The British Retail Consortium (BRC) has welcomed news that the Payment Systems Regulator (PSR) will carry out a market review into card-acquiring services due to an “alarming increase in card fees and charges”. Andrew Cregan, policy adviser at the BRC has welcomed the review, and said it comes at a…
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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.
Business owners and restaurant staff will be shutting Chinatown down for five hours to protest an immigration raid which happened on 5 July and resulted in a deaf and mute woman being taken to hospital. The walk-out has been organised the London Chinatown Chinese Association (LCCA) which said that immigration…
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Celebrity chef Nick Nairn has closed his Aberdeen-based Pizza Bar business which opened in 2016, resulting in the loss of five full-time jobs. The business has been placed in the hands of administrators who described the restaurant as “no longer commercially viable”. Chef Nairn said: “I had always wanted to…
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The UK’s top 100 takeaway businesses have seen a 10% increase in turnover from £2.7bn from £2.46bn in the past year, research from credit broker Funding Options has found. Furthermore, profits at the UK’s top takeaway businesses have risen from £160m to £180m, a 13% increase. In contrast, the UK’s…
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Slug and Lettuce owner Stonegate Pub Company has purchased Be At One in a takeover worth £50m. Stonegate has also announced the acquisition of 15 new sites from Novus Leisure, these include London pubs The Gable, Abbey Bar, and The Forge. The deal will see 48 new sites added to…
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Gaucho has announced it has closed its Cau chain, cutting 540 jobs as it enters a Company Voluntary Agreement (CVA). Deloitte has been appointed by the steak firm to lead the firm through the administration process. Cau was described by Deloitte as “significantly loss-making” after three consecutive years of falling…
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A survey of shift workers in the retail, hospitality and leisure industries has found staff to be overstating their working hours by an average of almost half an hour a week. Staff rota scheduling firm Rotaready, which conducted the survey, said these ‘phantom hours’ are costing UK businesses as much…
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Catering firm Sodexo has won a 10-year, £6m per annum contract with Coventry University to supply catering and hospitality services. From September, the company will take over all the catering, food retail and hospitality services on the university’s campuses in Coventry, London and Scarborough, delivering services to almost 30,000 students…
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Purchasing group Equinoxe Solutions has appointed Mark Aylwin as its new chairman. Aylwin has been in the food and drinks industry for more than 35 years, having served on the Boards of Booker Group, Blueheath, Conviviality, Musgrave GB and Safeway. He has also made an equity investment in the business…
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Britain’s pubs enjoyed a mini sales boom in June thanks to the hot weather and the start of the World Cup, the latest figures from the Coffer Peach Business Tracker have confirmed. While managed pub and bar groups saw collective like-for-like sales rise 2.8% against last June, restaurant groups suffered…
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