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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May- 2024 -23 May
Subway launches new digital in-store experience
Subway is rolling out the next phase of its digital experience across the UK, Finland and Germany. Interactive self-serve kiosks have been introduced in many restaurants across the three markets, with plans to add hundreds more throughout the region by the end of the year. The kiosks are connected to…
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23 May
Hospitality YoY sales drop 1.7% due to more wet weather
Britain’s top hospitality groups saw sales drop 1.7% year-on-year in April after widespread wet weather, the new CGA RSM Hospitality Business Tracker has revealed. It comes as the first year-on-year drop in monthly sales since September 2022 and in sharp contrast with March, when the sector achieved 5.3% growth due…
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23 May
Fantomas to open in Chelsea in July
The Sloane Stanley Estate has announced that Fantomas, the new gastronomic concept behind dynamic duo George Bukhov-Weinstein and Ilya Demichev, is set to open on King’s Road later this summer. The restaurant will be headed up by chef Chris Denney, adding another award-winning name to the borough of Chelsea. Fantomas…
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22 May
General election called for 4 July
Prime minister Rishi Sunak has confirmed that a general election will take place on Thursday 4 July. The prime minister informed the cabinet of his plans in a meeting held this afternoon (22 May). As a result the parliament will be dissolved next week. Sunak had previously confirmed that an…
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22 May
Today’s news in brief – 22/05/24
M&A in the country’s F&B sector hit its highest deal volume since 2016, according to a report by Oghma Partners. For the first four months of 2024, there has been an increase by 30.3% in the volume of deals (43 transactions) compared to the same period in the prior year.…
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22 May
EL&N Deli and Bakery to open in Covent Garden in July
EL&N Deli and Bakery, a brand-new concept from the café and lifestyle brand EL&N, is set to open in Covent Garden’s heritage-listed Market Building in July. The concept represents a new arm of the EL&N brand, opening in the historic heart of Covent Garden, the Market Building. With over 35…
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22 May
P.F. Chang’s unveils Leicester Square refurb
Pan-Asian restaurant P.F. Chang’s has unveiled the £450,000 refurbishment of its Leicester Square venue. The venue has been designed by Zebra Projects, a global architecture practice headquartered in London. Spanning 4,500 sq ft, with capacity for 134 guests, P.F. Chang’s London features vibrant murals in red and gold, each representing…
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22 May
Nightcap launches fundraising to fuel expansion plans
Nightcap has started a proposed fundraising of up to £3.5m before expenses via the issue of up to 70 million new ordinary shares of 1p each in the company at a price of 5p per new ordinary shares. The news comes as Nightcap boss Sarah Willingham intends to position the…
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22 May
Food and Beverage M&A activity reaches highest deal volume since 2016
M&A in the UK food and beverage sector reached its highest deal volume since T1 2016 according to the new UK Food and Beverage Sector M&A report by Oghma Partners. For the first four months of 2024, there has been an increase by 30.3% in the volume of deals (43…
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21 May
Today’s news in brief – 21/05/24
The Big Table Group reported a pre-tax loss of £13.8m for the year ended October 2023, despite having increased its turnover from £26.1m to £31.6m. The owner of Café Rouge, Bella Italia, and Frankie and Benny’s attributed its performance to rising inflation, which had commenced during 2022 and had also…
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