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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Jul- 2024 -17 July
Heartstone Inns sees surge in revenues and profits
Heartstone Inns has reported a 11% rise in revenues to £9.6m for the year ended 31 December 2023. The group’s operating profit also increased from £3.1m to £3.4m. However, the group’s EBITDA slightly dipped from £1.8m to £1.7m, representing a pub EBITDA margin of 18% compared with 21.0% last year.…
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17 July
Ormer Mayfair appoints new head chef
Ormer Mayfair has announced that Kyle Lynch has been promoted to head chef by executive chef Sofian Msetfi at the Michelin-starred 4AA Rosette restaurant within family-owned hotel Flemings Mayfair. Lynch brings more than a decade of experience in the industry to the role. After several chef internships in the USA,…
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17 July
Starmer vows to ‘make work pay’ in King’s Speech
The new Labour government has outlined its main goals for the new parliament as part of the King’s Speech today (17 July) with a central focus of “ improving living standards for working people through economic growth”. Key points outlined in the speech, read by the King but written by…
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16 July
Today’s news in brief – 16/07/24
JD Wetherspoon has hit back at TUC for calling it a low-pay employer, saying that the Trade Union Congress’ criticism of its business model and employment style is “completely inaccurate and unjustified”. The TUC’s comments were from an interview in The Telegraph, in which it also named Amazon, Sports Direct…
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16 July
Moving Venue secures Freemasons’ Hall deal
Moving Venue has announced a five-year partnership with Freemasons’ Hall to serve as the official caterer for external commercial events and in-house lodge dining for members. Under this new agreement, Moving Venue will provide comprehensive catering services throughout Freemasons’ Hall. Freemasons’ Hall features four large spaces available for commercial hire;…
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16 July
JD Wetherspoon rebuffs TUC accusation of being low-pay employer
JD Wetherspoon chairman Tim Martin has hit back at comments made by the Trade Union Congress (TUC) head Paul Nowak, which called the pub chain an employer that has “built its business model on low-paid insecure employment”. The rebuttal comes after The Telegraph published an interview with Nowak on Sunday…
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16 July
New all-day brunch venue Park Side to open in Cardiff
A brand-new, all-day brunch venue, Park Side, is set to open its doors at the Amber Vista development in Cardiff on 17 July. Park Side was originally founded by 37 year-old Sophie Pascoe and her mother in 2021. It soon attracted a loyal following for serving coffee and sweet treats…
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16 July
Greggs to open new Kettering distribution centre
Greggs has announced plans to open a new national distribution centre at Symmetry Park, Kettering, in partnership with Tritax Symmetry. According to Greggs, this initiative is a “key” part of its growth strategy, aimed at expanding its supply chain to meet the needs of its growing number of shops across…
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15 July
Today’s news in brief – 15/07/24
Drinks sales in managed venues rose 6% in the week ended Saturday 6 July, following the same rate of growth in the previous week and a 9% increase in the seven days before that. Growth peaked on Sunday 30 June when sales rose 40% as a result of England’s last…
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15 July
Drinks sales beat inflation for third week amid Euros boost
Drinks sales in the UK’s managed venues rose 6% in the week ended Saturday 6 July, compared with the same period last year. It follows the same rate of growth in the previous week, and a 9% increase in the seven days before that. Growth peaked on Sunday 30 June…
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