Pub chain Oakman Inns has reported a 6.8% growth in like-for-like sales, with the group recording a total growth of 22.2% for the year. Growth has continued into the new financial year as the pub chain saw it up 5.2% over the first seven weeks. Oakman Inns CEO Peter Borg-Neal,…
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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.
A group of private equity firms are attempting to purchase Costa Coffee, despite owner Whitbread’s desire to float it on the stock market. The Press Association said that it understood Whitbread had been approached informally over a buyout of the firm. Despite potential interest from elsewhere Whitbread is continuing plans…
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According to new research three quarters of recruiters see no value in the apprenticeship levy. The research conducted by the Association of Professional Staffing Companies (APSCo) also found that fewer than half are currently using their levy funds, or planning to do so in the next 12 months. Samantha Hurley,…
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Atalian Servest has announced that it has made a double acquisition, both The Unique Catering Company and Thermotech. The company’s first acquisitions since the merger between Atalian and Servest will see its portfolio strengthened in both the contract catering sector and under the Arthur Mckay group with the acquisition of…
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With the arrival of General Data Protection Regulation (GDPR) businesses who mishandle personal data will leave themselves open to a fine of up to £17.5m. Research by information management company EDM Group found that 76% of UK businesses say a large amount of mail and communications are incorrectly allocated due…
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Waiting staff at TGI Fridays in Milton Keynes are to strike today over a new plan to share tips with kitchen staff. Workers union Unite has said staff could lose up to £250 per month when the new rules are introduced. Dave Turnbull, regional manager at Unite said: “TGI’s outrageous…
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New research has found that 84% of London restaurants would be forced to close or move away from the capital should rent rises continue. The survey also found that 90% of owners believe rent rises would make their businesses “unmanageable”. The survey carried out by property company Cedar Dean Group…
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Bob’s Lobster, Comptoir Libanais and Greggs are among some of the food retailers set to be added to London Bridge station’s offerings in the coming months. Independent retailer Bob’s Lobster will be one of the first to open its doors in late May. The seafood specialists will make London Bridge…
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Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary agreement (CVA). As many 103 UK sites are also set to “exit” as part of restructuring at the company. The CVA, yet to be approved by creditors will see the…
Read More » Italian restaurant chain Carluccio will issue a statement this afternoon regarding rumours of a potential company voluntary agreement (CVA), Catering Today can reveal. Accountancy firm KPMG is rumoured to be overseeing the restructuring of the business and did not deny the rumours when asked by Catering Today. The work would…
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