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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Feb- 2024 -29 February
Shanghai Noir brasserie to open in former Westminster Fire Station
Shanghai Noir, a new Indo-Chinese brasserie, is set to open this March on the lower ground floor of the Grade II listed old Westminster Fire Station. The new restaurant’s décor will hark back to the “heyday” of 1920s and 1930s Shanghai when the Asian city became known as ‘The Paris…
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29 February
Hospitality bosses back UKH’s call for action at upcoming Budget
Hospitality CEOs from groups including Mitchells and Butlers, Accor Hotels, Stonegate Pubs and Crerar Hotels have signed an open letter urging the Chancellor to take immediate action at the budget to prevent further business failure. In the letter, UKH and a total of 112 business leaders highlighted how rising costs,…
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28 February
Today’s news in brief – 28/02/24
Just Eat UK&I saw EBITDA rise to €135m (£115m) in 2023, up from €23m (£19m) in 2022, resulting in a GTV of €6.6bn (£5.6bn). The food delivery company attributed the full-year results to enhanced delivery efficiency and simplification of its delivery operation. Compass Group UK&I saw an absolute reduction in…
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28 February
Just Eat UK EBITDA jumps to €135m in FY23
Just Eat has revealed UK and Ireland EBITDA increased to €135m (£115m) in 2023, up from €23m (£19m) in 2022, resulting in a GTV of €6.6bn (£5.6bn). The food delivery company attributed the full-year results to enhanced delivery efficiency and simplification of its delivery operation. With the adjusted EBITDA margin…
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28 February
Asking price for Cheshire’s Poachers Inn reduced
The asking price for the Poachers Inn in Bollington, Cheshire has been reduced to £795,000 by sellers Christie and Co. Featuring a main pub and restaurant area, as well as a beer garden, the pub offers an extensive range of traditional cask and local ales. The Poachers Inn has been…
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28 February
Compass reduces emissions by 9.4% amid 20% business growth
Compass Group UK and Ireland has reported an absolute reduction in emissions of -9.4% across Scope 1,2,3 (FY19 baseline – FY23) amid a 20% growth in business. This has been achieved, inclusive of the company’s “high” organic growth, acquisitions and joint ventures. By including Compass’ growth within its analysis, an…
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28 February
BP pilots made-to-order food at 10 Wild Bean Cafes
BP will be piloting a “new and improved” ‘fresh food for now’ offer that customers can personalise at 10 of its Wild Bean Cafes across the UK. The news comes as BP looks for new ways to drive convenience growth by giving “on-the-move” customers made-to-order, hot food options and coffee. …
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27 February
Today’s news in brief – 27/02/24
Drinks sales at pubs and bars stayed level year-on-year, with a small 0.1% fall for the week ended 17 February, to continue a solid start to February trading, according to data from CGA. Sales on Valentine’s Day, a crucial trading date for operators and suppliers, were 9% higher than on 14 February…
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27 February
Strong Valentine’s Day keeps drinks sales level with 2023
Drinks sales at Britain’s pubs and bars stayed level year-on-year, with a small 0.1% fall for the week ended 17 February, to continue a solid start to February trading, according to data from CGA. This follows 1% growth in the previous seven days and continues a decent build-back after tough conditions in…
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27 February
The Redgarth in Inverurie hits the market after 34 years
The Redgarth, a pub and restaurant with letting rooms in Oldmeldrum, Inverurie, has hit the market for the first time in 34 years. Well positioned within the picturesque village of Oldmeldrum, the inn has built a good reputation in Aberdeenshire for its food and drink offerings. The business is also…
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