The UK hospitality sector has reached a total annual turnover of £102bn and a year-on-year growth of 4%, according to new Office for National Statistics (ONS) data published earlier this month. The data represents the first time that all businesses in the ‘Accommodation and Food Services Activities’ category have turned…
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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.
GBK has announced it is to enter a CVA this afternoon (24 October) following the appointment of Deloitte in September to oversee a restructuring of the business. In an announcement, Famous Brands, the South African restaurant chain’s owners said: “The CVA process has the objective to ensure financial viability and…
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Errant Brewery is to open in Newcastle despite National Rail fears that drinkers would be “putting themselves in danger”. The brewery will open under a railway arch at the city’s Forth Goods Yard, inviting drinkers to “high quality” tasting sessions on Saturdays. The tasting sessions led to National Rail issuing…
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An analysis of Office of National Statistics (ONS) employment data from 2018 by luxury hospitality recruiter The Change Group showed a 17% drop in the total number of chefs reported to be working in the UK compared with the same time period in 2017. Overall, the data indicated the number…
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Southern based multiple operator, S.I. Leisure. has taken on a second pub with Star Pubs and Bars, The Fox in Steventon, Oxfordshire, and is undertaking a joint £280k refurbishment. This latest venture brings the total number of pubs within the S.I. Leisure estate to five, which is run by Ian…
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Kentucky-based Limestone Branch Distillery has announced it is bringing its Yellowstone Select Bourbon and Minor Case Rye Whiskey to the UK this October. Named after the Yellowstone National Park, award-winning Yellowstone Select Bourbon is a small batch of four and seven-year aged straight Kentucky bourbon whiskey made with locally grown…
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Sunny weather in September again proved good news for Britain’s managed pubs, with collective like-for-like sales up 1.9% on the same month last year, according to latest figures from the Coffer Peach Business Tracker. However, restaurant chains had another tough month with like-for-like trading down 0.2% compared with the same…
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Crisis-hit cafe chain Patisserie Valerie has been saved from collapse after entrepreneur Luke Johnson offered the company a rescue plan with two loans of up to £20m. Johnson, who owns a 37% stake in the company, has committed to a bridging loan of up to £10m to help the company…
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High street bakery Patisserie Valerie has warned that it could be forced to close unless it receives an “immediate injection of capital”. This news comes just a day after it temporarily suspended trading and suspended its CFO Chris Marsh from his role while it investigated “potentially fraudulent” accounts. The company…
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Bar and nightclub operator Deltic Group has expressed its “surprise” at the announcement that Revolution Bars Group would be terminating discussions to acquire the company. On 7 September 2018, it was confirmed that Revolution Bars Group was in the “preliminary stages” of considering an acquisition of the rival nightclub operator…
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