News
The News section on Catering Today delivers the latest updates and developments across the UK hospitality and catering industry. Covering restaurants, pubs, quick service brands, and catering groups, it reports on company announcements, market performance, government policy, and sector-wide trends. With a focus on commercial and operational impact, Catering Today’s news coverage keeps hospitality professionals informed of the events and decisions shaping business conditions and strategic opportunities across the sector.
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Oct- 2024 -21 October
Top 100 restaurant groups see profits dip to £244.1m in 2024
The UK’s top 100 restaurant groups have seen their profits dip from £246.5m in 2023 to £244.1m in 2024, new research by UHY Hacker Young shows. UHY Hacker Young said that the slight dip in profits is a “creditable performance” considering the challenges the sector has faced from the cost-of-living…
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21 October
Rockwater to open new Sandbanks venue in Spring
Hospitality and lifestyle group Rockwater has confirmed that it will open a third venue, its largest one, in Sandbanks, Poole, during Spring. Positioned on the Sandbanks peninsula with views across the Jurassic Coast, the venue will be spread across two floors with an outdoor terrace. Rockwater will serve as a…
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21 October
King Pins to open third venue in Bristol in January 2025
King Pins will be launching its third venue and first out of Manchester in Cabot Circus, Bristol, in January 2025. Having launched two sites in Manchester in summer 2023 and May 2024, King Pins blends bowling with a hospitality offering. King Pins Bristol will have a variety of games and…
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21 October
170 hospitality bosses call for business rates action ahead of Budget
170 hospitality leaders have backed UKHospitality’s call for a lower level of business rates for the sector ahead of the Labour party’s first Budget at the end of the month. In an open letter to the chancellor, the CEOs of Britain’s most well-known and biggest pub groups such as Fuller’s,…
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18 October
Today’s news in brief – 18/10/24
Over 1,200 pubs will likely be closed this year, new data from CAMRA shows, compared to around 1,000 in 2023 and just over 800 in 2022. The “alarming” rate of licensee turnover in the pub trade comes as the crushing weight of unfair taxation and high operational costs leave businesses…
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18 October
Bunsik to open seventh location in Chinatown London
Bunsik is opening its seventh UK location in Chinatown London at 31 Wardour Street on 31 October 2024. The new grab-and-go site will serve a variety of popular Korean street food items, including the brand’s signature Corn Dogs. The menu at the Chinatown London location will introduce new items like…
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18 October
GDK bolsters leadership team ahead of 150th UK store opening
German Doner Kebab has announced the appointment of Tommy Edmong as its new CFO and Amit Pancholi as UK franchise development director, as the QSR chain prepares to open its 150th UK store in the coming months. Edmond joins the group with over a decade of financial leadership experience, having…
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18 October
Over 1,200 pubs will likely shut down this year, CAMRA says
Over 1,200 pubs will likely be shuttered this year, compared to around 1000 in 2023, and just over 800 in 2022, new data from CAMRA has revealed. Figures released today by the Campaign show the “alarming” rate of licensee turnover in the pub trade as the crushing weight of unfair…
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18 October
Compass One acquires Peabodys Coffee
Compass One, part of Compass Group UK and Ireland, has acquired Peabodys Coffee, the provider of quality food and beverages within healthcare environments, as it seeks to expand in the NHS. Led by Claudia Mascino, MD, Peabodys Coffee started its journey in 1997 in London hospitals, with food that is…
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17 October
Today’s news in brief – 17/10/24
Deliveroo’s GTV rose 6% to £1.7bn in Q3 as the company maintains its full year guidance. Total orders increased 2%, while GTV per order was up 4% in constant currency and revenue increased 4% to £498m. In the UK&I, GTV growth reached £1bn, a 7% increase year-on-year, with order growth…
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