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 -18 July
Roadchef returns to profitability
Roadchef has returned to profitability for the year ended 31 December 2023 after seeing its revenues jump 16.9% to £256m. It comes as the group reported profits before tax of £13.4m for the period, up from a previous loss of £6.6m. The group’s net assets also rose during the year…
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18 July
One Devonshire Gardens restaurant appoints new head chef
One Devonshire Gardens by Hotel du Vin, in Glasgow’s West End, has announced the return of Martin Thliveros as its new head chef. Thliveros joins the One Devonshire Gardens team with a vision to further enhance The Restaurant’s commitment to using the “highest quality” of local produce. Drawing on his…
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18 July
Stonegate invests over £2.6m in four Slug and Lettuce venues
Stonegate Group has announced the opening of Slug and Lettuce in Albert Square, Manchester, following a £2.6m investment across four of its venues. According to Stonegate, the investments signal a “new era” for Slug and Lettuce, marked by an “evolution in the look and feel” of venues across the UK.…
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17 July
UK pubs and bars see ‘massive boost’ during Euro 2024 final
Pub transaction volumes nearly tripled on the day of the Euro 2024 final, increasing 195.6% year-on-year, and up 107.3% week-on-week, according to a new data by Barclays Across England’s seven Euro 2024 matches, UK pub and bar transactions were up 86.4% year-on-year on average, with growth peaking during the final.…
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17 July
Cornish Bakery to open 61st location in Nottingham
Independent bakery chain Cornish Bakery will be opening its 61st location in Nottingham on Monday 12 August, creating 18 jobs and supporting the community through local partnerships. The bakery will be located on Bridlesmith Gate, an area which has existed since the Middle Ages and until the 19th-Century as the…
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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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