A Bury St Edmunds coffee start-up is tapping into growing demand for British artisanal coffee in the Middle East by opening its first distribution hub in the United Arab Emirates (UAE), with support from the Department for International Trade (DIT). Launched in 2007 from managing director Scott Russell’s car boot,…
Read More »Business
The latest news and updates on the business of foodservice, from 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.
New research has found that back of house pay has increased while front of house pay has decreased over the last year. Average salaries for chefs and kitchen employees in London’s top eateries increased by 14.8% in 2018, according to an analysis of pay by luxury hospitality recruiter, The Change…
Read More »
Britain’s managed pub and restaurant groups saw sales slump in January after a strong Christmas, according to latest figures from the Coffer Peach Business Tracker. Collective like-for-like sales were also down 1.8% against the same month last year, a downturn from December’s 4.1% like-for-like increase on the same month in…
Read More »
Patisserie Holdings, trading as Patisserie Valerie, has sold its subsidiary company Baker and Spice to the Department of Coffee & Social Affairs for a total consideration of £2.5m. This follows the announcement of Patisserie Valerie being rescued from administration after it was sold to Irish equity firm Causeway Capital Partners.…
Read More »
Bakery chain Patisserie Valerie has been bought out of administration by Irish equity firm Causeway Capital Partners (CCP) for an undisclosed sum. The transaction was funded with investment from Causeway Capital and the new management of the business. Steve Francis will remain as the chain’s chief executive officer. Some 96…
Read More »
A Cornish pasty company looks to have reigned an age old row over the pastry item’s origins after its factory was bought out by Devon’s Torbay Council. Torbay Council bought the factory land for £3m in order to boost its finances through investment. Councillors in Cornwall are said to be…
Read More »
The average hourly pay of workers over 25 in the UK significantly fell from £8.55 in June to £8.18 in November, before plateauing at £8.16 in December and rising to £8.38 in January. According to statistics from software provider for the leisure and hospitality industry Fourth, this is the first…
Read More »
UK-based contract caterer Compass Group saw its organic revenue grow by 6.9% for the three months to 31 December 2018. The group attributed its growth to “strong levels of new business wins”, continued good retention rates. It also said the impact of the new UK Defence contracts and a “positive”…
Read More »
Two multiple operators have taken on Edinburgh pubs and are undertaking major investments with Star Pubs and Bars, part of a £960,000 investment in four pubs in the Edinburgh area in the first quarter of 2019. The Annfield and The Victoria are both having kitchens installed to enable them to…
Read More »
The Treasury Committee has launched a new inquiry into business rates to scrutinise how government policy has impacted high street businesses. The committee will examine how business rates policy has changed, including business rates retention, alternatives to property-based taxes, such as the proposed digital services tax. Nicky Morgan MP, chair…
Read More »