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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Apr- 2024 -24 April
Pret co-founder returns amid board shakeup
Pret a Manger has announced that its co-founder Sinclair Beecham will return to the company in an advisory role as it reshuffles the makeup of its board. Olivier Goudet, who has been chairman since JAB’s acquisition in 2018, will step down and be replaced by his colleague Konrad Meyer. Meyer…
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24 April
Redemption Roasters closes £2.7m investment fund to fuel expansion
Coffee company Redemption Roasters has closed its latest £2.7m investment round as it is set to treble revenue over the next three years to help drive expansion and increase impact in London and across the UK. With a pre-money valuation of £22m, the company is set to launch four new…
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24 April
Tortilla revenues rise 14% to £65.7m in FY23
Tortilla has reported that revenues rose by 14% to £65.7m in the year to 31 December 2023, as it built on the momentum from the previous year’s record. Like-for-like revenues also grew 3.6% during the period, equivalent to 4.9% when adjusted for the Q1 VAT benefit from 2022. Meanwhile, adjusted…
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24 April
Scottish Hospitality Sector hit by new immigration rules
Hospitality businesses in Scotland looking to hire overseas talent at a time when domestic recruitment can be difficult, are now facing a “new hurdle” following the UK government’s implementation of new salary thresholds in early April, according to immigration lawyers Fragomen. Under the new rules, hospitality businesses who look to…
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23 April
Another Place opens Brackenrigg Inn
Another Place, The Lake has announced the opening of the refurbished Brackenrigg Inn, in Ullswater in the Lake District. The pub is a short walk from the existing hotel and includes a bar, seven ensuite bedrooms, a sun-trap terrace and six acres of meadows. Guests staying at The Brackenrigg will…
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23 April
Gov delays tipping law until October 2024
The UK government has delayed the implementation of the tipping law from July 2024 to October 2024. The Department for Business and Trade published an updated Code of Practice on Monday (22 April 2024) on the fair and transparent distribution of tips that will have legal effect under the Employment…
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23 April
Caffè Nero sales grow 12.7% in Q3
Caffè Nero delivered 12.7% year on year sales growth during Q3 2023 which ended on 29 February. In the UK for the same period, sales were up 10.5% compared to Q3 last year. The Q3 sales built on the strong first half of the financial year, driving year to date…
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22 April
Toca Social to open new site in Birmingham
Toca Social has announced it will be opening its second site in the UK in the Bullring Birmingham from 3 June. Alongside this, Toca Social has designed a new food menu featuring globally inspired, handheld sharers for guests to enjoy while playing, such as London based Chick ‘n’ Sours. The…
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22 April
Queens Head Hawkshead re-opens after refurb
The Queens Head, a pub with rooms in Hawkshead, has reopened following its new pub and guest bedrooms refurbishment. The listed pub, one of Robinsons’ Individual Inns pub collection, offers “premium pub accommodation” alongside food and drinks. The sixth-generation family brewers have invested significant capital into the improvements of the…
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22 April
Red Engine to open fourth UK Electric Shuffle in Manchester
Red Engine has announced that it will open its fourth Electric Shuffle venue in the UK in Manchester on 21 June. Located on Deansgate, this new venue is the second outside of London and the second Red Engine brand to reach Manchester after the opening of Flight Club in 2018.…
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