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.
-
Aug- 2024 -29 August
Foodservice inflation falls to 3.1% in July
Foodservice rates fell to 3.1% in July, showing that inflation has now fallen for 13 consecutive months, according to Prestige Purchasing and CGA by NIQ’s latest Foodservice Price Index report. However, the report also indicated a slight uptick in month-on-month prices, with the whole basket of items increasing by 0.2%…
Read More » -
29 August
IoH partners with BoE to help businesses combat counterfeit notes
The Institute of Hospitality (IoH) has become a strategic partner of the Bank of England’s Banknote Checking Scheme, a free scheme for companies to protect their business from counterfeit banknotes and stay up-to-date on the latest banknote news. Whilst counterfeiting has substantially reduced since 2019, businesses that accept counterfeits can…
Read More » -
28 August
Today’s news in brief – 28/08/24
Contract caterers achieved a sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an improvement rate of 7% recorded in the first quarter of this year. The strong performance comes despite another fall in the outlets served by contract caterers, as they now…
Read More » -
28 August
De Nadas to open new empanadería in Stoke Newington
De Nadas, the UK’s first empanadería to specialise in Argentinian hand-shaped empanadas, is opening a 20-seater shop on Stoke Newington Church Street in London. The empanada specialist, which first launched on Notting Hill’s Golborne Road in 2022, followed by Shoreditch’s Rivington Street, will open the new shop in North London…
Read More » -
28 August
Prezzo set to revamp restaurants
Prezzo has announced that it is set to embark on a programme of refurbishing its restaurants with several having already completed their transformations. In the last three months, Prezzo has completed several refurbishments of select restaurants across the UK, whilst more refurbishments across other venues will be taking place in…
Read More » -
28 August
Dronfield Woodhouse pub The Miners Arms closes for £310k refurb
Dronfield Woodhouse pub The Miners Arms has shut its doors in order to undergo a £310,000 refurbishment. The refurbishment is being carried out by Heineken-owned Star Pubs and new licensee Jon Church, who comes from Meadowhead and has worked in pubs around Derbyshire and South Yorkshire for the past 20…
Read More » -
28 August
Contract caterers achieve 10% sales growth in Q2
Contract caterers saw sales rise by 10% in Q2, marking its 13th quarter of growth in a row and an improvement rate of 7% recorded in the first quarter of this year, according to CGA by NIQ and Bidfood. Meanwhile, growth in moving annual total (MAT) sales – compared to…
Read More » -
27 August
Today’s news in brief – 27/08/24
Hydes has reported a “record” turnover of £39.3m for the year ended 31 March, when its overall pre-tax profits also rose from £2.3m to £2.6m. The family-owned business has attributed its performance to investing in refurbishments, the opening of a landmark site on the Wirral, and the growth of contract…
Read More » -
27 August
Over 50% of hospitality managers say staff are ‘burning out’
More than half (53%) of U.K. managers working in hospitality say their company and staff are suffering from burnout, according to a survey from Axonify. Managers cited long working hours (69%), high stress levels (68%) and understaffing (64%) as the main causes. Managers remain divided about the impact that Brexit…
Read More » -
27 August
Hydes achieves ‘record’ FY turnover of £39.3m
Brewer and pub chain, Hydes, has reported that its turnover rose £5m to £39.3m for the year ended 31 March. Hydes also saw its overall pre-tax profits rise from £2.3m to £2.6m during the period. The family-owned business has attributed its “record” results to its investment in refurbishments, the opening…
Read More »
