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 -23 September
RedCat Pub Company to invest £8m in portfolio
The RedCat Pub Company has revealed that it is set to invest £8m in its portfolio of pubs and coaching inns across the next six-12 months. The company has stated that it is set to invest in 18 RedCat pubs and 6 Coaching Inns across the UK. The programme will…
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23 September
Manchester Airport bolsters F&B offering amid £1.3bn investment
Manchester Airport will be opening 22 new shops, restaurants and bars next summer, as it completes the second and final phase of its £1.3bn Terminal 2 transformation. The line-up of food and beverage outlets will include The Great Northern Market, a new JD Wetherspoon pub, a Joe and the Juice…
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23 September
Stonegate Group partners with Reef to offer flexible workspaces
Stonegate Group, the UK’s largest pub company, has partnered with Reef, an app for remote workers, to offer more than 700 of its venues as flexible, laptop-friendly workspaces. Remote workers can now work and benefit from exclusive deals at venues including Slug and Lettuce, Proper Pubs and Pub and Dining,…
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20 September
Today’s news in brief – 20/09/24
Caffè Nero has reported record sales of £147m for Q1, driven by very strong growth in the UK of 12.5% year-on-year and a like-for-like sales rise of 9.1%. The coffee house brand’s Q1 performance was “notably” above the general trend of the F&B sector, marking a continuation of Caffè Nero’s…
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20 September
Wingstop UK appoints head of acquisitions amid expansion plans
Wingstop UK has announced the appointment of Adrian Saunders as its new head of acquisitions. Saunders previously led the acquisition of approximately 90 restaurants for The Restaurant Group, including Frankie and Benny’s and Chiquito locations. He also successfully acquired 45 prime high street and shopping centre sites for Wagamama, including…
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20 September
Knoops raises £1m on first day of crowdfunding campaign
Knoops has raised over £1m since launching its campaign on Wednesday 18 September via Crowdcube, the world’s largest equity crowdfunding platform. The Crowdcube campaign went live on Wednesday (18 September) with an initial target of £1m, which had already been comfortably surpassed by the end of yesterday (19 September). The…
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20 September
Caffè Nero hits record Q1 sales of £147m
Caffè Nero has reported recorded sales of £147m for the first quarter, driven by very strong growth in the UK of 12.5% year-on-year and a like-for-like sales rise of 9.1%. The coffee house brand’s Q1 performance was “notably” above the general trend of the F&B sector, marking a continuation of…
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20 September
JW Lees to acquire The Bellflower pub from Marston’s
JW Lees has agreed to acquire The Bellflower pub restaurant in Garstang Lancashire from Marston’s for an undisclosed sum. The news comes after the recent acquisition of The Craigside Hotel in Little Orme in Llandudno from Whitbread. The acquisition of The Bellflower pub restaurant will take Jw Lees’ Managed Pub…
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19 September
Today’s news in brief – 19/09/24
Hostmore has fallen into administration, endangering some 4,500 jobs. While a total of 87 TGI Fridays restaurants have been put up for sale, they will continue to operate as normal during the administration process. The news comes after Hostmore’s plans to acquire the US operator of TGI Fridays for £177m…
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19 September
ASLEF accepts pay deal ending industrial action
Train drivers union ASLEF has voted to accept a multi-year pay deal bringing to an end a two-year dispute with 16 train companies. Members of the union voted 96% in favour of the deal which will see drivers receive a pay rise of 15% over the next three years. Secretary…
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