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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Jun- 2024 -25 June
Chef Labron-Johnson to open restaurant with rooms
Chef Merlin Labron-Johnson has announced plans to relaunch his Osip as a new restaurant with rooms. Located at Number One Bruton in Somerset, Osip will relocate to a 16th century inn just outside the village. The last service at Number One Bruton will be on June 30th. The new Osip…
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25 June
Bangladeshi restaurant Dakaah to open in Camden Market
Casual dining restaurant Dhakaah is set to open its doors in Camden Market’s Hawley Wharf on 24 July, with a series of soft launch activations in the run-up to the opening. Dhakaah is a celebration of the street food and specialities of Bangladesh and is named after the country’s capital…
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25 June
Tortilla acquires French competitor Fresh Burritos for €3.95m
Tortilla Mexican Grill has announced its strategic acquisition of Fresh Burritos, a France-based European fast-casual Mexican restaurant, for a total of €3.95m (£3.34m). The deal has been funded from the group’s existing debt facilities and is expected to contribute £2.5m of additional annual adjusted EBITDA at 24 months maturity. It…
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24 June
Today’s news in brief – 24/06/24
Stonegate revenues hit £916m in H1 ended 7 April, as its leased and tenanted estate demonstrated “consistent” growth with like-for-like sales rising 6.2% on the equivalent period in the prior year. EBITDA margin in H1 was up 1.3% to 21.3%, highlighting the “positive impact” of Stonegate’s performance improvement and efficiency…
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24 June
Stonegate revenues hit £916m in H1
Stonegate group’s revenues reached £916m in the 28 weeks ended 7 April 2024. Adjusted H1 EBITDA for the group was up 7.7% to £196m, compared to £182m for the same period in 2023, with a particularly strong performance from L&T and operator-led businesses. During the period, the leased and tenanted…
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24 June
Red Engine opens Electric Shuffle Manchester
Red Engine has opened the doors to its latest Electric Shuffle venue in Manchester’s Deansgate. Electric Shuffle Manchester is the second bar from Red Engine to hit the city, following the opening of Flight Club back in 2018. The latest launch from Red Engine creates 75 new job opportunities in…
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24 June
Market Halls FY revenues jump 155% to £22m
Food hall operator Market Halls has reported a “remarkable” 155% rise in revenues to £22m in the 12-month period to July 2023, which will set the stage for its plans to open more food halls across the country. At the same time, the Gees Court-backed company has secured a prime…
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24 June
Young’s Pubs profits and revenues surge
Young’s Pubs has revealed its profit-before-tax has increased 9.3% to £49.4m as its revenues increased 7.4% to £388.8m on a comparable 52-week basis and 3.4% on a like-for-like basis in 2023. The pub group’s adjusted EBITDA also increased 7.8% to £92.2m and its managed house adjusted EBITDA for the period…
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21 June
Today’s news in brief – 21/06/24
The NTIA has asked the new government to appoint a NTE minister to “safeguard the future of nightlife”. This comes as the night time economy is struggling to meet global standards due to a lack of dedicated representation and leadership. Such a move would restore confidence within the sector, demonstrating…
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21 June
Noble Restaurants Group appoints new culinary director
Noble Restaurants Group has recently announced the appointment of Jeremy Brown as its new culinary director. With a career spanning over three decades, Brown brings a “wealth” of culinary expertise and leadership to his new role. He will oversee culinary operations across three key elements of Noble Restaurants Group’s portfolio:…
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