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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Jul- 2024 -29 July
Euros and warm weather see drinks sales soar 14%
Drinks sales increased 14% in Britain’s pubs, bars and restaurants thanks to Euro 2024 final and much improved warm weather, according to CGA. The figure from CGA by NIQ’s Daily Drinks Tracker — for average sales in managed venues in the seven days to 20 July, against the equivalent period…
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26 July
Today’s news in brief – 26/07/24
Marston’s has reported a 5.2% rise in LFL sales in the year-to-date and a 6.2% rise in total retail sales in managed and franchised pubs for the 42-week period to 20 July. The group saw considerable uplift during Euro 2024, with like-for-like sales for the week of the semi-final and…
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26 July
Startup investment platform to invest £2.5m in Manchester hospitality
Start-up hospitality investment platform Shuffle has revealed that it has committed to investing £2.5m into Manchester’s hospitality industry. The founders have chosen Manchester as the first location in the UK to launch and have already partnered with Madre, Medlock Canteen, Trof and Bold Street Coffee. Shuffle will provide upfront capital…
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26 July
Marston’s reports 5.2% LFL sales boost
Marston’s has reported a 5.2% increase in its like-for-like sales in the year to date and a 6.2% rise in total retail sales in its managed and franchised pubs for the 42 weeks to 20 July 2024. Like-for-like sales also increased by 2.4% in the 16-week period to 20 July…
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26 July
Duo of restaurateurs expand presence in Chinatown
Korean street food brand Bunsik and Kung Fu Burger are opening new locations in London’s Chinatown. Bunsik will join Chinatown London’s food landscape in September, marking the restaurant group’s second site within the destination. The 900 sq ft site at 31 Wardour Street is next-door to Pochawa Grill, Maguro Group’s…
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26 July
Mitchells and Butlers LFL sales rise 3.4% in Q3
The operator of All Bar One and Toby Carvery, Mitchells and Butlers, has reported that like-for-like sales rose 3.4% during the third quarter to 20 July, as sales remained ahead of the market despite the generally wet weather. Following a “very” strong start to the year, the group’s Q3 growth…
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25 July
Today’s news in brief – 25/07/24
Compass Group revenues rose 10.3% during Q2, as all regions continued to perform well. The group stated that as revenues and industry trends remain strong, it provides Compass with an “exciting pipeline of new business opportunities”. Net new business growth also accelerated in Q3, whilst pricing moderated in line with inflation. …
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25 July
Compass Group sees revenues rise 10.3% in Q3
Compass Group has announced a 10.3% rise in its organic revenue growth for the third quarter ended 30 June 2024. All regions continue to perform well, with revenues in Europe increasing 12.0%, followed by a 9.9% increase in North America and a 8.5% increase in the rest of the world.…
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25 July
Tiger Inn put up for auction
The Tiger Inn in Coneythorpe near Knaresborough is to be put up for auction next month with a guide price of £275,000. The venue was put up for sale in February for £495,000 with specialist leisure agency Fleurets, which is continuing to market the property. Now the pub will also…
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25 July
Ireland drinks sales rise by 4.6% as customer habits shift
Drinks sales in Ireland pubs rose by 4.6% in the last 12 months fuelled by major shifts in people’s habits, CGA by NIQ has revealed. According to CGA’s On Premise User Survey, more than three quarters (78%) of people now typically visit drink-led pubs at least monthly, and nearly a…
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