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.
-
Oct- 2024 -17 October
Deliveroo GTV reaches £1.7bn in Q3
Deliveroo saw its gross transaction value (GTV) increase 6% to £1.7bn in the third quarter 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 UKI, GTV growth reached £1bn, a…
Read More » -
17 October
Whitbread to offload 51 F&B sites for £56m
Whitbread has accepted offers on 51 F&B locations for £56m, as part of the hotel operator’s plans to exit a total of 126 branded restaurants and convert a further 112 into 3,500 rooms with an integrated F&B offering. According to the group, it is currently working with its advisers and…
Read More » -
17 October
Boxcar Group launches Bread and Wine in Connaught Village
Boxcar Group has announced the launch of its third venue, Bread and Wine in Connaught Village, Hyde Park London. The new venue will be an all-day dining destination and will have 70 covers across indoor and outdoor areas. The venue will be led by head chef Zisis Gkalmpenis who will…
Read More » -
17 October
The Caledonian Edinburgh to launch new F&B site, The Court
The Caledonian Edinburgh hotel is set to unveil its brand-new food and drink destination The Court later this month. The news follows Henderson Park’s £35m investment in renovation and the hotel’s transition to join Curio Collection by Hilton. The transformation to the food and drink offering will be one of…
Read More » -
16 October
Today’s news in brief – 16/10/24
Hospitality business rates will likely hit £914m, UKH has warned, as September’s CPI inflation data will cause an additional £48m increase to business rates. As a result of this, the trade body is calling on the chancellor to introduce a lower, permanent and universal multiplier for hospitality. Just Eat orders…
Read More » -
16 October
Plant Based World Expo Europe to open at ExCeL London in November
Plant Based World Expo Europe has revealed it will be opening at ExCeL London between 13 and 14 November 2024 to display a full breadth of innovation and trends in the plant-based sector. This two-day event for the F&B industry will feature an international exhibition with over 100 exhibitors and…
Read More » -
16 October
Hospitality business rates to hit £914m, UKH warns
September’s CPI inflation data will cause an additional £48m increase to business rates meaning the overall bill, set for April, will likely hit £914m, according to UKHospitality. As a result of this the trade body is calling on the chancellor to introduce a lower, permanent and universal multiplier for hospitality.…
Read More » -
16 October
Just Eat orders drop across all markets in Q3
Just Eat has seen a drop in orders across all its markets in Q3 but has maintained its full year guidance. The food delivery company reported that its Gross Transaction Value (GTV) fell by 3% to €6.3bn (£5.2bn) in the quarter, down from €6.5bn (£5.4bn) in Q3 2023. Excluding North…
Read More » -
16 October
Starbucks acquires 23.5 Degrees
Starbucks has announced its acquisition of franchise group 23.5 Degrees in the UK earlier this week for an undisclosed amount. This deal will bring on board the largest Starbucks-licensed business partner in the market, encompassing approximately 113 stores and 1,650 employees. According to the coffee chain, the deal will further…
Read More » -
16 October
Heron and Brearley Group appoints ex-Liberation CEO as chairman
Isle of Man-based hospitality group Heron and Brearley Group has announced the appointment of Mark Crowther, former chief executive of the Liberation Group, as chairman. Crowther, who has worked for 11 years as Liberation Group’s CEO, brings over 30 years’ food, drink, and hospitality experience to the Manx business. He…
Read More »
