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.
-
Jan- 2024 -29 January
Buzzworks sees revenues rise to £29.9m
Buzzworks Holdings Limited has reported a 19% increase in revenue to £29.9m for the year ending 30 April 2023. Its like-for-like sales were also up 5.3% for the five weeks to 31 December 2023 which came on top of “strong growth” last year. However, the group recorded underlying EBITDA before…
Read More » -
29 January
Brakspear acquires two sites from New Dawn Pubs
Pub operator Brakspear is expanding its leased and tenanted estate into Hampshire with the purchase of two pubs in the county from New Dawn Pubs. The Rose and Crown near Alton and The Royal Exchange near Bordon will join Brakspear’s 110-strong L&T estate. Both pubs benefit from “idyllic” village locations,…
Read More » -
29 January
Loungers opens 250th site in Rochdale
Loungers has announced the opening of its 250th site – Pionero Lounge in Rochdale – which officially opened today (29 January). Since the group’s interim results on 28 November, it has opened Coltello Lounge in Cramlington; Arturo Lounge in Penrith; Costero Lounge in Paignton; Consurio Lounge in Caerphilly; and Centivo…
Read More » -
26 January
Today’s news in brief – 26/01/24
New border checks could bring about a resurgence in inflation despite the recent downward trend, CGA has warned. The government is set to implement new paperwork requirements for EU businesses sending animal and plant products to the UK from the end of January, with physical inspections commencing in April. Paddy…
Read More » -
26 January
Chartwells announces raft of new contract wins and retentions
Chartwells Independent has announced it has successfully won two new three-year contracts with South Hampstead High School and Wimbledon High School. Both schools are members of the Girls’ Day School Trust (GDST), the UK’s largest group of independent schools educating 20,000 girls each year. Chartwells Independent will also support both…
Read More » -
26 January
CGA warns border checks threaten deceleration of foodservices inflation
Apprehensions are growing about a resurgence in inflation as a result of new border checks despite the recent general downward trend, CGA has revealed. The government is set to implement new paperwork requirements for EU businesses sending animal and plant products to the UK from the end of January, with…
Read More » -
26 January
Senior team at Paddy and Scott’s complete MBO
Paddy and Scott’s Coffee CEO Jonathan Reed and operations director Zoe Hill have completed a management buy-out (MBO) of the Suffolk-based coffee wholesaler and cafe operator. The company has experienced 28% year-on-year growth and “significant” progress in delivering positive social impact in coffee-growing regions around the world. Established in 2007…
Read More » -
26 January
Herringbone Goldenacre reopens following refurb
Edinburgh-based bar and restaurant Herringbone Goldenacre has reopened following a “significant refurbishment”, boasting a brand-new menu to “complement” its new décor. The site, which is operated by hospitality group Buzzworks Holdings, was closed for three-and-a-half weeks as it underwent a complete makeover. The venue, located on South Trinity Road near…
Read More » -
25 January
Today’s news in brief – 25/01/24
Hospitality vendors in the North have averaged 7.2% sales growth in 2023, despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed that Newcastle (12.7%) and York (9.2%) lead the uptrend, followed by Sheffield (7.1%),…
Read More » -
25 January
Northern hospitality venues welcome 7.2% sales growth in 2023
Hospitality vendors in the North have demonstrated growth and resilience over the past year, averaging 7.2% sales growth despite the cost of living crisis and escalating business rates. New research conducted by Northern Restaurant and Bar in partnership with CGA by NielsenIQ revealed all northern England cities saw a growth…
Read More »
