husband and wife team Shirley and Eddie Spear for over three decades. Both the…
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SME credit specialist, Caple has announced it has provided wholesale distributors of food equipment, Sephra with a £500,000 five-year unsecured loan. Sephra has used the loan to purchase the intellectual property of its branded products, previously held by a US company, and expand into new markets. As a result, Sephra…
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Drones will be a feature of the delivery channel in Britain within five years, global information company the NPD Group has predicted. The company said delivery was changing the shape of British foodservice with food orders being the industry’s fastest-growing channel and its extensive use of technology making it the…
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During the 2018 calendar year, a total of 914 pubs closed down according to real estate advisor Altus Group’s annual business rates review, which is set to be released this week. On 1 January 2019 the total number of pubs in England and Wales, liable for business rates, fell to…
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Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 3.8% in March compared to the same month last year, when trading was hit badly by the effects of the ‘Beast from the East’, latest figures from the Coffer Peach Business Tracker show. London, which was hit worse than…
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Vegans are spending the most money when they go out to eat, with diners spending up to £37.55 on the average meal. That’s £9.43 (33%), a third more than vegetarians (£28.12) and £14.88 (65%) more than those with no dietary requirements at all (£22.67). Caterer.com, the UK hospitality jobs board,…
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