News
The latest industry news 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.
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Sep- 2024 -25 September
Punch Pubs acquires further 14 pubs
Punch Pubs and Co. has announced the acquisition of the Milton 1 and 2 portfolio from real estate investment company Aprirose, adding a further 14 pubs to its 1,300-strong estate. The newly acquired pubs, currently operated by Blackrose Pubs, will benefit from Punch’s commitment to investment and development. This is…
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25 September
Tortilla H1 revenues dip following change to delivery strategy
Tortilla has revealed that revenues for the first-half period to 30 June fell from £32.7m to £31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision in the first quarter to condense to a dual delivery partnership – ending its ties with Deliveroo. This move culminated in an…
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25 September
CAMRA appoints new chairman
The Campaign for Real Ale (CAMRA) has announced the appointment of Ash Corbett-Collins as new chairman. Vice chairman since last November, Corbett-Collins is a “long-standing” national executive member who was first elected to the board of the campaign in 2018. Previous chairman Nik Antona stepped down due to ill health…
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24 September
Today’s news in brief – 24/09/24
D&D London is in talks to rescue the UK operations of TGI Friday’s, Sky News has reported, following the collapse of its UK parent company Hostmore last week. Industry sources told Sky the deal was likely to see the new owners taking over the majority of its 89 sites, despite…
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24 September
D&D London owners in talks over TGI Friday’s rescue deal
Breal Capital and Calveton, owners of D&D London, are reportedly in talks over a bid to rescue the UK operations TGI Friday’s, according to Sky News. TGI Friday’s UK parent company Hostmore fell into administration last week (19 September). Industry sources told Sky the deal was likely to see the…
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24 September
Newcastle’s Landmark Oriental restaurant looks for new owners
Landmark Oriental, a restaurant and bar in Newcastle upon Tyne, has recently hit the market. Occupying a “prominent” position on Stowell Street, also known as China Town, Landmark Oriental is positioned amongst an established drinking and dining circuit, and the long-established business is considered a “household name” in the city…
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24 September
Five Guys European sales surge £90m in 2023
US burger chain Five Guys has reported that sales at its European arm rose by more than £90m to £542.9m for the year to 31 December 2023. According to the group’s accounts with Companies House, pre-tax losses were also reduced from £35.6m to £16.2m over the same 12-month period. In…
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24 September
50 pubs a month ‘vanished’ during H1 2024
50 pubs a month have “vanished” for good from the English and Welsh communities calling last orders for the final time during the first six months of 2024, according to analysis of official government data by the commercial real estate intelligence firm Altus Group. The overall number of pubs in…
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23 September
Today’s news in brief 23/09/24
RedCat will be investing £8m in its portfolio of pubs across the next six to 12 months. The programme will focus on team training and upskilling, service, renovating the buildings and improving the offer of food, drink, rooms and entertainment. The company has already completed five projects. Manchester Airport will…
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23 September
Briar restaurant opens at Number One Bruton in Somerset
Briar, the debut restaurant of chef Sam Lomas, has opened its door at Number One Bruton in Somerset. The restaurant marks a partnership between Sam Lomas and husband-and-wife team Claudia and Aled Rees, owners of the Number One Bruton hotel. Briar is a “neighbourhood restaurant”, with a menu that celebrates…
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